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HiPointDem

(20,729 posts)
44. Let me repeat what you claimed:
Mon Aug 13, 2012, 07:58 AM
Aug 2012

"Every year, the Trustees of the Social Security Trust Fund tell us that the date at which full benefits can be paid two has receded by two years."

Yet if you look at the list of dates the Trustees have forecast the TF will be exhausted, there is no such sequence of "every year".

1991: 2041
1992: 2036
1993: 2036
1994: 2029
1995: 2031
1996: 2029
1997: 2029
1998: 2032
1999: 2034
2000: 2037
2001: 2038
2002: 2041
2003: 2042
2004: 2042
2005: 2041
2006: 2040
2007: 2041
2008: 2041
2009: 2037
2010: 2037
2011: 2036
2012: 2033

And the fact that the same thing happened in the Clinton recession should give you a hint at how stupid such grandiose claims based on this one statistic are.

No, the drop from 2041 doesn't mean any more to me than the drop from 2041 to 2029 did between 1991 and 1994. Or the jump from 2029 in 1997 to 2041 in 2002.

Because I know how the numbers are calculated, the kinds of (often dubious) assumptions it's based on, I know that there are three sets of forecasts & this intermediate forecast is only one (& not the most historically accurate one), & I know why they started putting out this report in this fashion in the first place (political fuel for the move to privatize SS).

I don't mean to be rude, but it's clear from what you write that you haven't looked beyond the hyped-up news flashes designed to push americans into agreeing that "something must be done, we must make sacrifices".

bullshit. the banks got bailout money created out of thin air, but according to you to repay SS we must borrow from china.

bullshit, a million times bullshit.

Recommendations

0 members have recommended this reply (displayed in chronological order):

SS can also be a gouge that does not honor its agreement to pay up nt msongs Aug 2012 #1
can you explain what you're talking about? HiPointDem Aug 2012 #33
The payments the workers paid customerserviceguy Aug 2012 #2
It doesn't even really work like insurance FarCenter Aug 2012 #4
Yes, it has all kinds of features customerserviceguy Aug 2012 #10
You're entitled to your own opinions. You're not entitled to your own facts. lumberjack_jeff Aug 2012 #24
And I have opinions about those certificates customerserviceguy Aug 2012 #45
Mostly correct. Common Sense Party Aug 2012 #52
it's not in a dire situation, & the wounds you describe have been inflicted by 1%-ers. we have HiPointDem Aug 2012 #34
And some of those one-percenters customerserviceguy Aug 2012 #46
10 years of marriage isn't long? rgbecker Aug 2012 #27
No. 10 years is only about 1/4 of a working career FarCenter Aug 2012 #28
Also I think S.S. takes the highest situation exboyfil Aug 2012 #56
SS uses the entire work record of each ex-spouse and uses the one that computes the highest benefit FarCenter Aug 2012 #61
The Republicans would rather you just paid it directly to their owners... Scuba Aug 2012 #3
Yes, they are drooling over it, plus it fits flamingdem Aug 2012 #5
They've been drooling over it for decades. Their greedy eyes see that huge fund sabrina 1 Aug 2012 #6
Don't know where you've been customerserviceguy Aug 2012 #11
And we the people want that money put back where they borrowed it from. sabrina 1 Aug 2012 #14
Yes, the people do indeed want it back customerserviceguy Aug 2012 #18
omg, you're parroting bush's 'file cabinet with iou's' meme. HiPointDem Aug 2012 #35
Ah, yes customerserviceguy Aug 2012 #39
the way they always have & are currently. by redeeming the trust fund iou's. duh. HiPointDem Aug 2012 #43
There have been a few accounting gimmicks customerserviceguy Aug 2012 #47
SS Securities are *regularly & constantly* being redeemed, and that's been true since the program HiPointDem Aug 2012 #53
Send people to prison me b zola Aug 2012 #55
Who, dead congresscritters customerserviceguy Aug 2012 #58
And I personally know of people who worked for companies marlakay Aug 2012 #7
How many people with a 401K customerserviceguy Aug 2012 #12
It may be there but the level of benefits and taxes can be changed at will by legislation. dkf Aug 2012 #8
A lot of younger folks see things your way customerserviceguy Aug 2012 #13
they see things her way because they've been propagandized by ryan-bots for 30 years. you're HiPointDem Aug 2012 #37
Ok, if you go all the way back to 1991 customerserviceguy Aug 2012 #38
Let me repeat what you claimed: HiPointDem Aug 2012 #44
Yes, I should have said customerserviceguy Aug 2012 #48
that isn't true either, so i don't know why you keep insisting that it is. it's not *my* chart, HiPointDem Aug 2012 #51
Your chart, their chart, what's the difference? customerserviceguy Aug 2012 #59
And if we let the Global Cartels do to us what they did to Europe, we will sabrina 1 Aug 2012 #16
When no one wants to lend to you and you have promised more than you make you have no options. dkf Aug 2012 #30
It is INSURANCE. We all pay premiums based on our income, and most of us kestrel91316 Aug 2012 #9
JFTR - you don't have to pay into SS to collect it. DURHAM D Aug 2012 #15
That's fantastic. Looking out for the working people and recognizing that their sabrina 1 Aug 2012 #17
I find absolutely nothing to celebrate in a policy DURHAM D Aug 2012 #19
I find anything that looks out for the working class as it is so rare in this society today, sabrina 1 Aug 2012 #20
In the "working class" today both spouses are working - DURHAM D Aug 2012 #21
There are plenty of families where only one spouse works outside the home SickOfTheOnePct Aug 2012 #23
A very small percentage of working class families in this day and time DURHAM D Aug 2012 #25
I agree that gay couples should be able to marry and gain exboyfil Aug 2012 #57
This is a middle/lower income tax, not an upper income tax. dkf Aug 2012 #31
I'd like to see the stats on early deaths. trof Aug 2012 #22
Men die sooner than women FarCenter Aug 2012 #29
African-Americans die sooner than whites customerserviceguy Aug 2012 #40
So, does that mean dsteve01 Aug 2012 #26
One simple piece of legislation cbrer Aug 2012 #32
reading the responses to this thread, being anti-SS seems to be becoming a democratic value. HiPointDem Aug 2012 #36
It's not anti Social Security customerserviceguy Aug 2012 #41
actually i've studied it in great detail, & yeah, i prefer the president let a committee study it HiPointDem Aug 2012 #42
So, that's the fantasy customerserviceguy Aug 2012 #49
you haven't even copped to your earlier error. so far as i'm concerned, the error & the refusal to HiPointDem Aug 2012 #50
Being anti-SS became a democratic value about the exact time being anti-union did NNN0LHI Aug 2012 #60
+1 HiPointDem Aug 2012 #62
I am definitely not anti-SS because I am collecting it now. RebelOne Aug 2012 #63
Beware Gordon Gekko bhikkhu Aug 2012 #54
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