My usual Tuesday blog did not get done because my computer "puked" (that is Margaret's description when her computer crashes). It turns out it was a power distribution souce and we got it fixed. So happiness is to be plugged into the world.
Next, I'd like to thank all people who pay social security taxes for the 2.3% raise that all retirees start getting Jan.1, 2008. I don't want to appear ungrateful but as I watch the cost of food, energy and medical insurance rise, 2.3% seems a little light. But hey, it is 2.3% more than I am getting right now. So thank you.
In the corner of the newspaper yesterday was an article that disclosed the first "baby boomer" was going to start receiving social security on Jan. 1, 2008. Baby boomers technically were people that were born after World War II from Jan.1, 1946 to Dec. 31, 1968. As the soldiers returned from the War, there was an explosion of children and everything prospered. The first baby boomer to receive social security turns 62 at 12:01 AM on Jan. 1, 2008.
My brother Jerry Lee was born on Dec. 27, 1946. He was an early baby boomer. Ed Bumby from Ripon Foods was born in Dec. of 1946. It is amazing how those births were almost 9 months after their dads returned home from the war.
I mention the first baby boomers because it is the start of 80 million new additions to the social security rolls over the next 20 years. That means working people will have to support many more retirees than they are supporting now. It will strain the system. The whole system needs to be redesigned or it will crash from lack of sufficient funds. Nobody in the government wants to deal with it. Ah, what the hell, we will worry about that tomorrow.
So I guess I'd better retreat quietly into the night with my 2.3% Social Security raise. Thank you. Thank you. Thank you.
The lesson Grasshoppers is plan your own retirement. Social Security may or may not be there when you reach retirement years.
Love,
Dad
I understood the baby boom to be from '46 to '64 (same numbers reversed). Where did you find your end year of '68?
I understood the baby boom to be from '46 to '64 (same numbers reversed). Where did you find your end year of '68?
I understood the baby boom to be from '46 to '64 (same numbers reversed). Where did you find your end year of '68?