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... On Fri, 12 Feb 2010 10:20:49 -0800, "nom=de=plume" wrote: wrote in message . .. On Thu, 11 Feb 2010 20:17:08 -0800, "nom=de=plume" wrote: According to you. If you do much reading, you will find a lot of financial people are asking the same questions about how long we can continue the raise the debt limit and how we will deal with the entitlements when they explode in our face.. Huh?? Lots of financial people (aka economists) ask those questions. We can't continue to raise it forever, but it's no where near an unusual dept to GDP crisis. The end of the SS surplus is straight from the trustees report on SSA.GOV, The demographics of the number of baby boomers vs the following generations who have to pay the bill is available from the census. The amount of our debt that is held by foreigners is from the treasury department. The percentage of discretionary spending vs entitlements, out in the future is from OMB. You may disagree with how I connect the dots but the dots are fact. Typically, dots are connected with some sort of logic. ![]() The warnings are out there but sometimes you just have to let the baby touch the stove. See you in 2012 Come on... you're claiming that the world is going to end in 2012. Taint happenin... Perhaps you should vote for Ron Paul, assuming he's still in office. The world isn't going to end in 2012, just the rising SS surplus. It will peak and quickly decline to the point where FICA won't support outlays in 2016. That is not my opinion. It is from SSA.GOV. And then the end of the world, right? Well, despite your ominous thoughts, we'll be just fine. . I do think Ron Paul is right on a lot of things but I can't vote for him because he is in Texas. I did vote for the Libertarian pres candidate in 92, 96, 00 and 04. In 08 I voted for Paris Hilton. She had the best ad. How did all that Libertarian voting work out for you? It was a great ad. -- Nom=de=Plume |
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