@androydnyc I don't care what social security was supposed to be or not be. We should look at the facts and just see what is most practical. Stocks outperform bonds 95% of the time!!!!
Over 20 years, short term fluctuations are always smoothed out...
@aaasssfffdddiii i used YOU tense-- your lack of proofing is your problem
the purpose of requiring pension funds generally to be in certain instruments and not in others is to prevent the precise volatility issues that i illustrated in my post-- losing near 50% of valuation in one year negates the value of the S&P's consistent growth over time for those that need their money in that year-- and i mention 'insurance' only because that is what SSI was conceived as-- NOT an investment acct
@androydnyc I said obamacare WILL ruin health care, not that it already has. I made this point about the stock market earlier. You keep on making anecdotal references to stock market crashes, but you ignore that, over time, the stock market always goes up. As I said earlier, stocks outperform bonds 95% of the time over 20 years. I think insurance is for people who truly need it. If stocks are more practical, I don't see the problem.
@aaasssfffdddiii your claim that OB "ruined" HC when almost none of ObamaCare will go into effect until 2014 is silly-- and whether or not OB is "weak on foreign policy" is irrelevant to your back and forth on the economy.
finally, as to SS privatization-- what do you think the outcome would have been when the DJIA lost nearly 40% of it's "value" in the year before OB was even elected [14,093 w/e Oct 8, 2007 v 8378 w/e Oct20, 2008]?
do you actually have any concept of the purpose of "insurance"?
@aaasssfffdddiii reiterating your prior claims almost verbatim does not strengthen them-- you are incorrect in your claims as to a consensus on either that FDR policies DID extend the Depression or as to WHY those econs who agree to that v.general statement believe that to be so.
Krugman has posted on precisely this multiple times in the very recent past.
You are right. That's the impact of a heavy Recession and 2 Wars.
Debt Spending is more for President Obama's 2 years that for President Bush 4 years. Do we need more Debt Spending?
bkuehlhorn 5 months ago
your not being totally fair, reagans marginal tax rate of 70% was only in his first year. it went to 50% for a while then in the last 2 years was 29%
rellik1945 6 months ago
@androydnyc I don't care what social security was supposed to be or not be. We should look at the facts and just see what is most practical. Stocks outperform bonds 95% of the time!!!!
Over 20 years, short term fluctuations are always smoothed out...
aaasssfffdddiii 8 months ago
@aaasssfffdddiii i used YOU tense-- your lack of proofing is your problem
the purpose of requiring pension funds generally to be in certain instruments and not in others is to prevent the precise volatility issues that i illustrated in my post-- losing near 50% of valuation in one year negates the value of the S&P's consistent growth over time for those that need their money in that year-- and i mention 'insurance' only because that is what SSI was conceived as-- NOT an investment acct
androydnyc 8 months ago
@aaasssfffdddiii utter nonsense
androydnyc 8 months ago
@androydnyc I said obamacare WILL ruin health care, not that it already has. I made this point about the stock market earlier. You keep on making anecdotal references to stock market crashes, but you ignore that, over time, the stock market always goes up. As I said earlier, stocks outperform bonds 95% of the time over 20 years. I think insurance is for people who truly need it. If stocks are more practical, I don't see the problem.
aaasssfffdddiii 8 months ago
@aaasssfffdddiii your claim that OB "ruined" HC when almost none of ObamaCare will go into effect until 2014 is silly-- and whether or not OB is "weak on foreign policy" is irrelevant to your back and forth on the economy.
finally, as to SS privatization-- what do you think the outcome would have been when the DJIA lost nearly 40% of it's "value" in the year before OB was even elected [14,093 w/e Oct 8, 2007 v 8378 w/e Oct20, 2008]?
do you actually have any concept of the purpose of "insurance"?
androydnyc 8 months ago
@aaasssfffdddiii reiterating your prior claims almost verbatim does not strengthen them-- you are incorrect in your claims as to a consensus on either that FDR policies DID extend the Depression or as to WHY those econs who agree to that v.general statement believe that to be so.
Krugman has posted on precisely this multiple times in the very recent past.
androydnyc 8 months ago
@weak teahadist-- stop bogus spam flags-- either back your sh!t up or go hom
androydnyc 8 months ago