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

To: i-node who wrote (213734)	12/21/2004 6:13:36 PM
From: Alighieri	Respond to of 1578704

I have no idea as I'm not an actuary, First statement you've made with which we can agree. Give it up...you don't know a fraction of what you purport to know. It's all cynical soap box oratory. Al

To: i-node who wrote (213734)	12/21/2004 6:33:39 PM
From: Road Walker	Read Replies (1) \| Respond to of 1578704

re: It is NOT going to "stablize going forward". People are living longer, and will continue to do so. "The growth rate of the older population is projected to slow after 2030, when the last Baby Boomers enter the ranks of the older population. From 2030 onward, the proportion age 65 and over will be relatively stable, at around 20 percent, even though the absolute number of people age 65 and over is projected to continue to grow. The oldest-old population is projected to grow rapidly after 2030, when the Baby Boomers move into this age group." agingstats.gov re: I've got more knowledge about finance in my little finger than you ever thought of having. The point of the $2K was to put forth an obviously minimum figure. Crap... you put it out as an actual number. You've demonstrated your little finger knowledge of finance. re: Today, the average retiree benefit is around $955/mo, with the average couple receiving around $1,600/mo. Far cry from your 300Million @ $3K. Did you finally take a moment to look up the numbers. re: This is a key point. And one you obviously can't comprehend, because I've explained it to you many times over the months. I completely comprehend your BS on the numbers. Why didn't you answer my question about GDP in 80 years? Did you not comprehend the significance or are you just trying to propagate more fear? re: I have no idea as I'm not an actuary, and even actuaries have a very difficult time factoring in the rate of medical process... Obviously not, with the 300 million WAG. Less than half... so that makes your numbers complete BS. Will you admit you are wrong? re: It doesn't matter. It doesn't change the scope of the problem which is tens of trillions of dollars. I don't purport to be describing details; I'm simply saying there IS a major problem and a person has to be ignorant or blind to miss it. There is a problem (as I have said countless times) and it's an easy fix, if you don't buy your "chicken little" argument. On the other hand, you propose adding substantial debt to the system; that isn't a fix, that's a disaster. Watch the dollar man, your boys are killing this country. We owe so much to Asia, we're pumping so much debt into the system, SS will be the least of our problems. Pay as you go is the ONLY way out of this mess. We can't afford frivolous and expensive new entitlements like private SS accounts. We're a bankrupt country with a record current accounts deficit. If you knew anything about finance, you would recognize we are in a heap of shit. More spending isn't going to cure anything. It's time to pay the bills (with taxes), or watch the country go down. John