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 Fifty-Two -- Socialist Security.
Thursdays are good days for reform, because they fall between Wednesdays and Fridays. Just because the status quo'ers got their way in 2005 does not mean the problem has gone away. Indeed, it's getting worse with each passing day. Thus, Reform Thursday continues.
That's why WILLisms.com offers a chart or graph, every Thursday, pertinent to Social Security reform.
This week's topic:
Social Security Is Socialist Security.
By now, it ought to be well-established that Social Security is on an unsustainable track. For myriad reasons, reform is absolutely crucial. For example, just as a refresher, note that the worker to beneficiary ratio is not where it was in the beginning of the program:
It's a demographic time bomb we know full well is coming, yet nearly every elected Democrat and a few elected Republicans have chosen to ignore-- to table-- the problem.
But did you know just how socialist Social Security really is?
It's more than just a socialist pyramid scheme in theory. It was, fittingly, thought up by a socialist.
Yeah, that's him on the left, there.
Posing for the University of Wisconsin's Socialist Club yearbook photo.
The Father of Socialist Security. And what a brilliant mind-- what wonderful foresight (that's sarcasm)-- he had (.pdf):
As they were drafting the original bill, Witte and his actuaries calculated the program’s revenues and expenses for forty-five years, until 1980. They predicted, with relative accuracy, the lengthening of the American life span and the growth of the elderly segment of the population, from 5.4 percent (or around 7 million) in 1935 to 11.3 percent (or more than 20 million) in 1980.
We can grow our way out of a lot of fiscal problems, but we can't grow our way out of the looming crisis in Social Security. And it is a crisis.
It's time for reform.
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 · 30 March 2006 09:53 PM
Boooooo! Socialist Security!!
Posted by: Zsa Zsa at March 31, 2006 11:25 AM