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« If There Was Real Justice In The World . . . | WILLisms.com | Trivia Tidbit Of The Day: Part 353 -- Shrinkage In The Budget Deficit. » Social Security Reform Thursday: Week Sixty-Two -- Those Dismal Rates Of Return.![]() Thursdays are good days for reform, because they fall between Wednesdays and Fridays. And reform is a long-haul process, not a fleeting event. So we're going to keep plugging along with the case for reform, even as the issue goes off the political radar screen. That's why WILLisms.com offers a chart or graph, every Thursday, pertinent to Social Security reform. This week's topic: Social Security's Diminishing Returns. As the DOW now hits a new record high day after day, it becomes even more frustrating that middle class Americans waste approximately 1 out of every 8 dollars earned in such an unproductive boondoggle. Simply put, Social Security is an increasingly terrible investment for Americans of all income levels. Let's take a look at the rates of return for middle income Americans: ![]() Okay, sort of boring and dull. But you can see that the trends are down. Each passing year brings lower rates of return for American workers. Here's a more fancy version, using the numbers for a medium income two-earner couple: ![]() Progress! It's time for reform.
Previous Reform Thursday graphics can be seen here: -Week One (Costs Exceed Revenues). Posted by Will Franklin · 12 October 2006 02:19 PM CommentsI am soooooo tired of that darn clock ticking! Posted by: Zsa Zsa at October 12, 2006 04:46 PM Please go to and sign the For Our Grandchildren Challenge to Congress. Since we’ve released the Promise, voices across the political spectrum are calling for a fix to Social Security’s problems. On October 2, Sebastian Mallaby of the Washington Post highlighted our pledge, writing, "If Democrats cared about poor women and minorities, they would be clamoring to reform Social Security.” On October 7, syndicated columnist Robert Novak also noted the pledge in his widely read column. Join us! Posted by: Heidi at October 12, 2006 08:08 PM Heidi, You good girl! I will get on that ASAP... Posted by: zsa zsa at October 12, 2006 08:22 PM Social Security. NOT! Posted by: zsa zsa at October 13, 2006 12:56 PM |