unions killing jobs...

[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]

Originally Posted by Clip-Clop

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

better, worse or different?

[Riot]

Originally Posted by Clip-Clop

better, worse or different?

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

[Clip-Clop]

Originally Posted by Riot

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

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.

[Riot]

Originally Posted by Clip-Clop

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

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!

[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?

[Clip-Clop]

Originally Posted by Riot

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?

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.

[Riot]

Originally Posted by Clip-Clop

I never read last years predictions, since they were almost as irrelevant as this years to me.

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

[Clip-Clop]

Originally Posted by Riot

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

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

[Danzig]

Originally Posted by Riot

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?

ok, i'll bite...i have not seen hte new report, and i can't open it on my phone.
are these wonderful new and improved numbers based on the spending default deal they passed along with the debt ceiling increase? i am figuring it is, because it is the only new funding change that is going to happen unless the supercommittee comes up with other ideas.
and if it is, how do you feel about those numbers if it is based on a deal you derided?

[Riot]

Originally Posted by Danzig

ok, i'll bite...i have not seen hte new report, and i can't open it on my phone.
are these wonderful new and improved numbers based on the spending default deal they passed along with the debt ceiling increase? i am figuring it is, because it is the only new funding change that is going to happen unless the supercommittee comes up with other ideas.
and if it is, how do you feel about those numbers if it is based on a deal you derided?

No. It is just the usually regular readjustment prediction of the health of the Social Security funds, based upon most recent information. Just the regular, usual calculation on it's health and longevity.

[Danzig]

i will have to read that when i get home in ten days.