Kit Redgrave 🈚️🏴☠️ is a user on You can follow them or interact with them if you have an account anywhere in the fediverse.
Kit Redgrave 🈚️🏴☠️ @KitRedgrave

we are closer to 2060 than 1960

· Web · 6 · 12

@KitRedgrave It just screams of a meme... oh damn, actually it's been a meme.

@KitRedgrave fair but we're closer to 1990 that 17776

@kibi thanks ^_^; it's really hard to believe that's anywhere in the same solar system as true sometimes ._.;

@KitRedgrave it's also hard to believe that quantum mechanics actually works but without it we wouldn't have GPS!!

@KitRedgrave you do cool stuff and my life is better because i know you!!


So many thoughts bubble into my head on this theme.

1960 is actually super long ago. I feel closer to 2060, maybe because I know everything that happened until now, but it's simply impossible to imagine what will happen until then -- we're already in the future! After the death of Communism and the invention of hypernet node super computers in our pockets, what stranger things could possibly happen?

WWII is so long ago, it's all of my life so far, and then another of my life span so far. My dad is twice my age and he was born during the war.

When my grandpa was a kid. Austria-Hungary was a thing.

Wow, grandpa was pretty old when dad was born. Never thought about that.

I'm more concerned about 2047 than 2060 right now, the right-hand parenthesis of the and "One Country, Two Systems".
@clacke It occurred to me the other day that people born during and shortly after WWII marched in the protests of the #1960s. They include the leading edge of the Baby Boom generation.
@lnxw48a1 "Baby Boomers" sounds so positive and sweet. People born in the 40s were in Sweden called "The Giant Plug" in the 80s, accused of blocking anyone born in the 60s from getting a job, and "The Meat Mountain" in the 00s for presenting an immediate and severe danger to the pension system.

In the 90s the pension system was shifted from being entirely a pyramid game based on the demographics of the 50s, to mostly a forced savings system not unlike the HK MPF or the US 401(k). Baby boomers are in a mix of the old benefits system and the new savings system.
@clacke Our Social Security system is still a Ponzi scheme.
@lnxw48a1 What scope is included in the term Social Security?

When I think of Social Security, what I picture is just the last-resort system when you don't have a pension, you don't have unemployment, you don't have any of the other specific benefits, you just don't have an income and we don't want you to have to die, beg, take up illegal professions or become a criminal.
@clacke Social Security is actually specifically defined in the US as basically that. A weird part of the issue actually isn't so much that Social Security is a ponzi scheme (it wouldn't be if we taxed properly, and it won't because we did) but that basically social security can bankrupt the government. Like, the rest of the government. is a pretty good overview of how social security works in the US financially
@tekk But according to that graphic, Social Security *does* include pensions, unemployment benefits etc.

And then it makes sense to call it a Ponzi scheme, i.e. it works as long as each generation is larger than the previous.
@clacke Not exactly, because the money in isn't money out; the money doesn't just sit in a bank account, it's invested and so (ostensibly) there should be surpluses when the budget is good to cover growth and shortfalls.
@tekk But it's not structured in a way that lets each generation's input into the system determine the output.
@tekk It isn't "invested" ... it is spent, consumed, replaced by bonds (i.e., promises to repay out of then-current tax revenues). Couple that with the potential for two retirees for every three workers paying taxes, and you'll see echoes of ZZZBest Carpet Cleaning and similar schemes.
@clacke That's close. It offers a(n inadequate) pension payout to those who've worked (and paid enough mandatory SocSec taxes). Since the taxes are immediately exchanged for bonds and spent, the Boomers' retirement is likely to result in steep tax increases for younger workers, due to longer lives and the large number of people that are expected to receive benefits.
@lnxw48a1 I think I've heard that all manner of Americans serving side by side in the war was one of many catalysts of the Civil Rights Movement?

@clacke Rather, the LACK of all manner of Americans serving together in WWII was one of the catalysts of the Civil Rights movement. The armed forces in the US were officially segregated until 1948. <>