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On Fri, 15 Apr 2011 12:48:19 -0400, wrote:

On Thu, 14 Apr 2011 18:51:49 -0700, wrote:

That's not clear that it's done. SS will turn around in the next few
years as employment and the economy improve.

Not with the Obama payroll tax cut. It can never recover from that,
even if we had 2006 employment levels.

Oh come on. That's so nonsensical to not past the sniff test.

OK prove it. Tell us the number of employees that rate would add, the
lesser amount you get with a 14% tax cut, then factor in the extra
boomers who have entered the SS benefit program since 2006 and get
back to me.
The projections SSA gave were based on people waiting until full
retirement age (66 right now) and I do not know ONE person who waited.
I am the only person I know who didn't take SS on their 62d birthday.
I waited until I was 64.
If you run the spread sheet, taking at 62 breaks even at age 78 or so
for most people. By waiting until 64, I pushed that out to 84 or so.
Of course that assumes you spend the money. I am investing it. That is
a win-win. I get a better return and if I really need it, I have it.

You said "never." You're making stuff up. You're happy to believe
"projections" that go out dozens of years, but you're unwilling to
look at something that would happen within weeks.

So much for your "fact" based arguments.