The Babe Theory Of Political Movements.
Mar. 21, 2005 11:50 AM
Iran's Sham Election In Houston.
June 20, 2005 5:36 AM
Yes, Kanye, Bush Does Care.
Oct. 31, 2005 12:41 AM
Health Care vs. Wealth Care.
Nov. 23, 2005 3:28 PM
Americans Voting With Their Feet.
Nov. 30, 2005 1:33 PM
Idea Majorities Matter.
May 12, 2006 6:15 PM
Twilight Zone Economics.
Oct. 17, 2006 12:30 AM
The "Shrinking" Middle Class.
Dec. 13, 2006 1:01 PM
From Ashes, GOP Opportunities.
Dec. 18, 2006 6:37 PM
Battle Between Entitlements & Pork.
Dec. 21, 2006 12:31 PM
Let Economic Freedom Reign.
Dec. 22, 2006 10:22 PM
Biggest Health Care Moment In Decades.
July 25, 2007 4:32 PM
Unions Antithetical to Liberty.
May 28, 2008 11:12 PM
Right To Work States Rock.
June 9, 2008 12:25 PM
Social Security Reform Thursday.
March 13, 2008
Caption Contest: Enter Today!
Due: July 29, 2008
The Carnival Of Classiness.
Mar. 14, 2006
Quotational Therapy: Obama.
Apr. 4, 2008
Mainstream Melee: Wolfowitz.
May 19, 2007
Pundit Roundtable: Leaks.
July 9, 2006
A WILLisms.com(ic), by Ken McCracken
July 14, 2006
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Social Security Reform Thursday: Week Thirty-Four -- People Living Longer Straining The System.
Thursdays are good days for reform, because they fall between Wednesdays and Fridays. And reform is a long-haul process, not a fleeting event.
That's why WILLisms.com offers a chart or graph, every Thursday, pertinent to Social Security reform.
This week's topic:
Growth In Life Expectancy Makes Social Security Untenable.
The Urban Institute notes that longer life expectancy, while certainly a good thing, means that people will receive Social Security benefits for much longer (.pdf):
Not only are more people beginning to collect Social Security benefits, they are projected to collect it for far longer than anyone in the early days of the program.
Unfortunately, resources are limited. We can't afford this profound growth in entitlement spending (and let's not forget that most spending growth in the Bush administration, 2001 to 2005, has come not from the dreaded pork barrel, but from large automatic increases in entitlement spending).
Meanwhile, the Baby Boom ended nearly half a century ago. Lower birthrates mean slower labor force growth today than when Social Security was set up in the 1930s. And labor force growth is projected to get even slower in the future (.pdf):
This is why reform is so imperative. More people, collecting more benefits, for longer, with less workers to pay for those benefits. It's not a recipe for a sustainable program.
The clock is ticking.
Previous Reform Thursday graphics can be seen here:
-Week One (Costs Exceed Revenues).
Tune into WILLisms.com each Thursday for more important graphical data supporting Social Security reform.
Posted by Will Franklin · 29 September 2005 10:22 AM
Yay! John Roberts is in!... Wouldn't you know Biden,Boxer,Clinton, Kennedy, Kerry, and all the other doofeses voted NO! Now if Social Security Reform could get the Yes green light we would be a much more secure nation for generations to come!...
Posted by: Zsa Zsa at September 29, 2005 11:02 AM
I am wondering if John Jr. is dancing???
Posted by: Zsa Zsa at September 29, 2005 11:18 AM