Message 1 of 4 (809356)
05-17-2017 11:36 PM
This fertility data was just published this month, and never before has the 25-29 group been majority childless.
The 30-34 female group is much more fertile but the 30.8% childless rate is also a new record.
The majority of the childless female population is college educated.
Social Security was not considered in the report (I don't think anyway ), but the funding shortfall is really being seen as more and more severe with every passing year since the Great Recession.
After the projections showed full funding of future benefits till 2042, for most of the first 21st century decade (2000 up till 2008) of official analysis , that 100% funding limit has been lowered and lowered for the last 9 years till the year of reckoning has now been sunk all the way down to 2029.
2009 began with a 2037 projected year for the funding dropping, based on projected revenue ( which would be strictly Pay As You Go as the surplus would be exhausted thus nothing additional to fund benefits - just the raw day to day payroll tax payments from workers to immediately be used to pay retirees ) , from 100% down to 73%.
Now it is 2029 for the surplus to be exhausted, and then only 71% of benefits can be paid.
My solution is to bring in a ton of very young people from Africa and to start NOW.
There is no other solution honestly.
This thread is a proposal to discuss the various issues covered (fertility alone, Social Security alone, or a combination of both ).
|Replies to this message:|
| ||Message 3 by xongsmith, posted 05-19-2017 6:38 PM|| ||LamarkNewAge has not yet responded|
| ||Message 4 by ringo, posted 05-20-2017 11:58 AM|| ||LamarkNewAge has not yet responded|