Social Security.

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Comments

  • macgyver06
    macgyver06 Posts: 2,500
    miller8966 wrote:
    You cant live off of social security alone..to many people for the system to work.

    And the rich shouldnt be heavily taxed to support the poor.

    lol....the poor support the rich.
    this is social security.
  • jlew24asu
    jlew24asu Posts: 10,118
    JamMastaE wrote:
    you think that shits funny,look up the definition of "third world country"moron.
    o boy, here we go.
  • JamMastaE
    JamMastaE Posts: 444
    jlew24asu wrote:
    this is the dumbest thing I ever heard



    what rock you live under?
    "In the beginning of a change the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot". Mark Twain


    "I would rather die on my feet than to live on my knees."
    Emiliano Zapata
  • JamMastaE wrote:
    you think that shits funny,look up the definition of "third world country"moron.

    Ok.

    http://en.wikipedia.org/wiki/Third_World

    Now, how do you back any of your statements up?

    You talk about our "debt we'll never get out of". A single half year's GDP in this country could take care of the entire debt. In your "third world", no such thing is possible.

    You speak of "delusion and denial", but you're the one who's primarily delusional and in denial as you type out "third world" on a computer in a house with a full stomach covered by clothing.

    Why don't you go visit a third world nation, my friend. Then we'll talk about words like "moron".
  • macgyver06 wrote:
    you are aware the output of money exceeds the input..

    I can see why you are alarmed.

    No, that will happen around 2018. But our previous surplus then will last until 2052 at which time input will still be at least 80% of output.
  • jlew24asu
    jlew24asu Posts: 10,118
    JamMastaE wrote:
    what rock you live under?
    I live on top of them. the view is magnificent
  • JamMastaE
    JamMastaE Posts: 444
    Ok.

    http://en.wikipedia.org/wiki/Third_World

    Now, how do you back any of your statements up?

    You talk about our "debt we'll never get out of". A single half year's GDP in this country could take care of the entire debt. In your "third world", no such thing is possible.

    You speak of "delusion and denial", but you're the one who's primarily delusional and in denial as you type out "third world" on a computer in a house with a full stomach covered by clothing.

    Why don't you go visit a third world nation, my friend. Then we'll talk about words like "moron".



    US productivity growth lowest for a decade

    Chris Giles
    Financial Times
    Tuesday, January 23, 2007

    The US economy last year recorded its lowest rate of labour productivity growth in more than a decade, with growth in output per hour worked falling behind the EU and Japan. The fall casts further doubt on the ability of the Federal Reserve to cut interest rates as the US economy slows.

    Research to be published on Tuesday by the Conference Board, the international business organisation, shows that US labour productivity in the whole economy grew by 1.4 per cent in 2006 as slower economic growth was combined with a rapid rise in employment.

    Gail Fosler, the chief economist of the Conference Board, told the Financial Times that the fall in productivity growth was unlikely to be cyclical and the result of weaker gains in services' industries, raising "concerns about the long-lasting productivity impact of information and communications technology".

    If weak productivity growth continues, she said, "even in a slow growth environment, the US economy will be performing close to its potential", restricting the Fed's ability to cut interest rates.

    Better economic figures released this year, alongside emerging signs of a slowdown in US economic potential, has led to tumbling market expectations of a rate cut in recent weeks. Investors now believe that there is only about a 10 per cent chance of a reduction in official interest rates by the May meeting of the Fed's interest rate-setting committee, according to the Federal Reserve Bank of Cleveland.

    The US slowdown in whole economy productivity growth over the past three years - to a rate half that in 2002 and 2003 - contrasts with rising productivity growth in Japan, on the back of a surge in manufacturing exports on the Conference Board's internationally comparable figures.

    Japan's labour productivity grew by 2.5 per cent in 2006 as manufacturing companies took advantage of new demand from China in addition to its traditional export destinations.

    Europe improved its productivity performance considerably last year as it enjoyed its first year of strong economic growth since 2000. However, the improvement in Nordic countries and Germany masked continued weakness in southern Europe, where growth was generated by surging employment rather than an improvement in the efficiency of the economies of Spain, Italy and Portugal.

    The Conference Board recorded that productivity growth remained extremely high in emerging countries of China, India and Eastern Europe, as inefficient companies fell away and huge numbers of workers moved from relatively inefficient sectors such as agriculture to manufacturing.

    China recorded 9.5 per cent productivity growth in 2006, while India achieved 6.9 per cent and the 12 new EU member states achieved 4.1 per cent growth.




    this is the trend,the slippery slope we are now on,we also import more food than we make now.hey dumb-ass don't you know wallstreet and the stock market are frauds and do not reflect our true state.guess you'll just have to wake up one day and have it slam you in the face.(the truth)
    "In the beginning of a change the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot". Mark Twain


    "I would rather die on my feet than to live on my knees."
    Emiliano Zapata
  • JamMastaE
    JamMastaE Posts: 444
    oh and third world means out of the global economic loop,not dirt roads,mud huts and chicken raising or lack of clothing.
    "In the beginning of a change the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot". Mark Twain


    "I would rather die on my feet than to live on my knees."
    Emiliano Zapata
  • jlew24asu
    jlew24asu Posts: 10,118
    JamMastaE wrote:
    oh and third world means out of the global economic loop,not dirt roads,mud huts and chicken raising or lack of clothing.
    your lack of understanding of reality is amazing. how old ru 17? 18?
  • JamMastaE wrote:
    US productivity growth lowest for a decade

    Chris Giles
    Financial Times
    Tuesday, January 23, 2007

    The US economy last year recorded its lowest rate of labour productivity growth in more than a decade, with growth in output per hour worked falling behind the EU and Japan. The fall casts further doubt on the ability of the Federal Reserve to cut interest rates as the US economy slows.

