10,000 Baby Boomers Retire Each Day for the next 10 years!

[ishtat]

You are confused...I said taxpayers...not workers. And while I did make some assumptions I believe they are valid. I did assume all the baby boomer were taxpayers, which may or may not be true, yet the all will retire. And if you will look again I assumed 10,000,000 taxpayers not workers would be added over that ten year period. The reason I limited it to taxpayers is because they are the ones with the burden to pay those 76,000,000 retirees.

I'm not confused. Your position which I hesitate to call an argument has 3 bases:-

1 is "I believe"

2 is "lets say"

3 is your innumeracy.

Your objective is legitimate but the statements you make are so full of holes they damage rather than support it.

 

[amicus]

I thought I would document the Thread Title before someone challenges it:

http://www.ssa.gov/pressoffice/pr/babyboomerfiles-pr.htm

As the nation’s first Baby Boomer, Ms. Casey-Kirschling is leading what is often referred to as America’s silver tsunami. Over the next two decades, nearly 80 million Americans will become eligible for Social Security benefits, more than 10,000 per day. To prepare for this wave of new filers, Social Security has developed a wide range of online services.

I don't quite grok how this phenomenon will continue over 'two decades', when the definition of 'baby boomers' are those born after WW2 until 1957.

(I put 'grok' in there for the edification and gratification of those sci fi fans who might scan)



Ami

 

[lisa123414]

80 million divided by 10,000 per day divided by 365 days per year is about 22, so for about 22 years, there will be 10,000 per day retiring, and if the start is 1945 (perhaps it is sooner) then it will continue until those born in 1967

 

[Dragonlipz]

I thought I would document the Thread Title before someone challenges it:

http://www.ssa.gov/pressoffice/pr/babyboomerfiles-pr.htm



I don't quite grok how this phenomenon will continue over 'two decades', when the definition of 'baby boomers' are those born after WW2 until 1957.

(I put 'grok' in there for the edification and gratification of those sci fi fans who might scan)



Ami

You couldn't pour piss from R. Heinlein's boot even if you had the Zeb to do it for you.....Why doncha put yer mouth where yore money is and learn who and what and most importantly: WHEN the boomers are: you ain't one of them......We're too well educated and liberal for you.....
So move on, old fuck.....the world ain't yours and you ain't in it......buy, buy.....

 

[amicus]

Spoke with my youngest daughter last night and one of the many things she mentioned was that she was sure she would never see a penny of her compulsory contributions to Social Security come back.

She is in her mid 20's, which leads me to query among the younger Litsters, do you agree with her that you will never see a social security check in your later years?

Just wondering....

Amicus

 

[amicus]

