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Old 10-06-2015, 07:18 PM
Doninalaska Doninalaska is offline
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Here is the definition of Life Expectancy from a U.S. Gov't website:

Life expectancy at birth
This entry contains the average number of years to be lived by a group of people born in the same year, if mortality at each age remains constant in the future. Life expectancy at birth is also a measure of overall quality of life in a country and summarizes the mortality at all ages. It can also be thought of as indicating the potential return on investment in human capital and is necessary for the calculation of various actuarial measures.


It doesn't say to use the median, it says it is the expected "return on investment" if all things remain the same.

Anyway, the life expectancy will continue to rise barring plagues, wars, and famines. The nation with the highest life expectancy is Monaco and the lowest is Chad--89 and 49 years respectively.

It is being published that there will not be a SS COLA again this year as the cost of living apparently is not rising (according to Washington.
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Old 10-06-2015, 07:25 PM
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MissouriFree MissouriFree is online now
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Quote:
Originally Posted by doc View Post
-don't know who wrote your dictionary, but they need to go back to school: https://en.wikipedia.org/wiki/Deductive_reasoning

I don't let my "political agenda" interfere with the logical solving of problems. Both SS & Obamacare are pretty lousy ways of solving problems of finance as compared to my investment/individual account plan. As I've said before, one could deduce that they aren't trying to solve a problem, but trying to ensure dependency.

You need to read you own source doc . It says exactly what I said even form to the example not eliminating all possibilities as you put it.
This is basic math math not wishful thinking .

Quote:
An example of a deductive argument:

All men are mortal.
Socrates is a man.
Therefore, Socrates is mortal.
You fault is that you basic assumptions are built on false premise .
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