Table and Figures with Updated Long-Term Projections for Social Security (

[REACTIVATED IN CT]

http://www.cbo.gov/ftpdocs/60xx/doc6064/01-31-Long-Term_Projections.pdf


10 pages. Excerpt: "The Congressional Budget Office most recently released long-term (100-year) Social Security projections in The Outlook for Social Security .... As a result of both economic and technical revisions, those projections have changed slightly. The attached tables and figures present the updated projections. The Outlook for Social Security presented ranges of uncertainty around the central projections; those estimates will also be updated and will be posted in the near future." (U.S. Congressional Budget Office)

[LSparkle]

1. See Paul Krugman's Op-Ed today

It spells out -- in layman's language -- how projections about private Social Security accounts are WORSE than projections if we leave the system as it is. The Repugs are in a Catch-22: In order to hype privatization, they're going to have to project that the economy will grow at such a phenomenal rate that ... the system as-is will remain solvent for MANY decades to come.

[On the Road]

2. I Thought the Demographic Problem

was supposed to peak late in the century and start to improve. The CBO numbers show it getting worse into the 21st century. Are they using those anemic 1.9% growth rates?

[Gothmog]

3. krugman's editorial was great

Either Bush's plan does not work or the social security system is solvent.