Thread: It's Official - Babyboomers Start Collecting Social Security
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Old 10-18-2007
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Re: It's Official - Babyboomers Start Collecting Social Security
Quote:
Originally Posted by jviehe View Post
Except there is no eventual rescue. At some point the services will be unsustainable. Our entire GDP will be given over to entitlements. At that point, there is no point in working, and GDP goes down making it worse.
Yeah, that 2% GDP hit is really going to wipe things out.
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