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Comment Re:This will die in the senate (Score 1) 148

Average number of years of life remaining for those who were 20 in 1930, 45.94
Average number of years of life remaining for those who were 20 in 1940, 48.54
Average number of years of life remaining for those who were 20 in 1950, 51.20
Average number of years of life remaining for those who were 20 in 1960, 52.58
Average number of years of life remaining for those who were 20 in 1970, 53.00
Average number of years of life remaining for those who were 20 in 1980, 55.46
Average number of years of life remaining for those who were 20 in 1990, 56.63
Average number of years of life remaining for those who were 20 in 2000, 57.82

In other words...

For those reaching adulthood in 1940, the average person was expected to live 3.5 years beyond SS age of 65. Pay in for 45 years, collect for 3-4 years.
For those reaching adulthood in 2000, the average person is expected to live 10.82 years beyond SS age of 67. Pay in for 47 years, collect for 10-11 years.

Comment Re:This will die in the senate (Score 1) 148

Perhaps, but those are longevity statistics (and not correct per CDC figures). You are ignoring the odds of making it to 60, mortality statistics.

Average life expectancy of people born in 1930, 59.20.
Average life expectancy of people born in 1940, 63.62.
Average life expectancy of people born in 1950, 68.07.
Average life expectancy of people born in 1960, 69.89.
Average life expectancy of people born in 1970, 70.75.
Average life expectancy of people born in 1980, 73.88.
Average life expectancy of people born in 1990, 75.37.
Average life expectancy of people born in 2000, 76.86.

Average number of years of life remaining for those who were 60 in 1930, 15.24 (i.e., live to average of 75.24).
Average number of years of life remaining for those who were 60 in 1940, 15.91 (75.91)
Average number of years of life remaining for those who were 60 in 1950, 17.04 (77.04)
Average number of years of life remaining for those who were 60 in 1960, 17.71 (77.71)
Average number of years of life remaining for those who were 60 in 1970, 18.34 (78.34)
Average number of years of life remaining for those who were 60 in 1980, 20.02 (80.02)
Average number of years of life remaining for those who were 60 in 1990, 20.90 (80.90)
Average number of years of life remaining for those who were 60 in 2000, 21.55 (81.55)

http://www.cdc.gov/nchs/data/n...

Comment Re:This will die in the senate (Score 1) 148

In earliest days of Social Security, there were hundreds of "contributors" per beneficiary, but that was a startup issue.
In 1945, there were 42 people paying into Social Security for every person receiving retirement benefits.
In 1950, there were 16.5 people paying into Social Security for every person receiving retirement benefits.
In 1970, there were 3.7 people paying into Social Security for every person receiving retirement benefits.
In 1990, there were 3.4 people paying into Social Security for every person receiving retirement benefits.
In 2010, there were 2.9 people paying into Social Security for every person receiving retirement benefits.

Income inequality has nothing to do with the problem.

Comment True enough (Score 1) 190

In the past, Democratic and Republican administrations issued some contracts without competitive bidding for speed and to save money. When seeking the highest office in the land, Mr. Obama explicitly stated that he would not tolerate such practices. “I will finally end the abuse of no-bid contracts once and for all,” he thundered to a Grand Rapids, Mich., audience on Oct. 2, 2008. “The days of sweetheart deals for Halliburton will be over when I’m in the White House.” After becoming president, Mr. Obama continued the attack and promised on March 4 to “end unnecessary no-bid and cost-plus contracts. In some cases, contracts are awarded without competition. And that’s completely unacceptable.”

That was then; this is now. Last week, the Army revealed that KBR, a former subsidiary of Halliburton, was awarded a no-bid contract worth as much as $568 million through next year. This deal was announced only hours after the Obama Justice Department informed the public that it was joining a suit filed by whistleblowers who allege KBR used kickbacks to get foreign contracts.

http://www.washingtontimes.com...

