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My dad worked for the FDNY starting in 1968 and had one. Almost every guy who left my job for one of the higher paying county PDs in my old area gets/will be getting a $100k+/year pension. I know some guys with rank where I worked who get a $100K+ pension.

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Yeah they fucked us. That's why I enjoy seeing them working past retirement age for insurance. I hope everything hurts all the time, and you'll be getting the cheap funeral.

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Government jobs are pretty much the only sector where that is possible, because of the power to tax.

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But it won't run out of money and 2090 is a long time off.

"But that wouldn't leave Social Security bankrupt and unable to pay any benefits. Even if Congress does nothing to shore up the system by 2034, Social Security will be able to pay out 79 percent of promised benefits until 2090. The last time Social Security nearly depleted its reserves was in the early 1980s, when Congress shored up the program by gradually increasing the full retirement age from 65 to 67 and started to tax benefits based on income levels."

https://www.aarp.org/retirement/social-security/info-2016/debunking-six-more-myths-about-social-security.html

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Is this nations wealth static or fluid? is it a zero sum game, or can new wealth be created?

If new wealth can be created, then nothing has been squandered.

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https://www.wnd.com/files/2015/05/Bill-Hillary-e1460417628399.jpeg

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There are far more 30 year old Millennials on public assistance today than there were 30 year old Baby Boomers on public assistance in 1976, and those enrolled in public assistance programs take much more per person than they did in 1976.  

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The single biggest employment sector in 1900 in the US was agriculture.  Today, it takes less than 2% of the labor force to enable everyone to be fat.  We moved to manufacturing, which reached it's peak during WWII, and for a period of a few decades Americans enjoyed stable employment.  Most people didn't really change jobs all that much, and what was considered "middle-class" was substantially poorer than what we consider middle-class today.  The average house was less than half the size of homes today, most families had 1 car, if they had a car.  A nice middle-class home had 1 main bathroom, and perhaps another small bathroom off the master.  You can still see these old middle-class homes, just ride through the poorer neighborhoods of larger towns.  But in even mid century there were still homes without indoor bathrooms in certain parts of the country.

People worked for one employer, and there were defined benefit plans (pensions).  So a person could work for 20 or 30 years and retire with a modest income guaranteed for life.   Which really wasn't that much longer after a typical retirement.

The Boomers came in on the tail end of all that.  Starting in the 80's employers moved away from the more expensive defined benefit plans, and replaced them with portable 401k's, which were defined contribution plans.  Salaries rose, and job stability diminished.  After WWII manufacturing jobs declined.  Technology and automation reduced the demand, and value of human labor.  That trends been going on for decades.  In the 80's and 90's we saw office automation reduce the need for many white collar jobs as well, and that trend continues.

Today most people are employed in the service sector.  None of this was the Boomers fault.

Social Security and medicare were flawed programs from the start.  No one is going to fix them until they have to.  Our political system is broken.  Lobbyist and Bureaucrats draft the laws, elected representative spend most of their time trying to raise campaign funding for reelection.  Our Republic is broken.  ...and no one is working to fix it.   Not the Boomers, not GenX, not the millennials, or GenZ who are starting to come of age.

No one is doing shit.

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LOL from the exact page you linked -
"2052, extended 20 years from last year's estimate of 2032, with 91 percent of benefits still payable."

So just by going by your article in 2052 they will be able to pay out 91% and that is if no changes are even made. BTW in 2090 it will still be able to pay out 79% of each dollar and that is if no changes are made. You going to be alive in 2090?

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Yes, I personally went out and spent 2.8 billion of your tax dollars on hookers and blow.

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Maybe but they sure fucked it with laws pertaining to feelings

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You're misunderstanding rate and stock.  The margin has been squandered, and the wealth creation rate has been suppressed.

The American electorate lacks the ability or integrity to create a government willing to declare and prosecute a "real war", or anything else.

Dumbasses vote.

The Dependent and Disability Pension Act was passed in 1890 making the 51st Congress the first Billion Dollar Congress.  If we weren't getting into all these wars, our bills would be much lower.

