However, as more members of the baby-boom generation (that is, people born between 1946 and 1964) enter retirement, outlays will increase relative to the size of the economy, whereas tax revenues will remain at an almost constant share of the economy. As a result, the shortfall will begin to grow around 2017.

Or this one?

Was from 2004 guessing you didn't read much after all.

Crack? PCP?

do you cry yourself to sleep every night wondering why you have to live in this horrible country where tens of millions work for evil corporations?

I'm sorry, you are just quoting words, without any apparent understanding of the meaning.

Look at the CBO report released this week. Is that CBO prediction for SS better, worse or the same as what was predicted last year?

better, worse or different?

I said I read the current CBO report for this week. I didn't say I read the random words you are posting here.

Try to keep up!

are you talking about the one where it said SS payments wont have to be reduced until 2038 instead of 2037?

yeah, huge reason to celebrate, moron.

I never read last years predictions, since they were almost as irrelevant as this years to me. At 36 years old I know better than to believe there will be anything left for me, I am simply amazed that is not obvious to anyone else. Based on what I am currently reading, if these projections are BETTER than last years it is amazing it hasn't gone under already. If this were a private company they would have moved overseas many years ago.

Now you are just answering yourself.

When you actually learn something about Social Security, something more than cutting and pasting random words you find via google, then come on back and we can talk about the solvency of the system :rolleyes:

"In calendar year 2010, for the first time since the enactment of the Social Security Amendments of 1983, annual outlays for the program exceeded annual revenues excluding interest credited to the trust funds. CBO projects that the gap will continue: Over the next five years, outlays will be about 5 percent greater than such revenues. However, as more members of the baby-boom generation (that is, people born between 1946 and 1964) enter retirement, outlays will increase relative to the size of the economy, whereas tax revenues will remain at an almost constant share of the economy. As a result, the shortfall will begin to grow around 2017.

CBO projects that the DI trust fund will be exhausted in 2017 and that the OASI trust fund will be exhausted in 2040. Once a trust fund's balance has fallen to zero and current revenues are insufficient to cover the benefits that are specified in law, the corresponding program will be unable to pay full benefits without changes in law. The DI trust fund came close to exhaustion in 1994, but that outcome was prevented by legislation that redirected revenues from the OASI trust fund to the DI trust fund. In part because of that experience, it is a common analytical convention to consider the DI and OASI trust funds as combined. CBO projects that, if legislation to shift resources from the OASI trust fund to the DI trust fund was enacted, the combined OASDI trust funds would be exhausted in 2038."

Yup that one...makes ya feel all warm and fuzzy.

Yes, well, commenting on a subject you can't even find relevant, thus know nothing about, explains alot about your odd views of reality.

Take a math class, stop cheating on your taxes and please stop name calling, it is childish and makes you seem like you have nothing to stand on...never mind.

Short quoting out of context is the grown up thing to do.

Well, I suppose that when it's revealed you are clueless, you resorting to calling names and making lying accusations is better than crying and running away.

Maybe this is why you should go back to limiting yourself to responding with short-sentence learned talking points.

Proof?
I am from NJ, "excellent acct" is code for cheats on taxes. Toughen up.

Math and logic are ignored. Math always, logic often.

I am from Chicago, and "excellent accountant" is code for having an excellent accountant that helps you with tax planning.

Are you still a whoring wife beater? Oh, wait - do we have to stick to reality? Or can we just, you know, say whatever the hell we want about other posters?

You know, any time you'd like to debate things, like inflation, or taxes, or social security - just come on down to politics. Looking at what you've posted here, seems you are far more interested in only posting superficial one-liners.

ignorance, apathy, or lack of intelligence? follow one side blindly (dems) and never think for yourself.

We don't need those pinko unions preying off the non-union populace anymore.

I have tried to debate politics with you, you live in a dream world where the gov't can fix everything for everyone just by turning over successful people and shaking out the $. Not too mention your regular contention that all other countries are better than mine.
I disagree and have become frustrated with the process. I quit again, congratulation you have berated your way to victory with more rambling and insistence that any argument presented be passed on and ignored in lieu of something else. Well played.