Les Jones

Social Security > Ratio of Workers to Soc. Sec. Recipients on the Decline

Ross Perot is back, and this time he knows HTML. I especially liked this chart, which illustrates the challenges in keeping Social Security solvent:

So in 1960 you've got four workers supporting each person on Social Security. Currently that ratio is down to 3 to 1. If current demographic trends continue by 2032 there will only be two workers for each Social Security recipient.

That ratio isn't sustainable. Something's gotta give. What makes it worse is what isn't shown - Medicare/Medicaid. Those are uncapped entitlement programs with much higher combined liabilities than Social Security.