Re: OT:Is Obama as entrenched with the radical left as it appears?

In article <znu-6E0A98.11270012062008@xxxxxxxxxxxxxxxxxxx>,
ZnU <znu@xxxxxxxxxxxx> wrote:

In article <trollkiller-BBCC64.08223612062008@xxxxxxxxxxxxxxxxxxxxxx>,
Steve Carroll <trollkiller@xxxxxx> wrote:

In article <znu-74342E.15565610062008@xxxxxxxxxxxxxxxxxxx>,
ZnU <znu@xxxxxxxxxxxx> wrote:

In article
<trollkiller-38DB29.10474810062008@xxxxxxxxxxxxxxxxxxxxxx>,
Steve Carroll <trollkiller@xxxxxx> wrote:

In article <znu-2ADCF3.12012310062008@xxxxxxxxxxxxxxxxxxx>,
ZnU <znu@xxxxxxxxxxxx> wrote:

[snip]

to make up for the fact that the retired population will, as
boomers retire more and more, be larger relative to the size of
the labor force. People on the right like to pretend there's
some sort of "social security crisis", because they'd like to
use that as an excuse to get rid of it. But there's not.

People on any side (right or left) should reasonably address the
fact that during WWII there were ~16 workers for every retiree,
currently there are 3.3, a kid entering the work force today will
see 2 by the time he turns 65. No matter how rosy you'll try to
spin it, this system obviously has a problem.

Sure. But this isn't unique to social security.

Of course it is.

*Any* system would have exactly the same problem.

Bull.

Even if we totally eliminated government payments to retirees, and
people actually started properly saving and investing for
retirement (good luck with that), you'd still only have 3.3 workers
supporting each retiree.

Someone needs helps understanding the investment market...

Yes. You. You need to understand that taking all the money currently
being paid into the social security system and investing it instead
wouldn't produce massive economic growth

Which doesn't, in any way, address your claim that any system would have
exactly the same problem with respect to the ratio I mentioned.

-- which is what it would have
to do for things to work the way you claim they would.

What "way" did I claim??

The notion that it would produce such growth appears to be predicated
on the notion that when money is paid into the social security system it
is removed from the economy until such time as it's paid back out to
whomever paid it in. But this isn't how the system works.

You do realize that SS is essentially a 'pay as you go' system, right?

--
"Apple is pushing how green this is - but it [Macbook Air] is
clearly disposable... when the battery dies you can pretty much
just throw it away". - Snit
.

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