July 23, 2014

National Fiscal Crisis: “Demand Realistic Solutions from Politicians” Rotarians Told Wednesday

April 6, 2012
County 10

Excerpt

“We can’t get there unless we deal with entitlements because of the demographics,” Hansen said. Using a PowerPoint slide to illustrate his point, Hansen said in 1960 there were five people paying into Social Security for every one person receiving benefits. Today, that ratio has slipped to 3 to 1 and, by 2029 it will be 2 to 1.