Guest post today on Spin Sucks from Molli Megasko. Molli writes about how people have stereotypes about Millenials and often times those stereotypes are wrong and stupid. Makes sense to me. I am a Millenial and I’ve seen this dynamic at work in various places, if never actually at a work site.
Here’s where we run into trouble:
I’ve been pretty pissed off about this recently and finally felt empowered when I saw this quote posted on the Newera Social Marketing Facebook page:
I’m part of that generation known as Millennials, and even if we don’t know whether social security will be around when we retire, or if we’ll be able to retire, or if we’ll even have jobs to consider retiring [from], we know this: We are hustlers.
– Taken from a Good Culture post titled What Generation Overshare Can Learn from Biggie.
After 2020, Treasury will redeem trust fund assets in amounts that exceed interest earnings until exhaustion of trust fund reserves in 2033, three years earlier than projected last year. Thereafter, tax income would be sufficient to pay only about three-quarters of scheduled benefits through 2086.
Or put another way: Social Security, if we do nothing, will still be able to pay out three-quarters of its benefits by the time Ms. Megasko is 102. And no, I did not miss the irony of this comment being approvingly quoted on a blog called ‘Spin Sucks.’