Tuesday, February 01, 2005

 

Be fair to geeks bearing gifts

Good, funny stuff from Mighty Matt on TAPPED:
ABOUT THAT WORKER-RETIREE RATIO.

Max Sawicky's gotten his hands on the apparently copyright-infringing GOP master document (PDF) telling legislators how to flack for the elimination of Social Security. There will be a lot to say about this over the coming days, but I thought I'd note one Republican talking point that seems to support our side's case:
In the 1950s, there were about 16 workers paying for every beneficiary. Today, there are about three -- and eventually, there will be only two workers to support each person on Social Security.
Right. Social Security survived the transition from a 16:1 worker/retiree ratio to a 3:1 worker/retiree ratio and now the Republicans expect us to believe that moving from 3:1 to 2:1 is impossible? The answer to the riddle, of course, is the magic of productivity growth. One worker circa 2005 -- armed with his higher median level of education, five decades of additional capital accumulation, massive technological improvements, and Flynn effect-driven increases in raw intelligence -- can produce the goods and services of many workers circa 1955. Similar trends will continue into the future and sharply mitigate the adverse demographic trends. That's to say nothing of the intelligent robots who'll be doing our work for us by the time the supposed crisis is upon us, giving us years of solvency in the time before they overthrow their masters.
Of course, assuming that all change in the future will be good is not necessarily justified. This kind of logic can just as easily be wrong as right.

However, one of the things about the future is that it is exactly that: stuff that hasn't happened yet. We can't predict, but we can project. And one way we project is to consider trends from the past to the present and then think what would happen if those trends continue. Productivity has never receded, it has only increased. It is, of course, possible that this trend will suddenly reverse itself, but there's no way to know how or when.

When you combine all the projections from people who are paid to make them, the idea that Social Security is in any kind of crisis, now or at any time in the foreseeable future, becomes just an infuriating lie. But it's a lie that is very difficult to refute without actually just coming out and calling Bush a liar, which, for some reason, most people resist. I mean, a president would never lie, would he? (Snort.)

Under these circumstances, ridicule may be the best way to dismiss the whole vile idea.
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Comments: "
Wow, I was just messing around and found your page!
Very nice.
If you are interested, go see my shopping related site.
It isnt anything fancy but you might still find something of interest.
 
" "
Hi!
I'm a true waterbury republican american

I am sure that the readers of your blog
are interested in reading about
waterbury republican american

Here's the website where they can!
waterbury republican american
 
" "
Hey, you have a great blog here! I'm definitely going to bookmark you!

I have a **christmas gift** site/blog. It pretty much covers ##all christmas gift needs##

Come and check it out if you get time :-)

**christmas gifts****for everyone**
 
" "
Hey, you have a great blog here! I'm definitely going to bookmark you!

I have a christmas gift site/blog. It pretty much covers gift ideas for christmas related stuff.

Come and check it out if you get time :-)
 
" "
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I have a golf gift site. It pretty much covers golf giftrelated stuff.

Come and have a look if you get time :-)
 
" Post a Comment

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