Detailed text transcripts for TV channel - FOXNEWS - 20100209:16:47:00
Time with the baby boomers retiring, the population getting older, more people want the benefits, right? >> reporter: it cannot come -- it couldn't come at a worse time, at least 30 million people qualifying for social security in the next 20 years and fewer workers paying into the system to keep it solvent. in the early days of the program, you know, there were more than 60 workers per beneficiary but by 1960 it was down to five workers for every senior, by the 1980s, 3-1, and we're headed for 2-1. on top of that, people are living longer as well, so social security needs an overhaul, and jon...
Source: news source