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Business and Industries Discuss things going on in the corporate world, individual companies and corporate practices.

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Old 11-19-2006, 11:09 AM   #91 (permalink)
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1. Absolutely! That's a good share of what happened to the USSR. Also, I'm not saying that that CANNOT be happening in America right now.

2. I think that we baby-boomers are going to have to deal with the fact that the "coming" retirement age is no longer going to be 65. 70 is more likely - and necessary. Years ago, when the retirement age was set at 65, very few men lived to be 65 - and certainly not much more than that. Now we consider a person YOUNG if they're not at least 80 when they die. People are not living MUCH longer, and our Social Security System was never set up to handle that.
1. The US carrying too much debt scares me more than any potential terrorist plot against us, for it means we crumble from within.

2. I agree that Social Security was not intended for such long lifespans, so it stands to reason that we need to adjust the retirement age, among other things as yet to be determined.
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Old 11-19-2006, 09:30 PM   #92 (permalink)
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Originally Posted by chrisg967 View Post
1. The US carrying too much debt scares me more than any potential terrorist plot against us, for it means we crumble from within.

2. I agree that Social Security was not intended for such long lifespans, so it stands to reason that we need to adjust the retirement age, among other things as yet to be determined.
You know... nobody knows for sure how much national debt is "too much". Not me, not you - and not the "Chicken Little" guys on this forum.
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