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How about that very same Social Security Trustees Report? Per WR's link in post #13: - Figure II.D6 shows that SS will become a drain on Federal coffers starting in 2018.
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No it does not.
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Okay, so it shows the drain starts in
2017, but text elsewhere said 2018, so I thought I'd err in your favor if there was any doubt.
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you apparently are going to play games and make stuff up.
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I'm sorry you consider giving you the benefit of the doubt to be 'playing games' - My apologies and I'll try not to do it in the future.
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Take one of my high school students (( snip tale of undeserved woe )) Tell me, where did this kid go wrong?
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While it certainly could have been worded more compassionately, jviehe had it right on this one - Your student was born to the wrong parent. Some people are lucky enough to be born to parents that encourage education and try to save towards college. Some people are born to parents who essentially sell their older kids into slavery to feed the younger ones. And jviehe was cold but right in his follow-up as well. The kid can still make good, but it'll admittedly be very hard since he's starting out with what probably amounts to
at least a 5 yr handicap.
I suppose if you Really didn't want to blame the parent, you could try blaming the politicians. Welfare payments should be conditional upon long-term birth control, but nobody in office has the combination of brains, balls, and honesty to do anything about it.
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don't buy that plasma tv. don't have an internets in yer home. don't buy your son the latest Xbox. eat pasta and stay away from expensive protiens (no sushi!). drink olympia beer (its in the water). start preparing for your retirement in grade school (get all As). buy your clothes at target, no bannana republic. don't buy the newest Ipod (you'll live fine without it). buy a used honda civic, and when you need a second car fer yer family, get another used honda civic.
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I do/did most of these things and more, and as a result will probably have the option to retire in my 50s, even assuming our total SS income to be a big fat zero. I've known other people making 20% more than me who will probably have to work well into their 60s or later because they did few if any of the above.