I am seriously thinking about leaving the US due to the looming financial mess on the horizon. I'm a 25 year old professional, and with the baby boomers retiring soon Social Security and Medicare will become enormous burdens on the fewer workers who remain in the workforce (i.e., me) to pay taxes. The only ways to balance the budget, that I see, are through higher taxes on my wages, or a devaluation of the dollar. Either way my standard of living will take a hit. So, I'm thinking of getting out now- before the music stops and the party crashes- and establishing a new life overseas in a country with more stable prospects. Why should I stay here and work hard and pay taxes to fund other people's retirements when those programs won't be around when I need them? My generation is going to have to pay for the promises made to the baby boomer generation- pensions, etc.- but companies no longer offer pensions for us. So what about leaving the country before the train wrecks?
2006-10-16
09:24:56
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9 answers
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asked by
Cardinal Rule
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