OpinionJournal – Outside the Box
Excellent article about the up-coming cliff of Social Security benefits. Basically it boils down to what Italy is facing now — too many retirees and not enough workers.
If we continue to see a migration of high-paying workers to low-cost geographies, the problem may come to haunt us ealier than Du Pont states. If everyone has a McJob, the amount being paid into Social Security decreases, no?