Comments on: Social Security: The Big Lie http://willwilkinson.net/flybottle/2005/02/05/social-security-the-big-lie/ The Sweet Release of Reason Thu, 09 Feb 2012 18:11:50 +0000 hourly 1 By: Micha Ghertner http://willwilkinson.net/flybottle/2005/02/05/social-security-the-big-lie/#comment-4288 Micha Ghertner Tue, 08 Feb 2005 12:09:00 +0000 http://www.willwilkinson.net/flybottle/?p=643#comment-4288 Since an American citizen living abroad can still collect Social Security upon retirement, I see no reason why the same wouldn't be true for someone living on the moon. Next excuse, monkeyboy? Since an American citizen living abroad can still collect Social Security upon retirement, I see no reason why the same wouldn’t be true for someone living on the moon. Next excuse, monkeyboy?

]]> By: Paul Zrimsek http://willwilkinson.net/flybottle/2005/02/05/social-security-the-big-lie/#comment-4287 Paul Zrimsek Tue, 08 Feb 2005 09:32:00 +0000 http://www.willwilkinson.net/flybottle/?p=643#comment-4287 Now that we're all agreed that a big benefit cut in year Y is no big deal provided real benefits are higher than they were in year Y-37, I propose that we immediately cut payments to retirees to 1% above their 1968 level. We could use the money to help save Medicare. Now that we’re all agreed that a big benefit cut in year Y is no big deal provided real benefits are higher than they were in year Y-37, I propose that we immediately cut payments to retirees to 1% above their 1968 level. We could use the money to help save Medicare.

]]> By: monkyboy http://willwilkinson.net/flybottle/2005/02/05/social-security-the-big-lie/#comment-4286 monkyboy Mon, 07 Feb 2005 23:25:00 +0000 http://www.willwilkinson.net/flybottle/?p=643#comment-4286 As I assume you and your merry band of anachro-whatevers will be on the first flight to the moon when they begin, I have to say, not much Micha :) As I assume you and your merry band of anachro-whatevers will be on the first flight to the moon when they begin, I have to say, not much Micha :)

]]> By: Micha Ghertner http://willwilkinson.net/flybottle/2005/02/05/social-security-the-big-lie/#comment-4285 Micha Ghertner Mon, 07 Feb 2005 20:50:00 +0000 http://www.willwilkinson.net/flybottle/?p=643#comment-4285 Hey monkey boy, howsa bout we make a deal and I sell you all future claims I might have to my Social Security benefits, since you seem to be so certain that they are coming. How much would you offer me for them? Hey monkey boy, howsa bout we make a deal and I sell you all future claims I might have to my Social Security benefits, since you seem to be so certain that they are coming. How much would you offer me for them?

]]> By: monkyboy http://willwilkinson.net/flybottle/2005/02/05/social-security-the-big-lie/#comment-4284 monkyboy Mon, 07 Feb 2005 13:08:00 +0000 http://www.willwilkinson.net/flybottle/?p=643#comment-4284 Yes, Micha, benefits will have to be cut in 2042, or 2052, depending on whose numbers you believe. But the way SS benefits are currently indexed, even your cut benefits will be higher, in constant dollars, than what current SS recipients get now. Keep hanging your stockings by the fireplace at Christmas :) Yes, Micha, benefits will have to be cut in 2042, or 2052, depending on whose numbers you believe.

But the way SS benefits are currently indexed, even your cut benefits will be higher, in constant dollars, than what current SS recipients get now.

Keep hanging your stockings by the fireplace at Christmas :)

]]> By: Micha Ghertner http://willwilkinson.net/flybottle/2005/02/05/social-security-the-big-lie/#comment-4283 Micha Ghertner Mon, 07 Feb 2005 12:49:00 +0000 http://www.willwilkinson.net/flybottle/?p=643#comment-4283 "People my age are as likely to believe in Social Security as they are in Santa Claus. And, if you ask me, it would be equally naive for a twenty-something to believe in either one. ...I will be 62 in 2042, the exact year the Social Security Administration forecasts that the system's trust fund will run out of money, and benefits will be cut to match cash flow from tax payments, unless a fix is made earlier." - <a href="http://www.washingtonpost.com/wp-dyn/articles/A362-2005Feb5.html" rel="nofollow">Washington Post</a> “People my age are as likely to believe in Social Security as they are in Santa Claus. And, if you ask me, it would be equally naive for a twenty-something to believe in either one.

…I will be 62 in 2042, the exact year the Social Security Administration forecasts that the system’s trust fund will run out of money, and benefits will be cut to match cash flow from tax payments, unless a fix is made earlier.”

- Washington Post

]]> By: monkyboy http://willwilkinson.net/flybottle/2005/02/05/social-security-the-big-lie/#comment-4282 monkyboy Sun, 06 Feb 2005 22:37:00 +0000 http://www.willwilkinson.net/flybottle/?p=643#comment-4282 Glen, even if nothing is done to Social Security, today's children will receive larger monthy payment, in today's dollars, than those workers who are retiring in the next few years... Why fix it if it ain't broke? Glen, even if nothing is done to Social Security, today’s children will receive larger monthy payment, in today’s dollars, than those workers who are retiring in the next few years…

Why fix it if it ain’t broke?

]]> By: Will Wilkinson http://willwilkinson.net/flybottle/2005/02/05/social-security-the-big-lie/#comment-4281 Will Wilkinson Sun, 06 Feb 2005 20:52:00 +0000 http://www.willwilkinson.net/flybottle/?p=643#comment-4281 Yawn.... Yawn….

]]> By: Gareth http://willwilkinson.net/flybottle/2005/02/05/social-security-the-big-lie/#comment-4280 Gareth Sun, 06 Feb 2005 19:59:00 +0000 http://www.willwilkinson.net/flybottle/?p=643#comment-4280 A promise is a lie if it isn't fulfilled. It isn't a lie if it is. The irony here is that the people who propose not fulfilling the promise justify it by saying that the promise was always a lie. A promise is a lie if it isn’t fulfilled. It isn’t a lie if it is.

The irony here is that the people who propose not fulfilling the promise justify it by saying that the promise was always a lie.

]]> By: Timothy http://willwilkinson.net/flybottle/2005/02/05/social-security-the-big-lie/#comment-4279 Timothy Sun, 06 Feb 2005 17:45:00 +0000 http://www.willwilkinson.net/flybottle/?p=643#comment-4279 Glen- Surely you can admit that the President specifically said that those over 55 will not have their benefits cut. Even the President apparently is not proposing that younger people stop paying for the retirement of the disportionately large Baby Boom generation. Glen- Surely you can admit that the President specifically said that those over 55 will not have their benefits cut. Even the President apparently is not proposing that younger people stop paying for the retirement of the disportionately large Baby Boom generation.

]]>