80 million divided by 10,000 per day divided by 365 days per year is about 22, so for about 22 years, there will be 10,000 per day retiring, and if the start is 1945 (perhaps it is sooner) then it will continue until those born in 1967

~~~

So, lisa, for the next 22 years, 10,000 per day will qualify for Social Security Checks...from money they paid into the program...and the program is now not supporting itself...what then for the future? Do you expect to receive a pension from your SS investments?

Ami

 

[Dragonlipz]

Spoke with my youngest daughter last night and one of the many things she mentioned was that she was sure she would never see a penny of her compulsory contributions to Social Security come back.

She is in her mid 20's, which leads me to query among the younger Litsters, do you agree with her that you will never see a social security check in your later years?

Just wondering....

Amicus

Give it back to her since she's paying for your sorry, parasite ass!!!! Put your money back into your kids pocket! What kind of parent are ya????
Oh, that kind, huh???

 

[MzDeviancy]

So, I don't agree with your views it's hatred? Interesting and boring theory and used by democrats around the country. A bogus assumption. I suppose I'm also a racist and a nazi?

Just FYI, Zeb, if you don't wanna be confused with a racist, you may wanna drop the term squaw from your vocabulary.

 

[Zeb_Carter]

Just FYI, Zeb, if you don't wanna be confused with a racist, you may wanna drop the term squaw from your vocabulary.

You point being? That because I may not be a person of color I'm using a word as a slur of some kind?

My lineage may not be what you think it is.

 

[MzDeviancy]

You point being? That because I may not be a person of color I'm using a word as a slur of some kind?

My lineage may not be what you think it is.

This may be me overgeneralising, but based on your posts, I would be very surprised if you weren't white. The whole Tea Party vibe you have happening occasionally accompanies skin tone darker than khaki, but not usually.

ETA: I've also seen a native guy get punched out for calling a native chick 'squaw', so even if you were native, it might be advisable to drop that word from your vocab

 

[Zeb_Carter]

This may be me overgeneralising, but based on your posts, I would be very surprised if you weren't white. The whole Tea Party vibe you have happening occasionally accompanies skin tone darker than khaki, but not usually.

So in essence you assume me to be of caucasian lineage?

Being an American I proud to say I am of mixed heritage. I have so many different nationalities in my genes if I were a member of the Canis lupus familiaris I would be called an ugly mutt.

Plus having learned at an early age...that sticks and stones will break my bones but name will only enrage me.

 

[MzDeviancy]

So in essence you assume me to be of caucasian lineage?

Being an American I proud to say I am of mixed heritage. I have so many different nationalities in my genes if I were a member of the Canis lupus familiaris I would be called an ugly mutt.

Plus having learned at an early age...that sticks and stones will break my bones but name will only enrage me.

Nationalities such as?

 

[amicus]

Strange, not really, modus operandi in action...when the Liberals are not criticizing the very concept of individual rights, they are using personal characteristics, age, gender, race, as a bludgeon to replace their usual vitriol.

When will they ever, if ever, define and defend what they believe in? Curious bystanders want to know...

Amicus

 

[LJ_Reloaded]

I agree with Amicus.

Shock! Horror!

But it is true. Governments don't see, or won't see, the long-term effects of paying benefits from current income instead of investing for future benefits. If a company did it, they would be prosecuted for running a Ponzi scheme.

In the UK for generations, pension funds and insurance for future pensions have paid for much of the investment in companies. Now those pension and insurance funds are taxed, current and future investments have been reduced.

Og

I'm surprised that absolutely no one here, that I've seen so far in this discussion, has mentioned the greater damage that will be done when these Baby Boomers start cashing in their stocks to fund their retirement.

That will put the rest of the country on Government assistance...

 

[MzDeviancy]

Strange, not really, modus operandi in action...when the Liberals are not criticizing the very concept of individual rights, they are using personal characteristics, age, gender, race, as a bludgeon to replace their usual vitriol.

When will they ever, if ever, define and defend what they believe in? Curious bystanders want to know...

Amicus

It's funny how you don't understand how clearly you illustrate your own hypocrisy and ridiculousness. Thanks for making it so easy.

 

[JAMESBJOHNSON]

I'm surprised that absolutely no one here, that I've seen so far in this discussion, has mentioned the greater damage that will be done when these Baby Boomers start cashing in their stocks to fund their retirement.

That will put the rest of the country on Government assistance...

Yep. If the guvmint was smart they'd pay the Boomers to keep working another 5 years or so. It would be a lot cheaper to sweeten the Boomers paycheck $200 a week than pay Social Security and Medicare, and get shit back in taxes But we aint that smart..

 

[Kargan3033]

Wow this sounds so fucked up.
As for me I'm in Canada and on a disabilty pention so I really don't understand how these retirement systems work but from what I have read in this thread it sounds like a lot of old people in the US are going to get fucked over hard core by the US goverment.
If that is true then I must say it to sad and to enfruyating to put into words at how the US goverment is fucking over the very people who worked their asses off to keep the US strong and healthy.

 

[LJ_Reloaded]

Wow this sounds so fucked up.
As for me I'm in Canada and on a disabilty pention so I really don't understand how these retirement systems work but from what I have read in this thread it sounds like a lot of old people in the US are going to get fucked over hard core by the US goverment.
If that is true then I must say it to sad and to enfruyating to put into words at how the US goverment is fucking over the very people who worked their asses off to keep the US strong and healthy.

It's the American Way:

