tag:blogger.com,1999:blog-8591018003444406729.post3027686777590223626..comments2023-10-25T06:13:28.265-04:00Comments on The Conservative Wahoo: Even a Blind Squirrel Finds an Acorn Now and ThenThe Conservative Wahoohttp://www.blogger.com/profile/17818674434286683162noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8591018003444406729.post-1423792770529678052012-07-30T12:11:29.732-04:002012-07-30T12:11:29.732-04:00What amazes me is the realization that "this ...What amazes me is the realization that "this is really happening." I've known the entitlements were going to outpace income since junior high.<br /><br />As a proud Gen Xer, my earliest recollection (circa the 1980 Reagan election) of being in a 'generation' was seeing the demographic bulge of the boomers ahead of us - and knowing that the early 32:1 worker to SS recipient ratio had declined to 3:1 by 1980 and was heading to less than 2:1 - and they were living longer. The fund was estimated to be exhausted right about the time I'd hit retirement. Perfect.<br /><br />Demographers Howe and Strauss captured this very well in their 1992 book "13th Gen: Abort, Retry, Fail, Ignore?" - this "Hey, the math just doesn't work on this program" realization may be one of the few things we have in common.NavyAustinnoreply@blogger.com