Tuesday, February 11, 2020
Monday, February 10, 2020
OK geezer
Whatever happened to 65 and out? ... Can you name a single institution of American life that’s functioning better today than it was before the boomers took over?
Matthew Hennessey must be like 120 years old to know how things were before the boomers took over.
Someone really should tell this guy full retirement age is 66-67, not 65, for people born in 1943 and later. To get what people used to get at 65, THEY MUST WORK LONGER.
There are 10.347 million 65 and older working in 2019 on average. The 65s were born in 1954. There's 4.07 million right there. They hit full retirement age this year, at 66. But after that it starts stretching out: 66 years 2 months if born in 1955, then 66 years 4 months, and so on until 1960 when full retirement age is 67 years old. And there's over 4 million in each of those years, too. So you think it's bad now, just you wait Henry Higgins, just you wait.
Go ask these people if they wish they could retire already. A majority of them would rather be among the 42 million their age who are no longer in the labor force. And that will become more true with every passing year. Believe me.
Meanwhile 48 million GenXers are employed. They are not being stifled by 10 million who refuse to retire.
Spending in 2020 on Social Security, Medicare and Medicaid to hit $2.19 trillion
[S]pending on the “big three”—Social Security ($1.1 trillion), Medicare
($679 billion) and Medicaid ($418 billon)—will be approximately $2.19 trillion in 2020, nearly three times more than defense spending ($738 billion).
Sunday, February 9, 2020
Climate update for Grand Rapids, Michigan, January 2020: We're all going to die :)
Climate update for Grand Rapids, Michigan, January 2020
Max temp 49, mean 48
Min temp 11, mean -3
Average temp 31.3, mean 23.8
Precipitation 3.65, mean 2.07
Snowfall 11.5, mean 18.5
Heating degree days 1036, mean 1270
HDD season to date 3436, mean 3756
Minimum temperature was tied for 7th highest ever for a January.
Average temperature was the 6th highest ever for a January.
Precipitation was the 14th highest ever for a January.
Heating degree days were the 6th lowest ever for a January.
Season to date the winter has been 8.5% warmer than the mean using heating degree days, but still 7.9% colder than the 2011-2012 season to date of 3183 HDD. The 2011-2012 full season was the warmest winter on record in Grand Rapids using HDD.
This box of rocks graduated with honors from Boston University with a BA in international relations and economics in 2011
John Maynard Friedman strongly disagreed:
How can I accept the Communist doctrine, which sets up as its bible, above and beyond criticism, an obsolete textbook which I know not only to be scientifically erroneous but without interest or application to the modern world? How can I adopt a creed which, preferring the mud to the fish, exalts the boorish proletariat above the bourgeoisie and the intelligentsia, who with all their faults, are the quality of life and surely carry the seeds of all human achievement? Even if we need a religion, how can we find it in the turbid rubbish of the red bookshop? It is hard for an educated, decent, intelligent son of Western Europe to find his ideals here, unless he has first suffered some strange and horrid process of conversion which has changed all his values.
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