>The pay-go pension system is a huge ponzi scheme because it needs more and more people into the game with each generation.
Depends on the ratio of the people paying in to the payout. Social Security would be pretty easy to fix by reducing the payout a bit and raising the tax a bit. The big problem, of course, is Medicare, and I expect that's why a single payer plan is inevitable in the US.
These programs have problems as currently constituted, but they're fixable even if the population isn't growing. However, whatever problems we have will be exacerbated if the number of people working is actually falling.
Depends on the ratio of the people paying in to the payout. Social Security would be pretty easy to fix by reducing the payout a bit and raising the tax a bit. The big problem, of course, is Medicare, and I expect that's why a single payer plan is inevitable in the US.
These programs have problems as currently constituted, but they're fixable even if the population isn't growing. However, whatever problems we have will be exacerbated if the number of people working is actually falling.