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... On Thu, 8 Apr 2010 22:19:50 -0700, "nom=de=plume" wrote: Sure.. there's no absolute certainty that the tax rates will be lower for those who retire. But, historically, that's what happens. History is irrelevant Whew... that's a pretty bold statement. Are you sure you subscribe to that notion? There are lots of bad things that can happen if you ignore history. There has never been a retirement cadre the size of the boomers in the history of the world. Europe is in more trouble than the US because of their demographics. We are going to end up with less than 3 workers per retiree. That is unsustainable. There is really no "savings" in any real way. We are simply invested in the dreams of growth and the likely rate of growth can't sustain the investment. Well, I guess we should all hide under the bed. So far, and I haven't heard one single viable solution to this situation. The Republicans are certainly doing nothing, not even bothering to work a full schedule. The Democrats are mostly trying, but the rabid reactions of those on the far right and the lobbying money flowing aren't helping. When people listen to the likes of Beck/Rush, guys who make millions a year, guys who couldn't give a hoot about anyone save themselves, and the people can't figure out they're worse than snake-oil salesmen, there's no telling what'll happen. I prefer to believe that sanity will prevail, given our history of making good choices (eventually). -- Nom=de=Plume |
#2
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posted to rec.boats
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... On Fri, 9 Apr 2010 00:10:40 -0700, "nom=de=plume" wrote: wrote in message . .. On Thu, 8 Apr 2010 22:19:50 -0700, "nom=de=plume" wrote: Sure.. there's no absolute certainty that the tax rates will be lower for those who retire. But, historically, that's what happens. History is irrelevant Whew... that's a pretty bold statement. Are you sure you subscribe to that notion? There are lots of bad things that can happen if you ignore history. Nothing like this has ever happened in history, at least not recently. see below. Come on.. Again, it's not like the world is ending. Things change. It's part of life. There has never been a retirement cadre the size of the boomers in the history of the world. Europe is in more trouble than the US because of their demographics. We are going to end up with less than 3 workers per retiree. That is unsustainable. There is really no "savings" in any real way. We are simply invested in the dreams of growth and the likely rate of growth can't sustain the investment. Well, I guess we should all hide under the bed. So far, and I haven't heard one single viable solution to this situation. The Republicans are certainly doing nothing, not even bothering to work a full schedule. The Democrats are mostly trying, How are the democrats trying? Certainly not by addressing the deficit. In this regard there is no difference between the parties. I would not plan on getting everything you think you are "entitled" to., They ARE addressing the deficit by passing healthcare reform. I'm going to take the CBO's word for it on this, not to mention most economists. You'll forgive me if I don't take your word for it. As to 'getting everything', I'm not sure what that has to do with the previous sentence. Hiding under the bed is not the answer but shedding your personal debt and being prepared to live very cheaply is not a bad plan. You better have the home to keep that bed, you want to hide under, paid for. Well, that's always a good plan. Then you only have to be afraid that the government will tax you out of it. Property tax increases are always a possibility, although not very politically viable. Sure. Anything is possible, including asteroids destroying the earth. -- Nom=de=Plume |
#3
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posted to rec.boats
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... On Fri, 9 Apr 2010 11:27:31 -0700, "nom=de=plume" wrote: How are the democrats trying? Certainly not by addressing the deficit. In this regard there is no difference between the parties. I would not plan on getting everything you think you are "entitled" to., They ARE addressing the deficit by passing healthcare reform. I'm going to take the CBO's word for it on this, not to mention most economists. You'll forgive me if I don't take your word for it. As to 'getting everything', I'm not sure what that has to do with the previous sentence. I certainly don't see any deficit reduction in this plan. The CBO ?? stop it, I am hurting myself laughing. When have they EVER been right? They were off by a factor of 10 on their 10 year medicare projections and you don't even want to talk about how bad they bungled the cost of the Gulf War(s) Hiding under the bed is not the answer but shedding your personal debt and being prepared to live very cheaply is not a bad plan. You better have the home to keep that bed, you want to hide under, paid for. Well, that's always a good plan. Then you only have to be afraid that the government will tax you out of it. Property tax increases are always a possibility, although not very politically viable. Sure. Anything is possible, including asteroids destroying the earth. A devastating meteor hit is about 50:1 in any given lifetime according to the people who study these things, an extinction event is about 1000 to one in the same period and a globe altering event about 10,000 to one. All way better than hitting a 5 number lottery ticket. Property tax increases are almost a given when you look at the state budgets That's the agency that both sides uses. If you have another, have at it. -- Nom=de=Plume |
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