Re: Projections in the State of the Union address.

Brian D Williams (talon57@well.com)
Fri, 22 Jan 1999 06:50:53 -0800 (PST)

From: "Alexander 'Sasha' Chislenko" <sasha1@netcom.com>

>In the State of the Union Address, Clinton suggested that
>some quantitative projections:

>- number of elderly Americans set to double by 2030
>- Social Security trust fund will be exhausted by 2032
>- total budget surplus in the next 15 years will be 4 trillion
>dollars
>- the proposed investment plan of 60% of the budget surplus will
>keep Social Security sound for 55 years.

Seriously delusional, one of the unnamed assumptions would be that this would mean a republican house and senate for the duration of the prediction. One democratic version would wipe this all out.

As the population ages, immigration will increase.

And has been pointed out, there is no real surplus, its just politically correct economics.

Brian
Member, Extropy Institute
www.extropy.org