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View Diary: "Social Security Won't Be There" - The GOP's Desperate Big Lie (63 comments)

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  •  You cite one of 4 scenarios (8+ / 0-)

    That assumes 20 more yrs of recession, super low workforce growth, that the BLS laffs at. No wage growth, even Min wage increases over 20 yrs, Job creation numbers that keep 15% looking for work- 23 million people currently.

    Intermediate scenario

    2.1% GDP growth
    .4% workforce growth thru 2033

    Low cost scenario

    2.8% GDP growth
    .7% workforce growth

    BLS says .7% thru 2050, 3 to 3.5% GDP growth is considered as good as it could get thru 2033.

    SO if you want to predict the worst economic downturn in 500 years since the black Plague........ killed half the human race off...............

    ...... Social Security blogathon March 25th thru March 29th. #HandsOffmySS FDR 9-23-33, "If we cannot do this one way, we will do it another way. But do it we will.

    by Roger Fox on Fri Mar 01, 2013 at 07:27:11 PM PST

    [ Parent ]

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