LOL.... like you would disagree with your loverboy.... As we stated, his 'tweaks' involve raising taxes to cover the higher payouts that will be needed etc... He knows the problem is real, he just wants to downplay it so that people will stop talking about privatization. His opinion is not based on economics in this case, it is based on ideology. So his Nobel prize in Economics and his books on Economics are irrelevant when he trumps economics with ideology.
Obama likes the doughnut hole approach on social security. nothing between 100-200k then starts back up.
Oh that's right.
No wonder SF is freaking out.
Ha ha, won't effect me!![]()
You have no idea what his opinion is based on, so stop talking shit. Like your non-nobel prize winning, non-Princeton, non academic book writing, opinion is based on anything other than your jackass ideology. Get real.
Of course you would assume that a economist of his caliber bases his conclusions on the same horseshit you base yours on. Talk about hubris.
And Reagan raised taxes on SS jackass, if we have to do it again, too bad. you guys licked it up and asked for more when one of your own did it.
Oh that's right.
No wonder SF is freaking out.
Ha ha, won't effect me!![]()
LMAO.... there ya go getting all emotional again...
My opinion is based on basic fundamentals of MATH and economics. One does not have to write books on economics to understand economics. One most certainly does not have to go to or teach at an Ivy league school to understand economics.
Again, Krugman understands economics. But he is snowing people like you with his 'there is no problem here, do NOT look behind the curtain' bullshit on SS.
Robbing Peter to pay Paul does not work.... eventually that scheme blows up. Just ask Madoffs investors. For SS, unless you have constant numbers in the workforce and in retirement with constant returns on the money invested, with a stable average life expectancy sooner or later it blows up on you.
What do we have today? The largest generation in our country is getting set to retire. The SS funds have not been invested, even worse, they have been stolen by the idiots in DC who now have to come up with the money they borrowed. Average life expectancy continues to increase, meaning longer periods of payments to bene's.
But yeah, you go on believing your blessed little author/professor/nobel prize winner.... because all of those things means he can't possibly be wrong (or lying)
Oh. So top down fiat currency based capitalism never blows up? You haven't been paying attention. Have you, brainwash victim?
Well. You seem to have faith in a system based on it.Tell us beaver, where did I say anything about fiat currency not blowing up?
Yes. It's such a huge mistake that any system based on it should be abandoned by rational people. But you're still it's little cheerleader.I think moving away from the gold standard was one of the biggest mistakes this country has made. It gave too much power to the idiots in DC to simply provide one hand out after another without the means to pay for it.
We are talking about the problems with social security right now. IF you have anything of value to add to that, feel free.
I see this thread has devolved into another one of Superfreak's lessons on "how to win friends & influence people."
I take back my position on privatization. While it makes sense to me and I see no other alternative, it is much too unpalatable agreeing with Superfreak on anything.
Keep SS the way it is; I'm sure things will work out.
I see this thread has devolved into another one of Superfreak's lessons on "how to win friends & influence people."
I take back my position on privatization. While it makes sense to me and I see no other alternative, it is much too unpalatable agreeing with Superfreak on anything.
Keep SS the way it is; I'm sure things will work out.
Well. You seem to have faith in a system based on it.
Yes. It's such a huge mistake that any system based on it should be abandoned by rational people. But you're still it's little cheerleader.
Of course, SF has to piss on every thread. It's a territory thing.
When you pull the shit out of your ass, do you taste it before you fling it or do you just lick your fingers afterwards?
You support the fiat based system. Don't blame me for your own cognitive dissonance.
Yes. But you still invest and advocate investing in the sytem BASED UPON IT.Judging by the above, it appears you taste it before AND lick the fingers afterwards.
I just got done saying it was in my opinion the biggest mistake this country has made to remove the gold standard and somehow you interpret that as support of the fiat system?
I would say that conclusively puts your IQ somewhere around 40.
Judging by the above, it appears you taste it before AND lick the fingers afterwards.
I just got done saying it was in my opinion the biggest mistake this country has made to remove the gold standard and somehow you interpret that as support of the fiat system?
I would say that conclusively puts your IQ somewhere around 40.