Recent comments in /f/dataisbeautiful

detox665 t1_jc3fld4 wrote

The bonds that the trust fund holds are a unique series issued to the trust fund. You cannot buy them anywhere else. Makes it easy to default on them without harming the value/credit associated with other US bond series.

"The full faith and credit of the United States" is valuable only for as long as we can levy sufficient taxes to cover our bills. After that point, very bad things start happening very quickly.

I've been advocating for privatization since the Reagan administration. As things stand right now, I and my cohort are about to take it in the shorts because propaganda beats facts.

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Busy-Mode-8336 t1_jc3f7nq wrote

That really sucks.

I think, with this data, if I were single, I would switch to focusing on black girls as sort of a moneyball exploit of a market inefficiency.

I wonder if it is just pair matching, where black women too are way more likely to swipe right on a black guy, and it’s just that there’s an uneven distribution of ethnicities?

If an app had 100 guys and 100 girls, and people were 33% likely to swipe on similar skin color, but only 10% likely to swipe right on different skin color.

If 90% were white and 10% were black, the white people on average would get 10 white matches (90 x .33 x .33) and 0 black matches (10 x .1 x .1).

Black people would get 1 black match (10 x .33 x .33) and 1 white match (90 x .1 x .1).

Either way it’s basically racism/prejudice. But it’d less terrible if it were reciprocal, rather than one race rejecting the other disproportionately.

Actually, I was curious, so I looked it up.

It turns out that black women do strongly prefer black men over white men, to a slightly strong degree than white men prefer white women.

What’s missing is the black men do not seem to prefer black women. It’s one of only two exceptions to people preferring the same race aside from white men slightly preferring Asian women.

The most mutually disagreeable combination seems to be asian men and black women who just avoid each other like the plague.

It seems like the most charmed life’s are Asian women, Latina women, and white men.

And, you’re absolutely validated in your assessment that black women get it the worst.

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Scary_Princess t1_jc3enw9 wrote

Exactly that cost curve is going to continue going up and the income isn’t going to trend the same way. Currently the fund is collecting 95% of what it needs to pay annually. If we run a 5% deficit against the trust, the trust will be emptied in 20 years. Because the of the difference between incoming money and outgoing benefits the trust is expected to be exhausted by 2033-2035.

It can be solved at anytime, but solutions today will be far less painful than solutions in 2032

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dabiggman t1_jc3ec54 wrote

What everyone fails to realize as they are arguing is that - multiple Presidents have used the SS Fund as their own personal piggy bank for projects. I believe it was Nixon that first took the lid off this (don't quote me) and made it so the government could take from this for other projects. If we put the lid back on, problem solved.

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tristanjones t1_jc3bkn6 wrote

We know that by 2035 something will have to give. Everyone who is going to pay into it is born already, and we know who will be retiring and how long they will live on average between now and then.

Unless we drastically increase our young legal immigrant labor force, increase retirement age, reduce benefits, or add funds another way, that Asset Reserves line will start and exponential decline.

It isnt a trivial matter, but if we do something now, it may never be an issue. But it is a real and valid problem that is getting worse everyday.

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Replikant83 t1_jc3bfqs wrote

Great results! I'm in a big city and get a lot more matches, but end up on fewer dates. I get bored really easily and have also been ghosted, too. I've done 3-4 dates in the past months and almost instantly lose interest, as at my age (39), most people have some pretty heavy baggage that turns me off. I'm still happy as can be single, but wouldn't mind finding that special partner.

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