BW v BK on Social Security
Lewis Carroll subtitled the ‘Hunting of the Snark’ ‘an Agony in Eight Fits’. Those of you who want equivalent nonsense feel free to follow the link.
Krasting at Zero Hedge: Taking it Personal
They hunted till darkness came on, but they found
Not a button, or feather, or mark,
By which they could tell that they stood on the ground
Where the Baker had met with the Snark.
In the midst of the word he was trying to say,
In the midst of his laughter and glee,
He had softly and suddenly vanished away — –
For the Snark was a Boojum, you see.
Bruce, Are you attributing this to me? That is as silly as sugesting that I was in league with Biggs and Hassert. I publish everything, including my comments, in my own name.
Attributing what to you? That you are Lewis Carroll? That you are in fact a Boo-Jum?
At this point I am sorry I got pointed to your blog, it bought me nothing except a little trashing by you with an apparent assist by Biggs and got me on the wrong side of a major blogger who the siteowner is trying to establish a cross posting relationship.
Your math is bad. Social Security surpluses simply can’t go to zero in the time you suggest. You seem to have zero understanding that the current cash deficits are almost entirely on the Disability Insurance side of the equation, that the cost to fix DI in isolation is trivial (0.3% of payroll), and that CBO projects a much lower payroll gap than SSA.
And I am still puzzled about the attribution question
I think it is fair to tell you that your comment here strikes me as bizarre. Are you really saying that you think Bruce is attributing “the hunting of the snark” to you?
if so your brain does not work the way mine does.
With the shift of so much national income and at a greater percentage into bonus and executive compensation of all kinds, I wonder what the impact on the SS and Medicare trust funds would be if these forms of income were subject to the payroll taxes as is all the income of most working families.