Imagine That Every US Household Had a $400k Mortgage, and No House

[Ryokan]

I just can't believe you are a libertarian if you think the government is amoral (in the sense of neither doing good nor evil) or supposed to be amoral.

I can't believe you think the government should be so expansive as to determine morality for its citizens and still bear the name libertarian!

[Augustine2004]

I can't believe you think the government should be so expansive as to determine morality for its citizens and still bear the name libertarian!

Ok, here's the new thread that I promised:
http://www.theologyweb.com/campus/sh...d.php?t=107328

[themuzicman]

The long and short of it is that baby boomers (84 million of them) only gave birth to 60 million genXers, and there are only about 72 million GenYers. SS assumed that one generation would be larger than the previous, and that the expected lifespan would hold around 65.

Babyboomers are breaking both, breaking the bank.

(They've also sent politicians to spend the extra they weren't spending on their parents...)

Michael

[Teallaura]

Would you guys like the pertanent discussion in this thread moved to that one?

Oh, and can anybody play or do you just want to go one-on-one?

[Teallaura]

The long and short of it is that baby boomers (84 million of them) only gave birth to 60 million genXers, and there are only about 72 million GenYers. SS assumed that one generation would be larger than the previous, and that the expected lifespan would hold around 65.

Babyboomers are breaking both, breaking the bank.

(They've also sent politicians to spend the extra they weren't spending on their parents...)

Michael

To be fair, that's kinda par for the course - the Boomers have broken everything else that got in there way...


If Mom could have held out three more weeks I'd have been Gen X...

[Jimmy Higgins]

Wouldn't this problem disappear if we legalized the illegal aliens and got them on the tax rolls?

[Teallaura]

Only if we refuse to extend them SS and M'care benefits. Otherwise it would just put off the crisis for a while.

Maybe.

[Ryokan]

Wouldn't this problem disappear if we legalized the illegal aliens and got them on the tax rolls?

It depends on how many kids they have. Honestly, it would help a little but even if we would open the door to everyone who wanted in it would not be enough. And I am very pro "amnesty".

[themuzicman]

Wouldn't this problem disappear if we legalized the illegal aliens and got them on the tax rolls?

Only if they actually begin to move up the wage scales.

Michael

[themuzicman]

BTW, the boomers had almost enough pregnancies (about 80 million), but had 20 million abortions

[Ryokan]

BTW, the boomers had almost enough pregnancies (about 80 million), but had 20 million abortions

Even if they hadn't it wouldnt work, as they are simply living to long and with too better medical care. Also, if the world worked out more fairly and Roe v Wade had not passed I bet at least half those aborted pregnancies would never have happened.

[Jimmy Higgins]

BTW, the boomers had almost enough pregnancies (about 80 million), but had 20 million abortions

That's a derail for ya.

[themuzicman]

Even if they hadn't it wouldnt work, as they are simply living to long and with too better medical care. Also, if the world worked out more fairly and Roe v Wade had not passed I bet at least half those aborted pregnancies would never have happened.

True, but it wouldn't be nearly as bad.

Michael

[Ryokan]

True, but it wouldn't be nearly as bad.

Michael

I don't think so. Its just an extra ten million people to spread the massive medicare debt around. Medicare is not a population based problem.

[themuzicman]

That 20 million people would be paying into medicare and SS, not taking money out. That would be a 33% increase in revenue.

Remember that the idea of SS and medicare is taht those working pay for those who are retired.

Michael