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Caveat Lector wrote: Oh gee -- the USA ARS License numbers are decreasing about 2% in 5 years At that rate in 500 years, we will be a dead dodo (Ain't statistics wundeful wunderful?) Yep. The sky is falling according to chicken little. |
In article ou7Nd.29092$xt.13666@fed1read07, "Caveat Lector"
writes: Oh gee -- the USA ARS License numbers are decreasing about 2% in 5 years Lessee...4,812/699,580.... Actually it's less than 1% loss in a little under 5 years! At that rate in 500 years, we will be a dead dodo (Ain't statistics wundeful wunderful?) Yup. How about this one: If a number decreases 2% every 5 years, it will be down to just about half the original number in 170 years. 73 de Jim, N2EY |
"N2EY" wrote in message ... In article ou7Nd.29092$xt.13666@fed1read07, "Caveat Lector" writes: Oh gee -- the USA ARS License numbers are decreasing about 2% in 5 years Lessee...4,812/699,580.... Actually it's less than 1% loss in a little under 5 years! At that rate in 500 years, we will be a dead dodo (Ain't statistics wundeful wunderful?) Yup. How about this one: If a number decreases 2% every 5 years, it will be down to just about half the original number in 170 years. 73 de Jim, N2EY Gawd we are doomed -- Caveat Lector (Reader Beware) Help The New Hams Someone Helped You Or did You Forget That ? |
"N2EY" wrote in message ... In article ou7Nd.29092$xt.13666@fed1read07, "Caveat Lector" writes: Oh gee -- the USA ARS License numbers are decreasing about 2% in 5 years Lessee...4,812/699,580.... Actually it's less than 1% loss in a little under 5 years! At that rate in 500 years, we will be a dead dodo (Ain't statistics wundeful wunderful?) Yup. How about this one: If a number decreases 2% every 5 years, it will be down to just about half the original number in 170 years. 73 de Jim, N2EY Gawd we are doomed Suggest you young pups and baby boomers start worrying about your Social Security rather than the demise of Amateur Radio in 170 to 500 years or so (pick a decline stat) G Brush Sed SS is Bank A Rupty in 2042 or so -- Caveat Lector (Reader Beware) Help The New Hams Someone Helped You Or did You Forget That ? |
Caveat Lector wrote: Suggest you young pups and baby boomers start worrying about your Social Security rather than the demise of Amateur Radio in 170 to 500 years or so (pick a decline stat) G Brush Sed SS is Bank A Rupty in 2042 or so It's just awful, isn't it? Ask anyone not already on social security where will it be when they want to retire, and they'll tell you there won't be any left. Common knowledge. But some measly president comes along and wants to actually do something about it and all we hear is how you can't touch social security. Don't fix sumptin dat ain't broke. Hi, hi! Instead of Morse Myths, we should start SS Myths. Where's Aaaron Jones when you need him? |
In article 7stNd.29333$xt.17700@fed1read07, "Caveat Lector"
writes: "N2EY" wrote in message ... In article ou7Nd.29092$xt.13666@fed1read07, "Caveat Lector" writes: Oh gee -- the USA ARS License numbers are decreasing about 2% in 5 years Lessee...4,812/699,580.... Actually it's less than 1% loss in a little under 5 years! At that rate in 500 years, we will be a dead dodo (Ain't statistics wundeful wunderful?) Yup. How about this one: If a number decreases 2% every 5 years, it will be down to just about half the original number in 170 years. Gawd we are doomed Yeah! Suggest you young pups and baby boomers start worrying about your Social Security rather than the demise of Amateur Radio in 170 to 500 years or so (pick a decline stat) I decided a couple decades ago not to depend on SS for retirement. If I get something from it, great. But I'm not counting on it. 73 de Jim, N2EY |
N2EY wrote:
In article 7stNd.29333$xt.17700@fed1read07, "Caveat Lector" writes: "N2EY" wrote in message ... In article ou7Nd.29092$xt.13666@fed1read07, "Caveat Lector" writes: Oh gee -- the USA ARS License numbers are decreasing about 2% in 5 years Lessee...4,812/699,580.... Actually it's less than 1% loss in a little under 5 years! At that rate in 500 years, we will be a dead dodo (Ain't statistics wundeful wunderful?) Yup. How about this one: If a number decreases 2% every 5 years, it will be down to just about half the original number in 170 years. Gawd we are doomed Yeah! Suggest you young pups and baby boomers start worrying about your Social Security rather than the demise of Amateur Radio in 170 to 500 years or so (pick a decline stat) I decided a couple decades ago not to depend on SS for retirement. If I get something from it, great. But I'm not counting on it. SS is not a retirement plan. It is a mistake to count any money from it a a given. But I do have a few questions about privatized SS. What happens if the Stock market tanks the month before your retirement? Unless there are strong protections, (which will end up a huge drain on the 'Guvmint) there may be people who suddenly find themselves poor. What are the politicians going to raid for extra money? - Mike KB3EIA - |
