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as you go systems. but they need to moderate them or calibrate them so the burden does not become so heavy on the working-age population that it overwhelms their ability to realize some economic prosperity. the issue today, the reason we have been cutting the payroll tax is because we think it's cutting back on consumption and job creation. the tax today, the combined tax on employees and employers for social security is 12.4% of payroll. if we try to deliver on benefits that are in current law by the time the baby boomers get fully retired in 2030, that will have to go up to 17%. if 12.4% is too high today, what makes us believe that 17% won't be too high down the road for these individuals, the people in your prior segment who aren't being properly educated, are

Burden , Go-systems , Working-age-population , Reason , Issue , Prosperity , Ability , Payroll-tax , Tax , Job-creation , Consumption , Cutting