The recession has sharply reduced the number of workers making payments into the trust fund, while jobless early-wave baby-boomers, now passing the minimum benefits age of 62 in increasing numbers, may have had little choice but to begin drawing social security early once their unemployment benefits ran out.
It is also not surprising that baby-boomers would choose to take retirement early, he notes.
Nevertheless, if more baby-boomers choose early retirement than expected, the social security trust fund will in fact benefit over the longer term.
Today, that same generation of baby-boomers
who pioneered postmodern rebellion and then institutionalised it, who insisted religion was irrelevant, are confounded by this intensifying Muslim threat to their once-forbidden-but-now-accepted fruits--secularism, amoral social engineering, radical feminism, abortion, pornography, homosexuality, same-sex "marriage," euthanasia and generalised decadence.
More aggressive, younger investors and late-to-the-party baby-boomers
trying to catch up are driving fund flows," the report said.