    Research to be published on Tuesday by the Conference Board, the international business organisation, shows that US labour productivity in the whole economy grew by 1.4 per cent in 2006 as slower economic growth was combined with a rapid rise in employment.

    Gail Fosler, the chief economist of the Conference Board, told the Financial Times that the fall in productivity growth was unlikely to be cyclical and the result of weaker gains in services' industries, raising "concerns about the long-lasting productivity impact of information and communications technology".

    If weak productivity growth continues, she said, "even in a slow growth environment, the US economy will be performing close to its potential", restricting the Fed's ability to cut interest rates.

    Better economic figures released this year, alongside emerging signs of a slowdown in US economic potential, has led to tumbling market expectations of a rate cut in recent weeks. Investors now believe that there is only about a 10 per cent chance of a reduction in official interest rates by the May meeting of the Fed's interest rate-setting committee, according to the Federal Reserve Bank of Cleveland.

    The US slowdown in whole economy productivity growth over the past three years - to a rate half that in 2002 and 2003 - contrasts with rising productivity growth in Japan, on the back of a surge in manufacturing exports on the Conference Board's internationally comparable figures.

    Japan's labour productivity grew by 2.5 per cent in 2006 as manufacturing companies took advantage of new demand from China in addition to its traditional export destinations.

    Europe improved its productivity performance considerably last year as it enjoyed its first year of strong economic growth since 2000. However, the improvement in Nordic countries and Germany masked continued weakness in southern Europe, where growth was generated by surging employment rather than an improvement in the efficiency of the economies of Spain, Italy and Portugal.

    The Conference Board recorded that productivity growth remained extremely high in emerging countries of China, India and Eastern Europe, as inefficient companies fell away and huge numbers of workers moved from relatively inefficient sectors such as agriculture to manufacturing.

    China recorded 9.5 per cent productivity growth in 2006, while India achieved 6.9 per cent and the 12 new EU member states achieved 4.1 per cent growth.

    Hehe...this is all you got? One year of slowing growth? Comparing that slow growth to emerging economies that should be seeing larger growth as they overcome previous inadequacies? Yeah, third world here we come.

    Why don't you check this out:

    ftp://ftp.bls.gov/pub/special.requests/opt/dipts/ipr.airt.txt

    Now, look at 1991, a year comparable to 2006. How come we weren't third world in 1992?

    this is the trend,the slippery slope we are now on,we also import more food than we make now.hey dumb-ass don't you know wallstreet and the stock market are frauds and do not reflect our true state.guess you'll just have to wake up one day and have it slam you in the face.(the truth)

    Hehe....this shit is priceless.
  • JamMastaE wrote:
    oh and third world means out of the global economic loop,not dirt roads,mud huts and chicken raising or lack of clothing.

    Then we're not third world at all. We are still the world's primary participant in the "global economic loop".
  • miller8966
    miller8966 Posts: 1,450
    Just because our economy is slowing down does not mean we are entering the third world.

    As for social security. if you make more you should retire with more.
    America...the greatest Country in the world.
  • jlew24asu
    jlew24asu Posts: 10,118
    JamMastaE wrote:
    this is the trend,the slippery slope we are now on,we also import more food than we make now.hey dumb-ass don't you know wallstreet and the stock market are frauds and do not reflect our true state.guess you'll just have to wake up one day and have it slam you in the face.(the truth)
    dude are you serious? we import more food than we make? the wallstreet and the stock market are frauds? how so?

    I cant even go on I give up
  • miller8966
    miller8966 Posts: 1,450
    lol.

    Im a proud supporter of wallstreet.
    America...the greatest Country in the world.
  • jlew24asu
    jlew24asu Posts: 10,118
    Jam Masta E do you have a new album coming out soon? I'd love to hear some of your dope raps.
  • The food import/export issue is funny. I believe the united states has been a net importer of food for a grand total of 3 months in the last 50 years. Meanwhile, we are the world's largest exporter of food and will be for the foreseeable future.
  • macgyver06
    macgyver06 Posts: 2,500
    jlew24asu wrote:
    Jam Masta E do you have a new album coming out soon? I'd love to hear some of your dope raps.

    when jlew comes marching home again... hes gay, hes gay
    when jlew comes marching home again... hes gay, hes gay

    :)
  • jlew24asu
    jlew24asu Posts: 10,118
    macgyver06 wrote:
    when jlew comes marching home again... hes gay, hes gay
    when jlew comes marching home again... hes gay, hes gay

    :)
    thats a rap? sounds more like a gay little jingle. not that theres anything wrong with that. I support your lifestyle and your right to marry.

    http://www.maxkava.com/uploaded_images/mcgyver-704190.jpg
  • JamMastaE
    JamMastaE Posts: 444
    jlew24asu wrote:
    your lack of understanding of reality is amazing. how old ru 17? 18?



    WOW...you don't have a clue do you.thats why things are so bad,too many clueless people like you.
    "In the beginning of a change the patriot is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot". Mark Twain


    "I would rather die on my feet than to live on my knees."
    Emiliano Zapata
  • jlew24asu
    jlew24asu Posts: 10,118
    JamMastaE wrote:
    WOW...you don't have a clue do you.thats why things are so bad,too many clueless people like you.
    dude you think america imports more food then it exports. and i'm clueless?

    America is a third world country?


    sorry man being clueless for you is a huge understatement