Quote:
Originally Posted by Macdrizzle
1 word: feminism
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Nope one word.....birth control.
The boomers were the first generation to have birth control and they used it lots!
They didn't have the big families that were common just one generation earlier and thus (drum roll please) there aren't enough offspring to support them through retirement and old age. Couple that with the fact that were living longer and don't die at 67 like we did when the retirement age was set at 65 and we need to support the elderly for a lot longer before they die, and.....with new medical techniques the cost of that health care has gone way up.
This was predicted about 30 years ago and at the time the boomers could have taxed themselves more to prepare for what we're about to see. They didn't. The rest of us are left holding the bag. Now they complain that they'll have to work two years longer (we all will). we complain about immigration that would add to the tax base and provide more workers when the boomers aren't working.
It's a mess.