>>55
The greatest generation gets old and votes for social security to pay for their retirement and in return they get $200000 during their retirement.
The baby boomers have to pay around $200000 per person in extra taxes to pay for the greatest generation's retirement but in return they are promised $400000 when they get old.
Generation X have to pay $400000 to pay for Generation X's retirement, in return they are promised $800000
Generation Y has to pay $800000 to pay for Generation X but in return they are promised $1600000
Whatever happened to people putting some of their money into a bank account and simply not spending it until they retired?