CSPAN2 Book TV June 30, 2014
Me, 10,000 baby boomers will turn 65 today, 10,000 more tomorrow, the next day, the next day on the way up to the year 2030 which at that point we have two workers per retiree. We had 10, 20, 30, 40 workers. The math doesnt work. The people who run those programs know it and every year the issue a report, these are the actuaries and the number crunchers, they issue a report and they say hey, these programs are going to run out of money. 10, 15 years down the road but the longer you wait to address the problem, the deeper the hole gets and the more the burden of the solution is going to fall on...