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


To: Road Walker who wrote (483914)5/28/2009 1:37:52 PM
From: longnshort  Respond to of 1574004
 
the future.

youtube.com

h/t cheekykid



To: Road Walker who wrote (483914)5/28/2009 1:38:57 PM
From: HPilot  Read Replies (1) | Respond to of 1574004
 
The way it was designed.

Yes, a big ponzi scheme.



To: Road Walker who wrote (483914)5/28/2009 1:47:16 PM
From: i-node  Read Replies (2) | Respond to of 1574004
 
>> The way it was designed.

Actually, this is not true.

The original design of SS was specifically referred to by FDR as "actuarially sound". SS is not, and has not been for years, "actuarilly sound". But it was when it was originally implemented.

The problem with SS and MC is the same as with all social programs -- they become third rails, and can be modified in only one way -- by increasing taxes, never cutting benefits.

It is the reason that SS was destined to fail. And it one reason (of many) that single-payer health care is, as well.



To: Road Walker who wrote (483914)5/28/2009 3:47:38 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1574004
 
RW, > The way it was designed.

... back when the worker-to-retiree ratio was on the order of 10:1.

Can't wait until the "most successful government program in history" sustains itself by hiking taxes on income above $250K by 12.5 percentage points.

Tenchusatsu