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quartz007

(1,216 posts)

15. Baby boomers are draining SS

Sat Feb 3, 2018, 11:27 PM

Feb 2018

They are retiring at high rates. Ratio of those collecting social security / those paying into social security is increasing ever year in the Western world. That situation is even more dire in Japan and Western Europe.

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The U.S. government is set to borrow nearly $1 trillion this year, an 84 percent jump from last year [View all] TomCADem Feb 2018 OP

Maybe all the GOP needs to do is cut taxes further, it'll trickle down. marble falls Feb 2018 #1

THAT is why the stock market dropped 666 points yesterday. SunSeeker Feb 2018 #2

Wrong! quartz007 Feb 2018 #10

The market started dropping early in the week. lapfog_1 Feb 2018 #17

The FED controls interest rates, not bond prices quartz007 Feb 2018 #18

Actually the bond markets control the yields on bonds. lapfog_1 Feb 2018 #20

LOL market analysts are no better quartz007 Feb 2018 #21

Velshi was not predicting the future, he was just explaining what is happening now. SunSeeker Feb 2018 #27

Why do they ALWAYS do postmortems? quartz007 Feb 2018 #29

Um, so people know why things are happening? SunSeeker Feb 2018 #30

40% of US workers have 401-K's quartz007 Feb 2018 #42

If you have a 403-B and can afford retirement, you are among the lucky. SunSeeker Feb 2018 #46

Huh? I am just a quartz007 Feb 2018 #47

A "low ranking government worker" is in a LOT better shape than most in the middle class. SunSeeker Feb 2018 #48

On that we agree! quartz007 Feb 2018 #49

Well, folks on Wall Street says it was fear of interest rate hikes. SunSeeker Feb 2018 #24

Correct! quartz007 Feb 2018 #28

Lots of folks have been predicting a stock market correction. SunSeeker Feb 2018 #31

Haha..but no dates specified! quartz007 Feb 2018 #43

Like I said, no one can predict the future. Certainly not with any precision. SunSeeker Feb 2018 #44

Not funny, I find them totally USELESS quartz007 Feb 2018 #45

The GOP screams the Dems are "tax and spend," but it's the Repugs that are "borrow and spend" LastLiberal in PalmSprings Feb 2018 #3

Borrow and blow. House of Roberts Feb 2018 #14

Why arent the tea baggers screaming about this? kimbutgar Feb 2018 #4

Because they like the raise quartz007 Feb 2018 #11

And dollars "borrowed" from Social Security"? mahannah Feb 2018 #5

Social Security has no excess money to lend quartz007 Feb 2018 #12

check history of ss dollars mahannah Feb 2018 #13

Baby boomers are draining SS quartz007 Feb 2018 #15

Um not fooled Feb 2018 #22

+++ and paid by the deductions from them but that's what we will hear soon - "draining" lunasun Feb 2018 #26

Maybe Trump can get the money BlueIdaho Feb 2018 #6

and the ignorant Republican/right wing rank and file will continue to ignorantly claim that... steve2470 Feb 2018 #7

The entire intent of the 'tax cuts' and thos borrowing is to bankrupt the government pangaia Feb 2018 #8

That's it. Corgigal Feb 2018 #16

Borrow and spend GETPLANING Feb 2018 #9

Spend and spend conservatives. But look at the the stock market. On second thought. ffr Feb 2018 #25

Someone has to pay for Mar A Largo....golf fees... yuiyoshida Feb 2018 #19

They're going to blame it on social programs. C Moon Feb 2018 #23

Unfortunately, its a lot more than the tax cut creating that. The budget junk will get Hoyt Feb 2018 #32

Trump is a one trick pony: make a deal, default on paying it, then say whatcha gonna do about it? DFW Feb 2018 #33

+1 dalton99a Feb 2018 #40

The economy will collapse duforsure Feb 2018 #34

Insolvency lies ahead bucolic_frolic Feb 2018 #35

If democrats had done this the right wing would be going even more crazy than usual workinclasszero Feb 2018 #36

T-bills enid602 Feb 2018 #37

Good luck finding buyers of treaduries kimbutgar Feb 2018 #38

Everything Donald Trump touches turns to shit. dalton99a Feb 2018 #39

Brought to us by Dyedinthewoolliberal Feb 2018 #41

k for visibility riversedge Feb 2018 #50