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Post by maui1 on Jul 5, 2011 8:24:59 GMT -5
The baby boomers retiring at a clip of 10k a day will keep the labor force low for the next decade or so.
this means nothing.......are they continuing as part-timers, and consultants. did you know that..... you can still work while collecting ss.
and the fact that they are collecting at that rate, means more and more private sector dollars are needed to be used for gov't sector payouts, which does nothing but hurt the economy, even more.
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usaone
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Post by usaone on Jul 5, 2011 8:48:55 GMT -5
The baby boomers retiring at a clip of 10k a day will keep the labor force low for the next decade or so.this means nothing.......are they continuing as part-timers, and consultants. did you know that..... you can still work while collecting ss. and the fact that they are collecting at that rate, means more and more private sector dollars are needed to be used for gov't sector payouts, which does nothing but hurt the economy, even more. This has been known for years. |
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Post by maui1 on Jul 5, 2011 8:55:52 GMT -5
usa- everything that this country does wrong, and continues to do wrong, "HAS BEEN KNOWN FOR YEARS", but have you seen our country learn from it's mistakes?
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usaone
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Post by usaone on Jul 5, 2011 10:35:22 GMT -5
The boomers are retiring. The government cant do much about that.
Its been known for decades that the working population would shrink for about 20 years because of the boomers.
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Post by maui1 on Jul 5, 2011 11:55:54 GMT -5
so what did our gov't do to mitigate the impact, with the knowledge that they had 20 years ago, other than letting 20 years go by?
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Post by maui1 on Jul 5, 2011 11:56:11 GMT -5
This message has been deleted.
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decoy409
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Post by decoy409 on Jul 5, 2011 12:18:19 GMT -5
maui1,why I threw some real good stuff out in the Decoy Post today as to what they have done in Derivative land. NOTHING. That's what they have done. Oh! They did let the problems compound again and again and again....  Don't expect some to reply to your question in #380 as the other side of the coin (as you present) is a far BIGGER and BADDER issue than some will hate to admit to. Kind of like discussing how much PROFIT has been made by some but forget to tell the LOSS.  |
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domeasingold
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Post by domeasingold on Jul 5, 2011 18:49:32 GMT -5
I want my entitlement! NOW!
BTW, how can it be an entitlement when you paid in advance for 30 or 40 years?
USA1. Be careful how you say boomers. It wudn't our fault. It was all dem GI's coming home from WWII dat dun it.
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verrip1
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Post by verrip1 on Jul 5, 2011 20:13:59 GMT -5
Why is it that we get blamed for everything?  Fookin' whiners always need scapegoats. None of their failures are their fault.  |
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bimetalaupt
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Post by bimetalaupt on Jul 6, 2011 1:36:42 GMT -5
I want my entitlement! NOW! BTW, how can it be an entitlement when you paid in advance for 30 or 40 years? USA1. Be careful how you say boomers. It wudn't our fault. It was all dem GI's coming home from WWII dat dun it. Gold, I reread your post about WWII GI's.. As Far as the SS Trust fund both the SS fund and RRR Trust fund were started in 1935.. At the depth of the depression.. We have one of the stingiest System in the world.. Offering little except to the Tier1 group or Lowest Wage group.. See Attachment.. OK it great for low income but above it ..nothing like the 100% replacement from Estonia or Germany during the 1950's. Remember the Systems buy only Federal Special T-bond and now holds over 2.8Trillion Dollars so it is about the same as the Federal Reserve system and hold no gold so it does hold more T-Bonds.. It is growing!! and with the next generation Changes in Age and removal of limits to the top end it will have huge surpluses until 2036. Just a thought. Bi Metal Au Pt Attachments:
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Post by smackdown on Jul 7, 2011 7:24:32 GMT -5
Smoke and mirrors. The single largest problem we face today is-- a generation too young having made too much from financial investing and investing NOTHING into the infrastructure. What exactly to we do with 30-40 year olds with ZERO useful skills and a lop-sided percentage of the nation's money? There is no way these pariah won't clog us like cancers and perpetuate greed and stupid answers to serious issues.
