Quote:
Originally Posted by Clip-Clop
Source: Congressional Budget Office.
Note: The dark lines indicate CBO’s projections of expected outcomes. In those projections, annual Social Security outlays exceed revenues
starting in 2019, and scheduled benefits cannot be paid beginning in 2053. Shaded areas indicate the 80 percent range of uncertainty
around each projection. (In other words, there is a 10 percent chance that actual values will be above that range, a 10 percent chance
that they will be below it, and an 80 percent chance that they will fall within the range. Those uncertainty ranges are based on a distribution
of 500 simulations from CBO’s long-term model.)
That paper? Did you read the WHOLE thing or just what suits you?
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I not only read the whole thing, but I can compare that to the current situation, and I know the difference.
Do you?
Can you relate what the above actually means? I'll make it easy for you: is it better, worse, or the same as what was predicted last year?