Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (213714)	12/21/2004 4:17:30 PM
From: Alighieri	Read Replies (1) \| Respond to of 1578505

How many people do YOU* think will be 65 or older 75 or 80 years from now? And for that matter, do you think $2,000 a month will be useful to those people?* You said 10 years, not 75 or 80 years from now. And you said nothing of what percentage of the working population that will be. 10 years from now, it certainly will not be close to 300M people. Mr Nobel Laureate...LOL Al

To: i-node who wrote (213714)	12/21/2004 4:51:23 PM
From: Road Walker	Read Replies (1) \| Respond to of 1578505

re: How many people do YOU* think will be 65 or older 75 or 80 years from now?* Jeez. It's not the hard number, it's the percentage of the population. Right now 65 and over are about 13%. The projection is that this will rise to 20% by 2030, and then stabilize going forward. We need to fund that balance. re: And for that matter, do you think $2,000 a month will be useful to those people You know nothing about finance or SS. The current benefit changes with wages adjustments. Those getting $2K today obviously will get more in "80 years", just as the income will go up from higher wages. And $2K is your invented number, most SS recepients get far less, many less than $700 a month. Try living on that. re: SS isn't close 100 years old yet and it is already massively broke. SS is running a surplus. The government that borrows from SS is massively broke. re: You and JF exemplify the combined talents of these geniuses who clearly never learned College Algebra. You exemplify the people who will tell any lie to further their political agenda. John BTW, there will probably be about 120 million over age 65 in 75-80 years, FWIW.