You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #4: just to clarify something in your first paragraph [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU
Justitia Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-02-05 03:27 PM
Response to Reply #3
4. just to clarify something in your first paragraph
It takes less workers to support an individual retiree today because workers of today make higher wages. The right has tried to spin this as a bad thing, making it appear that it is unsustainable. In truth, wages rise higher than the cost of the program, so it only takes 2 workers contributing, not more, as in the past.

Changing the program (as Lindsay is trying to do) by tying it to prices vs wages would lower the benefit to retirees as wages rise faster than prices (why we need less workers per retiree today).

They are trying to be very clever with this, we must be alert to the sleight of hand.
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC