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Brown Cafe UPS Forum
UPS Union Issues
hall came to Earth City, MO hub today
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<blockquote data-quote="804brown" data-source="post: 868001" data-attributes="member: 29553"><p>Social Security is not a ponzi scheme. It works quite well actually. The only reason it will run into problems after 2036 is because the baby boomers retiring. Plus the fact that government borrowed all the surpluses from Social Security over the years; the program will be able to send out checks to all until 2036 and then if we do nothing can still pay out 75% of what they are owed til 2100. Not bad!!</p></blockquote><p></p>
[QUOTE="804brown, post: 868001, member: 29553"] Social Security is not a ponzi scheme. It works quite well actually. The only reason it will run into problems after 2036 is because the baby boomers retiring. Plus the fact that government borrowed all the surpluses from Social Security over the years; the program will be able to send out checks to all until 2036 and then if we do nothing can still pay out 75% of what they are owed til 2100. Not bad!! [/QUOTE]
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