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Subject:  Re: An Idea for Secessionist Traitors/Babies Date:  11/15/2012  1:28 PM
Author:  jerryab Number:  1837010 of 2098714

Funny how there were no problems under Clinton
You know what else is funny? Why don't you look up when the baby boomers started retiring. That's when the two most unsustainable entitlement programs began to spin out of control.

PS Who ran congress under Clinton? I only ask because that's where the final budget resolutions come from.

Looks like you have a passion for ignoring what was told to that same conservative-controlled Congress under GWB--in Jan 2001. What they were told was very simple. Given the current conditions and projections, the US debt was expected be paid off by 2010. Plus, there was no expected problem with the retirement of the boomer generation and its impact on the Social Security system.

Just tell us what part of that you do not understand.

And, just to prove I do know of what I write, here it is:

"These most recent indications have added to the accumulating evidence that the apparent increases in the growth of output per hour are more than transitory."

"Reflecting the uncertainties of forecasting well into the future, neither the OMB nor the CBO projects productivity to continue to improve at the stepped-up pace of the past few years. Both expect productivity growth rates through the next decade to average roughly 2-1/4 to 2-1/2 percent per year--far above the average pace from the early 1970s to the mid-1990s, but still below that of the past five years."