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Cake day: June 15th, 2023

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  • I grew up one county away from Middletown Ohio. It’s nothing like the other Appalachian counties I’ve been in. It’s like a very rural suburb of Cincinnati. You’re 5~10 miles from a crap ton of big city amenities. I went there all the time for sports, and they came to my much more urban high school to play too. Yes, it’s got some very large rural areas but it’s not geographically isolated the way the rest of Appalachia is and has parts of it that are very suburban (vs truly rural).


  • Webster@lemmy.worldtoScience Memes@mander.xyzCEPHALOPODS
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    2 months ago

    It’s so hard to figure out this stuff … but as a guy into computers who was debating going into academia instead of the field, this is what I did …

    I took the money, but lived like I had only the academic salary and invested the rest. 15 years in, life is pretty cushy, I’ve found a relaxing niche in my field that I like my job, but it’s basically optional as long as I stay willing to live like an academic. But there were definitely some pains to get here. I might quit and go back, I might quit and travel, or quit and do a start up, but I like my job a lot now so I’m keeping at it.











  • Apologies, but your specific example is incorrect. The cap on social security taxes is adjusted every year not by act of congress, but by existing law that indexes the cap to inflation. Therefore, it is already baked into the way it is scored and is not ignored.

    You are correct that scoring cannot take into account any actions congress may take.

    This time is a little different though than history. From 1984-2020, Social Security took in more in revenue than it paid out on benefits. It is now running at a deficit. Since being formed, it has run at a deficit less than 15 total years, and most of them earlier on. The social security trust fund has never been depleted during that time either. Without any changes to law, it will continue to run at a deficit until the late 2030s when the trust fund would be depleted and taxes alone would cover a projected 80% of benefits.

    That 80% is why it’s bullshit to your point. There are so many simple, easy ways to solve this and if they do nothing, we could continue to pay out 80% of benefits with no other changes but that’ll never happen. It would be political suicide to literally starve our retired population. My favorite way to address it is removing the cap, but there’s other small adjustments that make a huge difference. Things like changing the inflation adjustment to a similar but lower index, raising the retirement age, raising the tax by less than a percent, means testing, etc … and the thing that pisses me off is the sooner we take one of these actions, the more of the trust fund is preserved, and the impact is so much greater. I don’t like the other solutions and would strongly prefer raising the cap, but I’d take most of them over inaction, depleting the trust fund, and reducing benefits.