Camusapprentice - people like you scare me. The inevitable failure of social security has nothing to do with a lack of socialist tendencies (in fact, Bush W has rampantly gone towards socialism, just look at what he's doing now.)
Like this post explains (good post btw) - the inevitable failure in social security is that it's a pyramid scheme. At the time it was concocted, the American population growth was booming...and had it continued to boom, SS would remain solvent. But in the post baby-boomers period, the growth in American population declined, and therefore you have a situation where there are more people taking out of SS than you do putting into SS, which is issue #1. Issue #2 is that people live longer today, which means they're collecting SS for longer periods of time...again...crippling the pyramid scheme.
Like this post explains (good post btw) - the inevitable failure in social security is that it's a pyramid scheme. At the time it was concocted, the American population growth was booming...and had it continued to boom, SS would remain solvent. But in the post baby-boomers period, the growth in American population declined, and therefore you have a situation where there are more people taking out of SS than you do putting into SS, which is issue #1. Issue #2 is that people live longer today, which means they're collecting SS for longer periods of time...again...crippling the pyramid scheme.