we would have to raise taxes indefinitely or raise population indefinitely, neither of which seem very desirable.
You haven't actually supported this at all yet.
Well, if the current trend continues of the ratio of people receiving social security to the people paying in increasing, the only ways to prevent that from causing a deficit is to raise the payroll tax or reduce benefits. Of course we can also try to reverse the trend by either lowering the population that receives benefits(raising the age) or by increasing the population paying in(there are bunch of ways to do this but I don't like any of them).
Also I think the complete quote of mine is important:
For that matter I am not sure that unless benefits get pushed backto a later age, that we haven't created an unstable system where we would have to raise taxes indefinitely or raise population indefinitely, neither of which seem very desirable.
I claimed I am not sure that situation won't arise....not that its a certainty. I am not claiming social security as an unstable system as fact, just that I think its possible that it is an unstable system.
I apologize, 90% of the time I write on the Fora I am intoxicated.
Yakk wrote:The question the thought experiment I posted is aimed at answering: When falling in a black hole, do you see the entire universe's future history train-car into your ass, or not?