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Yakk · 09-21-2004, 12:04 PM

SS really has to be a revolving door.

Think about what money is. It isn't valueable, it just signifies value.

If half of the money in the USA was tied up in social security, the same amount of goods would still be produced and consumed.

When you tried to take the money out, you'd end up with way more money and no more goods. The price of goods would inflate massively.

We don't stockpile food, cars or anything else for 20 years. You can't stockpile large piles of money for 20 years and expect it to 'work' well.

Society will be paying for the lifestyle of the non-productive elderly in 20 years whether or not SS is balanced right now. The question is, will productivety rise fast enough that we can generate the wealth required to support them, and will the youth be happy with supporting them at the standards they will be happy with?

09-21-2004, 12:04 PM	#14 (permalink)
Yakk Wehret Den Anfängen! Location: Ontario, Canada	SS really has to be a revolving door. Think about what money is. It isn't valueable, it just signifies value. If half of the money in the USA was tied up in social security, the same amount of goods would still be produced and consumed. When you tried to take the money out, you'd end up with way more money and no more goods. The price of goods would inflate massively. We don't stockpile food, cars or anything else for 20 years. You can't stockpile large piles of money for 20 years and expect it to 'work' well. Society will be paying for the lifestyle of the non-productive elderly in 20 years whether or not SS is balanced right now. The question is, will productivety rise fast enough that we can generate the wealth required to support them, and will the youth be happy with supporting them at the standards they will be happy with? __________________ Last edited by JHVH : 10-29-4004 BC at 09:00 PM. Reason: Time for a rest.