Quote:
Originally Posted by Caymus
|
Life expectancy at birth is affected by infant mortality, which has dropped significantly as time has progressed.
Social Security’s financing issues are the result of failure to adjust FICA rates in the 1990s, and subsequent years. In 2000 the Social Security trust funds were so well funded they were on a track to own the entire US national debt by 2010. Then 9/11 happened, the War On Terror spending, with no taxes to pay for it, happened, and the baby bust of the mid 1990s continued and accelerated. Bad decisions and grim statistics.