everyone gets what they have been promised, but new workers no longer have to pay into the system. they'll only get a bond proportional to what they've paid in.

couple of decades later, all the bonds will have come to term and the whole problem is solved.

The elderly can be cared for by friends and relatives. Failing that, they probably would end up in low-paying positions and low income housing. With their higher than average medical costs, they would most likely die younger.

no real need for that. with the bond conversion idea the elderly still get their money. but young workers are going to have to learn to make significant retirement savings.

If you arent doing that already you're in for a rude surprise

the whole process of weaning society off social security will probably take 30-35 years, but it'll be much less painful.

And what of people who cannot afford living expenses or health care in advanced age?

Then they get help or they die.

charity and family.

Will the electorate accept the elderly dying for lack of money?

Hmm? Probably. Once the electorate is younger.

I think Penn Jillette had a good line here: "If you want to help people, then help them"

I mean I keep hearing that what has to happen to make the country better is that "the old racists need to die off"

if you personally feel that there are elderly people who need financial help, then help them

that's compassion

I do but I can't help everyone

So you would make other people help everyone.

no one is expecting you to

and that's a noble thing. but using the force of government to redistribute wealth is not noble.

And in a world as you described I need to think of my own retirement

Yes. Start saving.

do you not do that already?

I already have a fairly healthy IRA.

Oh, I have

Social security cant possibly cover all living expenses

Like I said, the Brazil bubble was very nice to me

but if you helped one person, and everyone else did the same, we'd run out of charity cases

Among other things

Boeing stock

If Boeing tanks I'm sunk

Oh, shoot, I need to move more of the IRA into foreign stocks to take advantage of growing Brazilian economy, you're right.

You might wanna get out of boeing slowly

Their 737 prototype had a major incident thats not boding well

Boeing is still behind much of the surveillance tech that will make for a secure border

Boeing is a leader in border tech

So go Trump go :p

How has your IRA growth been in the past 2 years?

Mine's been *pretty* good.

Nice until the trade war bullshit

The best thing for my IRA was the fact I carried a lot of cash in 2007 and dropped it in the market in 2010. Obama was better for me than Trump by far.

So far at least. If only Trump would be disabused of destroying the trade economy.