We LOST what the WWII returnees built and the only way to rebuild it is through LABOR. How we are supposed to do that by cranking out Too Rich To Exist Republicans who delegate and administrate but NEVER participate in the labor, yet seek to crush all organizations of it-- is beyond me. Right now, the nation needs ZERO unemployment, 100% of incomes sustaining family stability and ZERO dark pools of hoarded currency undermining recovery.
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tyfighter3
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Post by tyfighter3 on Jul 7, 2011 9:56:21 GMT -5
VL, this Country will never see ZERO unemployment. We have at least 3 to 4% of the people that will never work and don't want to work because they don't have to work because they play the system. If you want 0 unemployment, you have to get rid of the system and I don't see that in the future, do you.
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Driftr
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Post by Driftr on Jul 7, 2011 10:03:07 GMT -5
VL, this Country will never see ZERO unemployment. We have at least 3 to 4% of the people that will never work and don't want to work because they don't have to work because they play the system. If you want 0 unemployment, you have to get rid of the system and I don't see that in the future, do you. I thought we'd found a way to remove 'those people' from the calculation. Or do they need to pretend to be interested in order to keep gaming the system and will therefore always be the 3-4%? |
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tyfighter3
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Post by tyfighter3 on Jul 7, 2011 10:09:52 GMT -5
Fuzzy Math has never got rid of the problem no matter how you do it. JMO
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Post by maui1 on Jul 8, 2011 13:23:17 GMT -5
U.S. is not facing double-dip recession: Goolsbee
July 8, 2011 10:11 AM ET
WASHINGTON (Reuters) - The U.S. economy is not facing a double-dip recession, but weak job growth is "a call to arms" for policymakers to take steps to reinvigorate the private sector, a top White House adviser said on Friday.
want to know why were are still in the mess? see what gov't wants to do as soon as they get bad news? 'they' are going to 'fix it'.......
when is the gov't going to learn that the only way to 'fix it' is for gov't to get out of the mind set of, "we are going to fix it", and let the market 'fix it'.
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bimetalaupt
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Post by bimetalaupt on Jul 8, 2011 21:27:43 GMT -5
U.S. is not facing double-dip recession: Goolsbee
July 8, 2011 10:11 AM ET
WASHINGTON (Reuters) - The U.S. economy is not facing a double-dip recession, but weak job growth is "a call to arms" for policymakers to take steps to reinvigorate the private sector, a top White House adviser said on Friday.want to know why were are still in the mess? see what gov't wants to do as soon as they get bad news? 'they' are going to 'fix it'....... when is the gov't going to learn that the only way to 'fix it' is for gov't to get out of the mind set of, "we are going to fix it", and let the market 'fit it'. maui1, I have a little data about the problem of lack of experts in the field.. They are now in the Army defending the world from "Fuzzy numbers machines " like MMX.. My last Fuzzy number model. When they are over over there .. our GDP will Rock and roll...The recovery will be about real assets used with Know how to make real things!!.. As far as the SS Trust goes.. With the next generation exploding on the field we will have a huge increase in income to replace out-go with a lot left over until 2036. Depression is related to prices and GDP.. We will rock the world with great products... Just a thought, Bi Metal Au Pt   |
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Post by maui1 on Jul 11, 2011 8:52:45 GMT -5
Depression is related to prices and GDP.. We will rock the world with great products...
not if we are spending all available american funds on servicing our debt interest payments. what do we do, when we can't control the interest rate that we are paying for our national debt?
increase our borrowing costs from almost nothing to 3% and you double our debt payments from 20 billion a month to 40 billion a month. good luck growing an economy with that baggage.
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bimetalaupt
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Post by bimetalaupt on Jul 21, 2011 21:53:09 GMT -5
Depression is related to prices and GDP.. We will rock the world with great products...not if we are spending all available American funds on servicing our debt interest payments. what do we do, when we can't control the interest rate that we are paying for our national debt? increase our borrowing costs from almost nothing to 3% and you double our debt payments from 20 billion a month to 40 billion a month. good luck growing an economy with that baggage. maui1  , I ran the numbers through the math model MMXII and the SS numbers against future benefits of SS system..With lower interest cost of the special Trust fund and higher Trust fund money coming into the system; most of the income will be used to support the Socal Secerity Trust by the year 2036 unless some one changes the law after we it get past.. Like Johnson did .. Great Post .. Took time to get it right.. K4U!! BTI  Attachments:
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usaone
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Post by usaone on Jul 22, 2011 7:54:28 GMT -5
The free market is just as much at fault as the government.
