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Re:The theory of infectious origin of the Alzheimer’s disease by snazz on Friday March 27, 2020 @04:09PM (#22706335)
Re:The theory of infectious origin of the Alzheimer’s disease by melling on Friday March 27, 2020 @04:23PM (#22706487)
Includes the $2 trillion package about to be signed?
Re:The theory of infectious origin of the Alzheimer’s disease by oDot on Friday March 27, 2020 @06:41PM (#22707563)
There's a different clock on there for unfunded liabilities at $132T. If that package is unfunded, it's not even a dent to the overall.
Re:The theory of infectious origin of the Alzheimer’s disease by wahern on Friday March 27, 2020 @07:19PM (#22707769)
Unfunded liabilities are future liabilities projected out 75 years.

Much of it will never come to pass. For example, the part that constitutes Social Security can and almost certainly will be mostly wiped away in an instant by increasing the retirement age by a few years and increasing the payroll tax cut-off.

And I'll bet you a beer that the $132 trillion figure is calculated using year-of-expenditure, not constant dollars, which means the predictions are literally inflated.

I tried to confirm but couldn't find the original sources and methodology. AFAIU year-of-expenditure is typical and best practice for long-term budgeting, but laypeople invariably compare it to constant dollar costs, which makes such figures seem larger than they really are, particularly when they include up to 75 years of monetary inflation. For example, California High-speed Rail is always quoted in year-of-expenditure. Much of the difference in the original ~$30 billion figure to the current seemingly insane ~$100 billion figure is because the construction timeline was stretched out by another decade or more since the original proposal. The longer construction takes, the more inflation figures into projections, the greater the figures, the less public support there is, the more construction is delayed by scared politicians, etc. It's a horrible cycle.

Re:The theory of infectious origin of the Alzheimer’s disease by omgwtfbyobbq on Friday March 27, 2020 @09:24PM (#22708423)
Exactly. It's nothing new either. The retirement age was last increased in 1983. As people live longer we need to adjust payments into the trust, retirement age, and payments from the trust proportionally.

https://www.ssa.gov/planners/retire/background.html

Re:The theory of infectious origin of the Alzheimer’s disease by bsanr2 on Saturday March 28, 2020 @08:41AM (#22710781)
This is going to be an interesting conundrum, however, when one considers that both Gen X and Millennials are projected to live shorter lives than the Baby Boomers.
Re:The theory of infectious origin of the Alzheimer’s disease by arcticbull on Friday March 27, 2020 @08:36PM (#22708169)
I actually had no idea most long-term projects were presented in year-of-expenditure dollars. As someone who pays attention to this stuff, if I didn't realize, I'd wager nobody voting realizes this either.
Re:The theory of infectious origin of the Alzheimer’s disease by oDot on Friday March 27, 2020 @08:35PM (#22708164)
Interesting, thank you for that
Re:The theory of infectious origin of the Alzheimer’s disease by snazz on Friday March 27, 2020 @05:31PM (#22707089)
Presumably not.