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Forum Post: Boomers Just Turning 65 this Year....Uh-oh, there goes the country..

Posted 12 years ago on Dec. 29, 2011, 4:10 p.m. EST by hchc (3297) from Tampa, FL
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So we have this massive group of people, who are all going to be getting a ton of SS and Medicare (which has costs going up exponetially).

Boomers are "technically" those from 1946-1964. This massive group has just turned 65 this year.

We are entering this huge payout period 15.2T in debt!

Hold on tight, its gonna be a rough decade.

What do the politicians cut first, SS or Medicare? Im guessing SS.



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[-] 1 points by hchc (3297) from Tampa, FL 12 years ago

When the amount the country borrows to sustain this lifestyle ends, its going to get really ugly for a lot of people.