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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This Week's Carnival of Revolutions:
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Social Security Reform Thursday: Week Seventy-Three -- America, Slightly Better Than France.
Thursdays are good days for reform, because they fall between Wednesdays and Fridays.
That's why WILLisms.com offers a chart or graph, every Thursday or so, pertinent to Social Security reform.
This week's topic:
In The Long Run, We're All Debt.
What a coincidence that the decline in America's projected bond rating would begin just as Social Security begins paying out more than it takes in.
Hey, but at least we're slightly less awful than France.
On a more positive note, the solution (for Social Security, at least) is pretty straightforward.
We don't have to become junk status, if we are smart and reform Social Security before it's too late. Unfortunately, because 100% of Democrats and 15% of Republicans are apparently hoping for some fiscal excitement in the coming decades, we're left to rely on strong economic growth to bail us out of this mess.
I tend to be quite the optimist with regards to the economy, but with the automatic expiration of the Bush tax relief just a few years away, and the socialists currently in charge in Washington, that optimism has faded substantially in recent years.
Can we grow ourselves out of the Social Security crisis? Sure, but not if this sort of nonsense manages to become law, and not if we start hiking personal/corporate income taxes in the middle of a global tax-reduction trend.
We have time, but each day without Social Security reform is a day that the government commits theft of all of that glorious potential compound interest we could be earning.
Previous Reform Thursday graphics can be seen here:
-Week One (Costs Exceed Revenues).
Posted by Will Franklin · 26 July 2007 12:48 PM
Wow! When was the last time we had a Reform Thursday at WILLisms.com? I have been so confused on Thursdays without it...
Posted by: zsa zsa at July 26, 2007 02:43 PM
"commits theft of all of that glorious potential compound interest we could be earning."
It does not take a lot of industrial knowledge, clinical laboratory work, or common sense to take what you have paid into SS and calculate forty years of compound interest on half of your total SS payments(your withholdings and the employer matching.) A simple Excel or 123 spreadsheet only takes a few minutes to set up. Don't bother going to the SS website to see if they have one available.
Even calculating at a modest five percent, if is enough to make you fall out of your walker.
Posted by: Eneils Bailey at July 26, 2007 05:07 PM
Reform Thursdays - good to see it back.
#35 is still one of my top 5 RTs, though...
Posted by: Hoodlumman at July 27, 2007 04:07 PM
Yep! #35 with Howard Dean and the Salami will always have a special place in my heart for reform Thursday. Has anyone seen Howard Dean lately??? The Dems are probably hiding him...
Posted by: zsa zsa at July 30, 2007 08:32 AM
Posted by: Nathan at July 31, 2007 09:03 PM
Posted by: Abby at July 31, 2007 09:04 PM
Posted by: Tammy at July 31, 2007 09:07 PM
Posted by: Andy at August 3, 2007 11:50 PM
Posted by: Andy at August 3, 2007 11:51 PM
Posted by: Kimberly at August 3, 2007 11:52 PM
Posted by: Candice at August 3, 2007 11:55 PM
Posted by: Gabriel at August 3, 2007 11:56 PM
Posted by: Wayne at August 3, 2007 11:58 PM