But when it was set up, understand that there were dozens of workers supporting one beneficiary and the retirement age was set at 65 back then when life expectancy was a little bit more than 61 years old. Now there's a retirement scheme that's going to work, but now that life expectancy, thank God, is closer to 80 and we haven't done much in terms of retirement age. It's completely unsustainable. And we have less than three workers supporting every person on Social Security. So it's, it's a program in trouble and unfortunately nobody's willing to to fix it. (17:19–17:28)
CLAIM
Asserts that life expectancy is now closer to 80, but the retirement age has not significantly changed.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
