Welcome to the Vitus Capital Blog!
Notes to myself, possibly of interest to others.
-- Bill Northlich

Tuesday, May 10, 2011


If you follow the link [here], you’ll find Simpson repeating a whole series of zombie lies about Social Security. He repeats the idea that nobody collected benefits in the beginning because life expectancy at birth was only 63 (life expectancy at age 65, which is what matters, was almost 80 for women and 78 for men). He claims that nobody saw the future burden of the baby boomers, when the Greenspan commission reforms in the 1980s were all about precisely that. And on and on.

And when confronted with contrary numbers taken straight from the Social Security Administration, he claims that they’re left-wing fabrications.

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