The Generational Equity Scam

As an US citizen from the baby boomer generation I was very much worried about the facilities I may receive through Social Security and Medicare after my retirement. The current generational equity pays the current retired more than what is being contributed by them when they were working towards these schemes. And the more worrying part about the generational equity is that we the current contributors may get less that what we are contributing now to the social security system. This extended spending of the current retired or aged citizens is taking its toll on the expenditure of the children and young adults. With more of privatization of the social security system the current generation is bound to loose its generational equity.