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Old 05-23-2005, 07:15 AM
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DVPGSR
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Originally Posted by Qbacca
Average life expectancy for children born in 2003 is 77.6 years, and it is vastly lower for those born during the baby boom generation.


And by social security "going bankrupt" in 2042 I assume you mean "giving 70% of what the seniors should get"
I agree life expectancy is lower, but to suggest that Social Security can cover the Baby Boomers without a problem is a falacy. And as for bankrupt that was your term and others, not mine. I merely pointed out that in order to support the Baby Boomers as well as future retirees in the current capacity there needs to be changes in the way we fund and/or pay out Social Security benefits. That is a reality that we cannot overlook.