unions killing jobs...

[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.

[Cannon Shell]

http://online.wsj.com/article/SB1000...p_mostpop_read

[Danzig]

i read that article yesterday evening when i got to the hotel....thought it was interesting.