Current Events — HabitableZone

Current Events » in reply to Not to mention the dark secret that people are only just realizing..

re: No big secret.
Tom Brosz — (archived)

The long-range objective is to wean younger workers slowly off of government-supplied retirement, except in the case of emergency. When they retire, the costs are going to come down. Obviously, this is not a goal that fits well with the "no farther than the next election" syndrome in Washington.

That this will cost something in the short run is obvious, but the main assumption of the analogy of a pig moving slowly through a python is that the python is assumed to have another end eventually. The status quo is an endless python.

The Social Security system as it stands cannot sustain itself in the face of demographic certainties unless we just give up and recognize it as a massive universal welfare system that will tax the hell out of younger people in the future.

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