Social Security video

[Mutley]

I'm not pushing this video as truth; I just want to know what you guys think about it.

http://www.rockthevote.com/socialsecurity/getitstraight.php

[papau]

1. Excellent - conforms to all known actuarial Truth - and does it well!

I suggest you start pushing this video as truth.

papau (Fellow of the Society of Acturies, Associate of the Academny of Acturies, practicing pension actuary, and Enrolled Actuary by IRS for IRS/DOL/PBGC pension work purposes under ERISA.)

[Mutley]

2. I was thinking this as well.

But I wanted some confirmation from my more educated DU peers.

[papau]

3. Use my Name if you like! - The video says there may be a need for

1/3 of the Bush tax cut to be repealed down the line - this is based on a very Conservative "middle" projection by the SSA Actuaries.

The also conservative "high" projection by the SSA (but not quite as conservative as the "middle" projection) shows no need for any change at any time- there will be no need for changes including older retiremt ages for "full benefits" or any new taxes at anytime in the future (the projection only goes out 75 years - but that seems enough for me!)

:-).

[Mutley]

4. That does seem like enough for now.

They can certainly keep an eye on it in the mean time to make sure it's okay, but it is not nearly in as much trouble as Bushco would like it to be.