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Bollweevil
Join Date: Dec 2003
Location: Fulshear, Texanistan
Posts: 3,363
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This article in a recent New Yorker explains the problem very well. It uses GM as an example but the same logic applies to Social Security and any other defined benefit system. To many dependents supported by to few workers will eventually bring the house down.
http://www.newyorker.com/fact/content/articles/060828fa_fact
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Jack
74 911 Coupe
2.7L - K21 Option - S suspension
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