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

To: Raymond Duray who wrote (214618)	1/11/2005 10:13:07 AM
From: RetiredNow	Read Replies (1) \| Respond to of 1572508

Raymond, read the social security site link that I've posted at least 10 times. Are you calling the Social Security Administration actuaries liers? That is just silly and delusional. When they say at 2042, they will have to cut benefits to 70%, what they are saying is that ALL reserves will be gone. Therefore, they have to cut benefits to match inflows, because NO RESERVES ARE LEFT TO CONTINUE FULL BENEFITS. So if inflows are $7 and outflows are $10 in 2042, then they have to cut outflows to match inflows of $7. Again, Raymond, I ask you, what is it about basic math that you don't understand?