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Post by maui1 on Jul 22, 2011 8:02:40 GMT -5
The free market is just as much at fault as the government.
it took everyone's greed to make the mess we made of our economic system...........if just one part of the system, would have stood against the blind greed exhibited by everyone involved, then the system would have been put in 'check' and the ponzi scheme would not have had the steam to move into the destruction phase that it did.
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Post by lifewasgood on Jul 22, 2011 8:07:53 GMT -5
Greed and Corruption. Fraudulent activities just to make more money. Why we still have a long way to go as we have not changed the environment which feeds the greed and corruption.
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usaone
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Post by usaone on Jul 22, 2011 8:18:19 GMT -5
There has always been greed and corruption and there always will be.
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Post by maui1 on Jul 22, 2011 8:19:03 GMT -5
and we haven't fixed the financial damage that we caused ourselves of these last few years. all we did was.........we just financed the problem, of the financing problem we had.
funny how the most basic of economic principle escapes the eyes of everyone......you can't fix debt by creating more debt..........i wonder when we, as a world, will finally come to that realization.
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Post by maui1 on Jul 22, 2011 8:20:49 GMT -5
There has always been greed and corruption and there always will be.
and the sun will rise again tomorrow, until it doesn't.
do i sound smart?
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Post by lifewasgood on Jul 22, 2011 8:24:36 GMT -5
As USAone says he accepts the greed and corruption as it has always been that way. As long as we accept being bent over and abused, than we should not expert the abuser to stop. Those that constantly point out the problem are ridiculed and labeled troublemakers. Painted as anti-government doom and gloomers which need to be marginalized. In reality, a balanced scale would work well about now.
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decoy409
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Post by decoy409 on Jul 22, 2011 9:40:44 GMT -5
You take away the free lunch they have been eating,and guess what.  |
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Post by maui1 on Jul 22, 2011 9:42:46 GMT -5
we are in a depression!
i relate our situation to that of being in a ship that has sunk, and we are trapped inside a lower deck that has air trapped in it, and that air is sustaining our life.
and.........all we have done since our ship went down, is to look for more oxygen containers on our floor and not for a solution to getting out of the ship alive.
having a little more time, and feeling good that we can live another day, does nothing to fix our problem. as the problem is..........no one is looking for a way out of our mess, and the end result will be us drowning when we are out of air which is inevitable
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Post by lifewasgood on Jul 22, 2011 10:18:28 GMT -5
The way out is through repeal of the Federal Reserve act and breakup of the central banking system. Break up all the Corporate Monopolies and put everyone on an equal level playing field.
What most fail to realize is this time really is different and has been coming for nearly 100 years. This is not a normal business cycle. The ability of the USA to work its way out of this is gone, sold overseas. The ability for us to reduce expenditures is gone as most of our money pays for entitlement programs and DOD. Cut those and the situation only gets worse. It is easy to suggest cutting public jobs, but that will only increase the unemployment numbers as there are no private sector jobs to replace them. We are trapped as you suggest in a sunken ship. We need a clean slate do over. The problems are so vast that trying to express them on a message boards is just no practical.
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decoy409
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Post by decoy409 on Jul 22, 2011 11:13:23 GMT -5
This is all part of 'The BIG Picture' which is WW3 that we are currently in named,'Currency Wars.'
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Post by silverbullet on Jul 22, 2011 12:01:27 GMT -5
"we are in a depression!
i relate our situation to that of being in a ship that has sunk, and we are trapped inside a lower deck that has air trapped in it, and that air is sustaining our life.
and.........all we have done since our ship went down, is to look for more oxygen containers on our floor and not for a solution to getting out of the ship alive.
having a little more time, and feeling good that we can live another day, does nothing to fix our problem. as the problem is..........no one is looking for a way out of our mess, and the end result will be us drowning when we are out of air which is inevitable"
Well said! From a generation that brought the world Disco Dancing, Jerry Springer and Professional Wrestling. Decoy has it right. We are a nation of Sheeple and too stupid to notice that we are getting boned over and over again.
For you guys that think a vault full of paper will save you...well...bend over and kiss your happy ass goodbye.
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