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| subject: | (1/2) Welfare |
Replying to a message of Bob Klahn to Roy Witt: TW>>>>> They WHY are the Liberals Sweating Bullets and puling out theri RW>>>> hair TW>>>>> over how to "SAVE" Social Secutriy which is bacicly bankrupt RW>>>> whith TW>>>>> only TWO perople paying in to suport the system?"? RW>>>> Make that two people paying in to support one recipient. In a few RW>>>> years, that number will be going up, 3:1... TW>>> Since the Teend of those qualifying to draw it just HOW can the TW>>> number paying in GO UP?? RW>> I reversed my ratio...it should read 1:3 and it's already RW>> here. RW>> "Those who want to overhaul Social Security make their case RW>> with the following numbers: in 1960 there were more than RW>> five workers for each beneficiary; today there are 3.3 RW>> workers; by 2030 there will be only two workers for each RW>> beneficiary." BK> In 1960 the index of productivity for business was 52.61, in BK> 2005 it was 136.6. That is an increase of just under 260%. BK> For 3.3 workers per recipient that's a burden of 30% per worker. For BK> 5 workers per recipient that's a burden of 20% per worker. BK> The increase in burden from 5 per recipient to 3.3 per recipient is BK> 50%. BK> 50% increase in burden, 260% increase in productivity. BK> Just running some quick numbers from the Stat Ab. BK> Increasing productivity can balance decreasing numbers of BK> workers... however... BK> Industry is where productivity increases most easily. And BK> industry is leaving the country. I get a honk out of your fixation on productivity. AAMOF, one can be efficient as h*ll and productive as h*ll and neither accomplish nor make anything of value - or FTM anything at all. But one is very efficient at doing it. IMO it's a pretty much meaningless measure. There are thousands of jobs in this country that could be abolished overnight and affect only those who lost them - IOW would have *no* effect on production or productivity. For example, *all* jobs connected in any way with the Internet. Those employed in those jobs are no doubt very productive and very efficient at them, but they're also very unnecessary. --- FleetStreet 1.19+* Origin: Bob's Boneyard, Emerson, Iowa (1:300/3) SEEN-BY: 10/1 3 11/331 34/999 120/228 123/500 128/2 187 140/1 226/0 236/150 SEEN-BY: 249/303 250/306 261/20 38 100 1381 1404 1406 1410 1418 266/1413 SEEN-BY: 280/1027 633/260 267 712/848 800/432 2222/700 2320/100 105 200 SEEN-BY: 5030/1256 @PATH: 300/3 14/5 140/1 261/38 633/260 267 |
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