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From: jdnicoll@panix.com (James Nicoll)
Newsgroups: rec.arts.sf.written
Subject: Re: the future long term financial apocalypse of the USA
Date: Tue, 14 May 2024 16:00:11 -0000 (UTC)
Organization: Public Access Networks Corp.
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In article <s8v64j1kojpfbumdqvfch8c5dt6pv5hu60@4ax.com>,
Paul S Person  <psperson@old.netcom.invalid> wrote:
>On Mon, 13 May 2024 12:29:17 -0700, The Horny Goat <lcraver@home.ca>
>wrote:
>
>>On Sat, 11 May 2024 08:53:23 -0700, Paul S Person
>><psperson@old.netcom.invalid> wrote:
>>
>>>You do realize that, when Social Security started, the average life
>>>expectancy was such that those eligible for it were "locked into life
>>>long slavery to the state", right?
>>>
>>When Otto von Bismarck invented the old age pension the average male
>>life expectancy was 69 so on average pensioners lasted 4 years.
>>Obviously life expectancy is much longer now.
>
>Exactly. As health and longevity improve, retirement age must rise to
>keep the finances under control. Which means people must work longer.
>Which is very ... tiresome.

This is a solved problem. Expected American lifespan dropped from 79
in 2019 to 76 in 2021. Since trends can be extended without limit, 
it follows that US lifespans will keep dropping by a year per year
until 2098, when it reach be zero. 


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