Comment it's OK, though because Obama says so (Score 1) 441

The Administration is going to say it's OK for wind farms to kill eagles despite what the Endangered Species Act says, perhaps because the owners donate to Democrats. Interesting to see the tree-huggers and green-energy people in-fighting...

ABC News.com

A California wind farm will become the first in the nation to avoid prosecution if eagles are injured or die when they run into the giant turning blades, the U.S. Fish and Wildlife Service said Thursday.

The Shiloh IV Wind Project LLC, 60 miles east of San Francisco, will receive a special permit allowing up to five golden eagles to be accidentally killed over five years. Previously, such a violation could potentially draw criminal charges and discourage private investment in wind farms known for catching birds in their rotors.

Comment Re:Sounds about right... (Score 2) 441

http://www.duke-energy.com/pow...
http://www.duke-energy.com/pow...

Reservoir provides 1,000MW of capacity that can be tapped quickly, and water is pumped from the lower to the upper reservoir using off-peak power.
The whole thing is a as a load-balancing feature of the nuclear plant (2500MW). Use the off-peak load excess to pump water up to the upper reservoir overnight and tap it to level off peak demand that happens during the day.

Alternative power sources like solar and wind could certainly use such a system as a battery too, but geography might prevent it.

Comment Re:Simplest way to deal with H1 Visas (Score 1) 341

"The green card is just like the current one: you're basically just like a Citizen, except you can't vote, and you're not eligible for all the social services that Citizens are (this part is somewhat debatable)."

I think it's not debatable at all.

I've got no problem at all with people coming here legally (e.g., with criminal background check) with a valid visa and green card. But if you need social services (including EITC and child care credits) beyond an emergency room after a car wreck, there's no upside for the country.

Also, children born to such green card holders ought not be citizens (Congress gets to define what "and subject to the jurisdiction" means, and contemporaneous information about the 14th show that it was commonly understood that "visitors" would not be "subject to the jurisdiction" and therefore not gain automatic citizenship for their offspring downloaded on US dirt).

Comment Re:Republicans always want to hurt the economy... (Score 2) 341

I know that charity and goodwill means seeing a man in need and inviting him into my home for food and shelter. If the same man crawls through an open window and helps himself to the contents of my pantry and trashes my home, then calling the police and hoping he goes to jail is not a crime against humanity.

It behooves us all to distinguish between Hispanic (or any other ethnicity) immigrants and illegal border-jumpers.

Anyone, no matter what race or original nationality, who comes to this country legally; who strives for citizenship; who embraces our language & culture while respecting their own traditions; who wants to help keep this country great--I welcome him with open arms and call him a fellow American. Those who sneak into this country illegally; who break immigration, employment, tax, zoning and even basic traffic laws on a daily basis; who reject our culture and retreat into barrios; who demand taxpayer-funded social services not even available to citizens in good standing--I have little sympathy for them and their "plight".

"We should insist that if the immigrant who comes here does in good faith become an American and assimilates himself to us he shall be treated on an exact equality with every one else, for it is an outrage to discriminate against any such man because of creed or birth-place or origin. But this is predicated upon the man's becoming in very fact an American and nothing but an American. If he tries to keep segregated with men of his own origin and separated from the rest of America, then he isn't doing his part as an American. There can be no divided allegiance here. . . We have room for but one language here, and that is the English language, for we intend to see that the crucible turns our people out as Americans, of American nationality, and not as dwellers in a polyglot boarding-house; and we have room for but one soul loyalty, and that is loyalty to the American people." [Teddy Roosevelt]

Comment Re:Lower cost for H1B ? In your dreams .... (Score 2) 341

I've thought that if companies are really that desperate for H1B workers--because they claim there are simply absolutely no, zero, zilch, local citizens capable of doing the job--then that job is certainly worth a hefty premium. Figure they ought to be willing to pay 1.5 or even 2x the "going rate" for that H1B worker, what with supply and demand being what it is. Not to mention an additional one-time tax paid to the government that runs about 1x the H1B's salary.

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