"Super-Aged" population a challenge for Hawaii

[Durian Fiend]

What seems left out of his presentation is whether or not they foresaw the dramatic birth rate decline 

We spend far more money on the military than on social security.  No one sees a war coming (a comparison to not seeing a drop in the birth rate).  But yet we spend money on a war.  What happens afterward?  We generally raise taxes to pay for it.  No one calls that a Ponzi scheme.
We could raise the tax rate to pay for social security.  A fund which people have actually paid into in advance, so they get THEIR OWN MONEY BACK after they retire.

The military doesn't turn a profit.  Much of what is built never gets used.  Maybe it's the military with billion dollar cost overruns that's the Ponzi scheme?

The reason talking heads pick on social security is because they can't make a profit off retired people.  They make big bucks from their investments in the military industrial complex.  So they won't bite the hand that feeds them.

Excellent points.  I actually don't think the birthrate is super important because the US population growth rate has been fairly steady since 1980, if not growing a tiny bit.  Of course, population added via immigration, whether it's at a state or national level, will create a different (and somewhat older) demographic than a steady birthrate would.