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Thank you We sneak and here's your shmoop du jour

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brought to you by future funding government appropriations for hoverboards

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and cool future funding for social security is threatened by

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what and hear the potential answers much roman numeral here

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baby bill tyree health care all right a chunk of

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the us government's budget goes toward no not american flags

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and fireworks entitlements which refers to any benefits that are

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guaranteed if we meet certain eligibility requirements as citizens Well

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social security for example is a government program that provides

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a monthly stipend for retired workers but that funding doesn't

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grow on trees unless we count paper for a paycheck

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in which case it technically does grow on trees But

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that's splitting logs Yeah all right is future funding for

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social security threatened by one the comparatively small size of

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the baby boom generation Well the baby boom generation which

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refers to people born between nineteen forty five in nineteen

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sixty for is actually quite large that's part of the

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problem As more and more of these baby boomers quit

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working and moved to florida social security has more retirees

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to support which puts downward pressure on the worker to

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retiree ratio think of it as a pyramid as more

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and more people retire the top of the pyramid gets

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larger and larger but the base isn't keeping up since

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today's working population is part of a smaller generation than

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the baby boomers retirement of those baby boom boom boomers

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will bring that ratio down of workers and retirees so

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the odds for the old are not in our favor

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Could future funding for social security be threatened by three

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The rising cost of health care Well the rising costs

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healthcare is definitely a problem but that affects medicare program

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that provides health care for the elderly not social security

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What about for the rising birthrate Well actually a rising

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birth rate would help to stabilize that worker The retiree

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ratio we mentioned earlier problem is the birth rate in

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the us dipped to an all time low in two

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thousand thirteen so sorry baby for just won't cut it

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So if the shrinking worker to retiree ratio is jeopardizing

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social security's future that makes be the correct answer At

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the end of world war two people were so excited

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about the conflict ends that they decided to celebrate by

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am asking the storks to bring him a whole bunch

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of new kids Which is what ignited the passionate fuse 00:02:29.778 --> [endTime] of the baby boom in the first place

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