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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (26384)2/25/2008 11:56:17 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 71588
 
"The programs [Social Security, etc.] could continue over centuries.

Possibly they might continue that long in an 'unaltered' state... and quite possibly they WOULD NOT.

But no financial projections for government programs over the expanse of CENTURIES can be considered to have much actual predictive validity.

Certainly none of the 'war costs' that I discussed were ever projected over anything near as long as 'centuries'... since the longest two line items I brought up were interest on the war debt - which is limited to the weighted average lifespan of the government bonds sold to incur it... and the legal requirement for extended medical care for severely wounded veterans - which is obviously limited by the human lifespan.

Nothing like 'centuries' involved in EITHER.