The world don't owe you nuthin', but you owe the world everything.

It's a philosophy that rules everything, and a philosophy that is utterly unsustainable.

 

[JAMESBJOHNSON]

KARGAN

The guvmint will fuck the old guys once but not get a 2nd poke cuz old guys vote.

Most folks dont see it happening but America is about to burst its britches, and few have a clue how it will fragment. We might see a fault-line extend from California across the continent to Virginia, with a solid mass of red states and segmented blue states. I can see the Blues wanting union with Canada. You'll get New England, Washington-Oregon, Minnesota, Wisconsin, Michigan.

 

[Kargan3033]

KARGAN

The guvmint will fuck the old guys once but not get a 2nd poke cuz old guys vote.

Most folks dont see it happening but America is about to burst its britches, and few have a clue how it will fragment. We might see a fault-line extend from California across the continent to Virginia, with a solid mass of red states and segmented blue states. I can see the Blues wanting union with Canada. You'll get New England, Washington-Oregon, Minnesota, Wisconsin, Michigan.

Intresting, I knew that sooner or later the US would disintergrate under it's debets and it's missmangement as well as a few other contributing factors that I will keep silent about for now.
So it would see that a second US civil war is in the making, that will be very intresting to see.
Thanks for dropping me a line and yes I do agree with you that the US is done for but it will not go quietly, a lot of good and inocent people are going to get fucked over before everything is said and done with in the US.

 

[Zeb_Carter]

KARGAN

The guvmint will fuck the old guys once but not get a 2nd poke cuz old guys vote.

Most folks dont see it happening but America is about to burst its britches, and few have a clue how it will fragment. We might see a fault-line extend from California across the continent to Virginia, with a solid mass of red states and segmented blue states. I can see the Blues wanting union with Canada. You'll get New England, Washington-Oregon, Minnesota, Wisconsin, Michigan.

Intresting, I knew that sooner or later the US would disintergrate under it's debets and it's missmangement as well as a few other contributing factors that I will keep silent about for now.
So it would see that a second US civil war is in the making, that will be very intresting to see.
Thanks for dropping me a line and yes I do agree with you that the US is done for but it will not go quietly, a lot of good and inocent people are going to get fucked over before everything is said and done with in the US.

There are a few states you can add to that list, Illinois, Ohio, Penn, (NJ, NY part of New England land).

The second civil war may not be a violent one though it could evolve to that level. I see it more of a political and economical split of the states. The densely populated Northeast along with the enclave which is California with a few states along the northern tier(all those James named plus the few I did).

 

[Kargan3033]

There are a few states you can add to that list, Illinois, Ohio, Penn, (NJ, NY part of New England land).

The second civil war may not be a violent one though it could evolve to that level. I see it more of a political and economical split of the states. The densely populated Northeast along with the enclave which is California with a few states along the northern tier(all those James named plus the few I did).

You know my friend that does sound very intresting, if this is to be the case then what do you think will be the point of contention that will cause this split/civial war and who do you think will win if it become a shooting match between the two sides of the devided US?

 

[Zeb_Carter]

You know my friend that does sound very intresting, if this is to be the case then what do you think will be the point of contention that will cause this split/civial war and who do you think will win if it become a shooting match between the two sides of the devided US?

I doubt that there will be shooting as there are too many military bases around the country that would side one way or the other...stalemate. The division will be by cession which states are legally allowed to do under the constitution, although the circumvention of that document will be the cause of the split. In my opinion the current administration is/will push and push until the states started cession proceedings instead of court proceedings.

 

[Kargan3033]

I doubt that there will be shooting as there are too many military bases around the country that would side one way or the other...stalemate. The division will be by cession which states are legally allowed to do under the constitution, although the circumvention of that document will be the cause of the split. In my opinion the current administration is/will push and push until the states started cession proceedings instead of court proceedings.

Very intresting and I think you are right that when the split does come it will most like not come to a shooting match or so I hope.
When and if such a think happens what do you think the impact of such a thing will be not only in the western hemashapre but on a globel level?
You seem like an intelagent man and I consider it my good fortue to have met you.
Tell me what kinds of stories do you write?
If you have any question you wish to ask me feel free to do so

 

[Zeb_Carter]

Very intresting and I think you are right that when the split does come it will most like not come to a shooting match or so I hope.
When and if such a think happens what do you think the impact of such a thing will be not only in the western hemashapre but on a globel level?
You seem like an intelagent man and I consider it my good fortue to have met you.
Tell me what kinds of stories do you write?
If you have any question you wish to ask me feel free to do so

You know, I just don't know or could I comprehend what the rest of the world would be like. Although, I would bet that some might test the weakness of the unUnited States of America, which would not be a good thing for them or the several countries the USA may devolve into.

Thanks for the complement yet there are those on this forum who call me stupid.

Stories, click the My Stuff link in my signature. You may want to also purchase my latest work available from Fido Publishing, click the thumbnail in my sig, it is about an apocalyptic event that tears the US apart along with the rest of the world.