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BodhiSATtva
BodhiSATtva@primal.net
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Observe and Record
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BodhiSATtva 2 weeks ago
"For Boomers who were told “the money is yours and will be there,” the reality is that benefits always depended on the willingness and ability of younger workers to pay higher taxes or accept lower real wages. There was never a locked box with your contributions earning market returns. It was always a “chain letter” whose viability rested on perpetual growth in the contributor base—an assumption demographics have falsified."