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LAGC

(5,330 posts)

1. It's true that once we get over the Baby Boomers hump, the burden will once again go back down.

Reply to newfie11 (Original post)

Wed Apr 18, 2012, 06:01 AM

Apr 2012

So the so-called coming Social Security "crisis" coming up in a couple decades is really more of a temporary problem, we may only need to raise taxes/revenue for a few decades to cover it, but its not a permanent problem that will forever break the bank.

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Does anyone remember Thom Hartman saying this? [View all] newfie11 Apr 2012 OP

It's true that once we get over the Baby Boomers hump, the burden will once again go back down. LAGC Apr 2012 #1

Indeed, Reagan initiated an increase in contributions tech3149 Apr 2012 #2

Correct. FICA was raised in 1983 specifically to build up the SocSec Trust Fund-- eridani Apr 2012 #3

Thank you all so much. newfie11 Apr 2012 #4

Do not forget that AARP is in the Insurance racket....so public option is not to their Bluenorthwest Apr 2012 #5

Right you are! newfie11 Apr 2012 #6

Remember there are fundamental differences in funding SS and Medicare muriel_volestrangler Apr 2012 #7