Social Security: Each Retiree Was Supported by
42 Workers in 1945 & Just 3 Workers in 2009
Supporting Workers per Social Security Beneficiary, 1945 — 2030E
—> Forecast
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Supporting Workers per Beneficiary
T T T T T T T T T T T T T T T T T T 1945 1955 1965 1975 1985 1995 2005 2015E 2025E
KP Source: Social Security Administration. i USA Inc. | Income Statement Drilldown 135
Think About That...
lf you are a worker in USA, Inc. (as 81 million tax-paying
Americans are), in effect, you have 5 times more ‘dependents” than your parents had and 15 times more than your grandparents.
1 Note: * Dependents’ = retirees who receive Social Security benefits primarily funded via payroll taxes on current working population. ESA sa nerpce.com USA Inc. | Income Statement Drilldown 136
HOUSE_OVERSIGHT_020909