Whatever legitimate complaints my generation has against my parent's generation, my children's generation will have them worse against us.  But for many there will be no child generation.  White people are not having enough children.  You can't lower your birth rates, abort 23 million of your children, and let a population of 82.8 million mostly adult aliens live in your midst without causing some serious problems for the future.

IT'S THE BIRTHRATES.

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Boomers have raped and pillaged this country

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LBJ, and the rest of Congress that voted in the Great Society, Not Boomers, FDR, and Congress that voted in Social Security, Not Boomers. President Nixon and the Congress that took us off the Gold Standard and let the dollar free float......not Boomers.

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ETA: Crying bitches...........life is what you make it.
Always has been.

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There are far more 30 year old Millennials on public assistance today than there were 30 year old Baby Boomers on public assistance in 1976, and those enrolled in public assistance programs take much more per person than they did in 1976.  

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We could be brothers.
You get it, I get it, and a lot of other successful people here get it.

But there are lots of losers here, just looking for excuses.  
Funny thing is, the anger and envy displayed here, is just a drop in the bucket compared to the hordes of Morlocks on the street.
Here on Arfcom, we are generally educated and conservative.  The average American isn't.

go be a teacher the boomers will retire in droves

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No, The Greatest Generation did.

Roosevelt, Truman, Kennedy, Johnson, all elected by The Greatest Generation.

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LBJ, and the rest of Congress that voted in the Great Society, Not Boomers, FDR, and Congress that voted in Social Security, Not Boomers. President Nixon and the Congress that took us off the Gold Standard and let the dollar free float......not Boomers.

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Would you like some stats from other sources such as fool, fox news, Forbes, or market watch? I can provide them.

The sky is not falling.

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The single biggest employment sector in 1900 in the US was agriculture.  Today, it takes less than 2% of the labor force to enable everyone to be fat.  We moved to manufacturing, which reached it's peak during WWII, and for a period of a few decades Americans enjoyed stable employment.  Most people didn't really change jobs all that much, and what was considered "middle-class" was substantially poorer than what we consider middle-class today.  The average house was less than half the size of homes today, most families had 1 car, if they had a car.  A nice middle-class home had 1 main bathroom, and perhaps another small bathroom off the master.  You can still see these old middle-class homes, just ride through the poorer neighborhoods of larger towns.  But in even mid century there were still homes without indoor bathrooms in certain parts of the country.

People worked for one employer, and there were defined benefit plans (pensions).  So a person could work for 20 or 30 years and retire with a modest income guaranteed for life.   Which really wasn't that much longer after a typical retirement.

The Boomers came in on the tail end of all that.  Starting in the 80's employers moved away from the more expensive defined benefit plans, and replaced them with portable 401k's, which were defined contribution plans.  Salaries rose, and job stability diminished.  After WWII manufacturing jobs declined.  Technology and automation reduced the demand, and value of human labor.  That trends been going on for decades.  In the 80's and 90's we saw office automation reduce the need for many white collar jobs as well, and that trend continues.

Today most people are employed in the service sector.  None of this was the Boomers fault.

Social Security and medicare were flawed programs from the start.  No one is going to fix them until they have to.  Our political system is broken.  Lobbyist and Bureaucrats draft the laws, elected representative spend most of their time trying to raise campaign funding for reelection.  Our Republic is broken.  ...and no one is working to fix it.   Not the Boomers, not GenX, not the millennials, or GenZ who are starting to come of age.

No one is doing shit.

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It's clear that you don't even understand what you are trying to argue. It's like arguing music with a deaf person. That you keep bringing up sources which include the fictitious SS trust fund only show that you are google searching articles that you don't even understand.

SS & Medicare are eating up the budget. In order to fund them at what they were promised large tax increases are needed, or benefits will have to shrink massively. We aren't even properly funding our current expenditures, never mind future ones.

https://www.pewresearch.org/wp-content/uploads/2017/04/FT_17.04.03_budget_420px.png
https://www.gao.gov/cg/2004/fiscalimb/img8.jpg