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Seriously? Just stop making any pretense that your opinion about the law is remotely based upon any fact or objective observation regarding it's content. Quote:
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Social Security has been a success because we've run up against financial shortfall projections many, many times before, and we do tweek and fix them. The proof is there. Our success is there. We have never missed a Social Security payment. It is one of the most successful social programs ever created. We know the population, the amount of taxes taken in, changes over time, that why it's looked at regularly. This is just another one of those times, but we're not even really there yet - we have years. Quote:
The facts remain, the "outgoing current" with zero tweeks is 100% okay until 1937, then will continue to deliver 78% of current benefits for decades after that at current projections. Quote:
This sentence makes it clear you haven't looked even superficially at the long-term Social Security financing projections, based upon adjustments now and planned adjustments in the future, because the problem is due primarily to the baby boomer bubble (and was accurately predicted about 20 years ago), and the increasing population smooths out after that. There is no "can kicked down the road". We have always made the best adjustments we have to the next 50 years or so, based upon projected populations. The fact that determining something now based upon future projections doesn't last for 100 years doesn't indicate any flaw in the system at all. It indicates responsibility and planning for the future, that we do these very projections! That's why we look at this repeatedly over the past, and have adjusted it repeatedly over the past! Quote:
And again, Social Security is strong, Medicare is not. Medicare is a problem (actually Medicaid more so), not Social Security. That's just the right's continuing battle cry to try and privatize it. Glad it wasn't privatized by Wall Street since 2008, or on Friday, where would have lost huge percentages of it's value like private 401K's and other retirement plans did. Instead, our Social Security funds have weathered that storm.
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts Last edited by Riot : 08-13-2011 at 01:41 PM. |
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