unions killing jobs...

[Clip-Clop]

Originally Posted by Riot

Wall Street used to make money on supporting growing businesses, identifying promising new companies as a moneymaking opportunity. The individual with a retirement account could join in this.

Now, Wall Street could care less about if a company survives, they just want to be on the right position side of the growth or crash. Nobody cares what happens to the investors little funds and retirement.

"So sorry, 1/3 of your retirement accounts are gone. Too bad! That's risk for you!"

Better than all of it like SS. Oh wait that one will be fine...

[Riot]

Originally Posted by Clip-Clop

Better than all of it like SS. Oh wait that one will be fine...

How's that kool aid tasting to you?

[Clip-Clop]

Originally Posted by Riot

How's that kool aid tasting to you?

You keep serving up that 2037 solvent drink mixer...

[Riot]

Originally Posted by Clip-Clop

You keep serving up that 2037 solvent drink mixer...

You could provide the financials that shows how wrong that is ...

... oh, wait. CBO just came out with something new on that this week.

Tell us, what did that say?

[Clip-Clop]

Originally Posted by Riot

You could provide the financials that shows how wrong that is ...

... oh, wait. CBO just came out with something new on that this week.

Tell us, what did that say?

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?

[Riot]

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?

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?

[Clip-Clop]

Originally Posted by Riot

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?

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

[Clip-Clop]

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?

[Riot]

Originally Posted by Clip-Clop

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?

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?