I Spake Falsely

[John K. Taber]

Max Sawicky wrote:
> 
> Some time ago, somebody offered an argument
> to debunk the Social Security actuaries'
> predictions of future growth as too low.
> The argument went something like, "even
> in the 30's depression decade, growth
> was higher."  I responded that this wasn't
> a great argument. 

[snip]

But thanks for the corrections, Max. In future, I'll be careful
about this argument.

-- 
I've been able to string more words into fewer ideas than anybody I
know, and I'm continuing to do that.

     - Alan Greenspan to the Senate Budget Committee, Sept 23, 1998