Posted 1 year ago on April 3, 2012, 9:43 p.m. EST by aflockofdoofi2
This content is user submitted and not an official statement
There are 2 socialist programs in America, Medicare and Social Security. Everyday 1000-1500 new people are accepted into these programs. The average retiree in SS will get about $2000/month benefit. Medicare, as I proved before, costs $11000/yr. So for math purposes, each retiree costs about $35000 a year. Because of the massive demographic size of the boomers, More people are retiring than entering the work force. For all intents its about a one to one ratio. What that means in math terms is that todays one single worker has to shoulder the entire senior benefits of one retiree. Aiming this at someone like TrevorMnenomic, he has to earn $35000 a year before he gets one penny of his own salary. On top of that, since public employees retire well before private, he has to fund part ofthe public employees retirement. The math is incontrovertible. Without a sharp curtailment of these 2 entitlements, these 2 programs will crush the futures of todays 23 year old.
Sadly this same scenario is being replayed across all the developed world.