Mike Coslo wrote: N2EY wrote: In article 7stNd.29333$xt.17700@fed1read07, "Caveat Lector" writes: "N2EY" wrote in message ... In article ou7Nd.29092$xt.13666@fed1read07, "Caveat Lector" writes: Oh gee -- the USA ARS License numbers are decreasing about 2% in 5 years Lessee...4,812/699,580.... Actually it's less than 1% loss in a little under 5 years! At that rate in 500 years, we will be a dead dodo (Ain't statistics wundeful wunderful?) Yup. How about this one: If a number decreases 2% every 5 years, it will be down to just about half the original number in 170 years. Gawd we are doomed Yeah! Suggest you young pups and baby boomers start worrying about your Social Security rather than the demise of Amateur Radio in 170 to 500 years or so (pick a decline stat) I decided a couple decades ago not to depend on SS for retirement. If I get something from it, great. But I'm not counting on it. SS is not a retirement plan. It is a mistake to count any money from it a a given. But I do have a few questions about privatized SS. What happens if the Stock market tanks the month before your retirement? Must your IRA all be in the market? Retirement investment must include safer places to park your money. Look at the Federal retirement system. Look at your state retirement system. Look at your teacher's retirement system. Is is all in the market? Is it all out of the market? Or is it a balance of the two? What are the politicians going to raid for extra money? - Mike KB3EIA - They'll start running drugs again. Americans love drugs. |
bb wrote:
Mike Coslo wrote: N2EY wrote: In article 7stNd.29333$xt.17700@fed1read07, "Caveat Lector" writes: "N2EY" wrote in message ... In article ou7Nd.29092$xt.13666@fed1read07, "Caveat Lector" writes: Oh gee -- the USA ARS License numbers are decreasing about 2% in 5 years Lessee...4,812/699,580.... Actually it's less than 1% loss in a little under 5 years! At that rate in 500 years, we will be a dead dodo (Ain't statistics wundeful wunderful?) Yup. How about this one: If a number decreases 2% every 5 years, it will be down to just about half the original number in 170 years. Gawd we are doomed Yeah! Suggest you young pups and baby boomers start worrying about your Social Security rather than the demise of Amateur Radio in 170 to 500 years or so (pick a decline stat) I decided a couple decades ago not to depend on SS for retirement. If I get something from it, great. But I'm not counting on it. SS is not a retirement plan. It is a mistake to count any money from it a a given. But I do have a few questions about privatized SS. What happens if the Stock market tanks the month before your retirement? Must your IRA all be in the market? Retirement investment must include safer places to park your money. Look at the Federal retirement system. Look at your state retirement system. Look at your teacher's retirement system. Is is all in the market? Is it all out of the market? Or is it a balance of the two? Greed, that potential bad character that we have tapped and used for good in out semi capitalist system, is an almost irresistible pull on some people. I know quite a few people who during the mid to late '90's were so impressed by the stock market goings on, that they put all or most of their retirement investments in risky, high yielding investments. A couple invested exclusively in Tech stocks. Guess how much money they have today? (answer - not a whole lot) They won't be retiring early *or* soon. On the other hand, I was very careful with my retirement investments, and didn't lose anything. All I did was take a hit in my earning rate. Until the bubble burst though, Len wasn't the only person that thinks I'm a dimbulb! What are the politicians going to raid for extra money? - Mike KB3EIA - They'll start running drugs again. Americans love drugs. HOWL! - Mike KB3EIA - |
In article , Mike Coslo
writes: Suggest you young pups and baby boomers start worrying about your Social Security rather than the demise of Amateur Radio in 170 to 500 years or so (pick a decline stat) I decided a couple decades ago not to depend on SS for retirement. If I get something from it, great. But I'm not counting on it. SS is not a retirement plan. Agreed. It's supposed to be a safety net. It is a mistake to count any money from it a a given. Agreed! But I do have a few questions about privatized SS. What happens if the Stock market tanks the month before your retirement? You're in trouble. Unless there are strong protections, (which will end up a huge drain on the 'Guvmint) there may be people who suddenly find themselves poor. There's a basic rule of investment that return and risk are directly connected. If you want low risk you have to accept less return. One would think that even a lackluster student like Shrub would understand that concept, but he once again proves his basic nature as a forty watt bulb in a hundred watt socket. What are the politicians going to raid for extra money? They don't look that far ahead. Heck, they're not even concerned about paying back the money already borrowed from the SS system. 73 de Jim, N2EY |
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