Briefly, too few people paying in, too many people taking out. It's not sutainable. The only reason why the population of the US is not in the more extreme coffin shape of, say, Sweden or Japan, is because of immigration.
And yes: that's classic Bush. I may notice this one more because I agree with the basic idea--SS is broken--but don't think that he's really thinking about how to fix it, just pigheadedly holding onto the original idea. In my snarkier moods, I could think that he's clutching this one for dear life because he doesn't get enough ideas to squander them.
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branchandroot
(no subject)
Date: 10 January 2005 12:32 (UTC)And yes: that's classic Bush. I may notice this one more because I agree with the basic idea--SS is broken--but don't think that he's really thinking about how to fix it, just pigheadedly holding onto the original idea. In my snarkier moods, I could think that he's clutching this one for dear life because he doesn't get enough ideas to squander them.