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Axiom
Joined: 18 Jan 2008
Location: Brisbane, Australia
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 Posted: Wed May 07, 2014 4:03 pm Post subject: |
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This is by no means an America only problem.
| World Traveler wrote: |
| America doesn't really have a huge aging problem. We have a very moderate aging problem, which could be handled in the federal budget with fairly modest changes to Social Security and Medicare. |
I am not sure where the author got this idea from. It doesn't seem to have come from the original census report which is an unemotional statement of facts and projections.
Looking at the figures you really have wonder if Japan isn't already deep into a downward spiral. They already have a 250% debt to GDP but even with all that public money they have still barely been able to register any economic growth for about two decades. Even dipping into recession a couple of times.
Japan has about the same percentage of aged population now as America will have in 2030.
America's future?? |
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radcon
Joined: 23 May 2011
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| Posted: Wed May 07, 2014 8:36 pm Post subject: |
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| World Traveler wrote: |
| radcon wrote: |
| 50% of Americans have ZERO retirement savings.Sobering stuff. |
Not true. (Unless they've been teaching in South Korea,) they've been paying into Social Security, which is matched by their employer. That's a lot of money.
| radcon wrote: |
| Those who are saving are having those funds drastically devalued by the FED who is printing money like mad. |
That's an extremely idiotic thing to say/believe. U.S. inflation: 1.5%. That's almost nothing. |
Inflation at 1.5% you say. Wake up man. Do you not eat? Why do official inflation rates choose not to include the two most important things all people need: food and fuel. Food prices are rising double digit percentage points annually. |
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World Traveler
Joined: 29 May 2009
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| Posted: Wed May 07, 2014 8:56 pm Post subject: |
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| Gasoline prices fell for a third straight month. |
http://www.reuters.com/article/2014/04/15/us-consumer-prices-idUSBREA3E0V220140415
Here's the one counting everything:
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| In the 12 months through March, consumer prices increased 1.5 percent |
Here's the one not counting food and fuel (the less relevant one, according to you):
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| The core CPI advanced 1.7 percent |
So, yeah, inflation is 1.5%. |
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Fox
Joined: 04 Mar 2009
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| Posted: Wed May 07, 2014 9:12 pm Post subject: |
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| radcon wrote: |
Inflation at 1.5% you say. Wake up man. Do you not eat? Why do official inflation rates choose not to include the two most important things all people need: food and fuel. Food prices are rising double digit percentage points annually. |
Because letting the common citizenry (who are poor and spend a large portion of their budget on food and energy) see just how much they're getting fleeced for the sake of maintaining the status quo for the economic elite might actually spur them to do something about it. "Don't worry Tom the lawnmower man, maybe food is really expensive, and maybe heating your home is really expensive, but at least your iPad won't be." And then they use the fact that Tom the lawnmower man has an iPad to insist he's not poor in the first place! As if being able to afford cheap electronics made one economically secure. |
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World Traveler
Joined: 29 May 2009
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| Posted: Wed May 07, 2014 9:15 pm Post subject: |
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| Quote: |
| The Consumer Price Index increased 0.2 percent in March |
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| The so-called core CPI, which strips out volatile energy and food components, also rose 0.2 percent. |
The two rates are nearly identical. They are not hugely different. |
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World Traveler
Joined: 29 May 2009
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| Posted: Thu May 08, 2014 5:02 am Post subject: |
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Some interesting news I read today:
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| The United States has been the global leader since overtaking the UK back in 1872. |
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| The United States remains the world's largest national economy by a substantial margin. |
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| At market exchange rates, the American economy is still almost double the size of China's |
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No_hite_pls
Joined: 05 Mar 2007
Location: Don't hate me because I'm right
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World Traveler
Joined: 29 May 2009
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guavashake
Joined: 09 Nov 2013
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| Posted: Sun May 11, 2014 12:48 am Post subject: |
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No thank you, I think USA is a good country.
I don't know that it is possible to hate a country.
If someone hates a country, that is an unusual concept to me.
A country is an area of land. I don't hate any area of land. |
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radcon
Joined: 23 May 2011
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| Posted: Sun May 11, 2014 3:09 am Post subject: |
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| World Traveler wrote: |
Some interesting news I read today:
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| The United States has been the global leader since overtaking the UK back in 1872. |
| Quote: |
| The United States remains the world's largest national economy by a substantial margin. |
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| At market exchange rates, the American economy is still almost double the size of China's |
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Your point being? Yes well all know the US has the largest GDP in the world which makes it all the more ridiculous and shameful that there are homeless, hungry people and a lack of affordable health care and good jobs for its citizens. |
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bmaw01
Joined: 13 May 2013
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wishfullthinkng
Joined: 05 Mar 2010
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World Traveler
Joined: 29 May 2009
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| Posted: Sun May 11, 2014 9:28 pm Post subject: |
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Cute comic. Too bad it's factually inaccurate. Government spending on education: over a trillion a year.
http://www.usgovernmentspending.com/us_education_spending_20.html
Incarceration spending: a very small fraction of that.
Not everyone should be going to college for free with the government picking up the whole tab. Asking for people to pay a portion helps weed out those who shouldn't be there (those whose hearts are not really in it). |
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wishfullthinkng
Joined: 05 Mar 2010
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| Posted: Sun May 11, 2014 10:39 pm Post subject: |
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| World Traveler wrote: |
Cute comic. Too bad it's factually inaccurate. Government spending on education: over a trillion a year.
http://www.usgovernmentspending.com/us_education_spending_20.html
Incarceration spending: a very small fraction of that.
Not everyone should be going to college for free with the government picking up the whole tab. Asking for people to pay a portion helps weed out those who shouldn't be there (those whose hearts are not really in it). |
who are you or anyone else to say who should or shouldn't be in college? i'm sorry, but everyone should have a chance for education whether your elitist mind thinks that they "deserve to be there" or not.
where does it say anything about the exact amount of government spending? just because the numbers aren't exactly as you think they are doesn't change the fact that public funds are increasingly being taken from education and put into stupid endeavors like prisons (http://www.naacp.org/pages/misplaced-priorities). take off the blinders weird rambler and see the world. you've become a joke at this point and i would be surprised if anyone actually took you seriously.
your blind patriotism is actually the mentality that is making america worse and what a cruel irony that you don't see it. |
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bmaw01
Joined: 13 May 2013
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| Posted: Mon May 12, 2014 6:44 am Post subject: |
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| wishfullthinkng wrote: |
| World Traveler wrote: |
Cute comic. Too bad it's factually inaccurate. Government spending on education: over a trillion a year.
http://www.usgovernmentspending.com/us_education_spending_20.html
Incarceration spending: a very small fraction of that.
Not everyone should be going to college for free with the government picking up the whole tab. Asking for people to pay a portion helps weed out those who shouldn't be there (those whose hearts are not really in it). |
who are you or anyone else to say who should or shouldn't be in college? i'm sorry, but everyone should have a chance for education whether your elitist mind thinks that they "deserve to be there" or not.
where does it say anything about the exact amount of government spending? just because the numbers aren't exactly as you think they are doesn't change the fact that public funds are increasingly being taken from education and put into stupid endeavors like prisons (http://www.naacp.org/pages/misplaced-priorities). take off the blinders weird rambler and see the world. you've become a joke at this point and i would be surprised if anyone actually took you seriously.
your blind patriotism is actually the mentality that is making america worse and what a cruel irony that you don't see it. |
He doesn't speak for all Americans. lol..
Probably a Republican who lives in Alabama. NJ people can't stand southern people. |
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