(Update: input numbers by Coberly the Office of the Actuary of SSA; calculations and output numbers by Coberly) Click to enlarge. This is what the result of implementing DI and OAS Triggers immediately would look like. 100% of scheduled benefits, no increase in retirement age, ending Trust Fund ratio of 123. This should be considered […]
rdan Bloomberg reports on Timothy Geithner committed to cutting the budget deficit as concern about deteriorating U.S. creditworthiness deepened, and ascribed a sell-off in Treasuries to prospects for an economic recovery. “It’s very important that this Congress and this president put in place policies that will bring those deficits down to a sustainable level over […]
by cactus It Rarely Happens But What Goes Around Can, Potentially, Come Around Dear Mr. Obama, Incriminating information about a certain individual has come to my attention. In the 1980s, this individual praised and defended a small cabal that worked its way into the highest levels of government and then sold modern American military equipment […]
rdan Executive summary of EBRI stats on: Income of the Elderly Population Age 65 and Over, 2005 • Latest data: This article reviews the latest available data on the older population’s income (age 65 and older), how it has changed over time, and the elderly’s reliance on these sources. • Social Security still dominant: In […]
by Bruce Webb, data by Coberly Coberly has now produced new spreadsheets updated in light of the new numbers of the 2009 Report. Copies of past and current spreadsheets are available at our Google Group RealSocialSecurityFix‘s Northwest Plan page. (It should be viewable by anyone). The new Trigger ones linked below.(UPDATE: Hot off the press, […]
Cross posted by Linda Beale, ataxingmatter Linda Beale has a take on tax competition and real costs hidden by gaming the system. Who does pay for the US Naval protection of commerce in the world? Tax Competition: why it is not a good thingThe Tax Foundation is one of those purported think tanks that preaches […]
GoogleLookup, for the datasheet that gets dumped into a database and updates the model regularly. Or just for fun. Consider this a PSA.
rdan Mark Thoma at Economist’s View offers a look at Jeff Sachs (in Scientific American) notions of the correctness of a ‘global’ basket of currencies to be used as a substitute for the US dollar. China has now proposed that … nations peg their currencies to a representative basket of others rather than to the […]
Because a world without Leonard Cohen songs readily available to all in Frisian is not a world we want to live in: plagiarism confession: This post is entirely copied from Brad DeLong who quoted Justin FoxJustin Fox. See Maureen Dowd — that wasn’t so hard was it ?
Susan of Texas has an immortal post on the housing crisis, McMegan’s ratiocination, and the persistence of ignorant memes. The money quote: McArdle doesn’t refute facts, she hen-pecks at the methods used to gather information. That way she doesn’t actually have to prove anything, she just casts enough aspersions on the data to confuse the […]