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Confirmed: Social Security Is Even Worse Off Than We Thought

Jan. 7, 2013 4:05pm Becket Adams

The New York Times Is Shocked to Discover Social Security Is Not Sustainable

Credit: Getty Images

As the New York Times reports with a mixture of shock and disgust, Social Security is a whole lot more unsustainable than we had originally thought.

The reason?

Apparently, the feds use outdated, inaccurate, and oftentimes overly-complicated math.

From the New York Times [emphases added]:

… the Social Security Administration underestimates how long Americans will live and how much the trust funds will need to pay out — to the tune of $800 billion by 2031, more than the current annual defense budget — and that the trust funds will run out, if nothing is done, two years earlier than the government has predicted.

We reached these conclusions, and presented them in an article in the journal Demography, after finding that the government’s methods for forecasting Americans’ longevity were outdated and omitted crucial health and demographic factors. Historic declines in smoking and improvements in the prevention and treatment of cardiovascular disease are adding years of life that the government hasn’t accounted for. (While obesity has rapidly increased, it is not likely, at this point, to offset these public health and medical successes.) More retirees will receive benefits for longer than predicted, supported by the payroll taxes of relatively fewer working adults than projected.

Remarkably, since Social Security was created in 1935, the government’s forecasting methods have barely changed, even as a revolution in big data and statistics has transformed everything from baseball to retailing.

First, despite the leaps and bounds made in statistical analysis since, oh, the end of the Great Depression, the feds are basically using the same methods they started out with in the 1930’s.

Second, you read that correctly: Due to outmoded analysis, the feds have committed an $800 billion error in calculating the sustainability of Social Security.

“It’s one thing to run a Ponzi scheme, it’s another to muck up the math so badly that the scheme goes bust before you were expecting it,” writes Hot Air’s Allahpundit.

And in case you’re having a difficult time wrapping your head around just how inaccurate the fed’s Social Security projections are, head over to the Times and look over their infogprahics on the topic (pay special attention to “table 4.” It’s astonishing).

“As currently constituted, the government’s math assumes that all Americans between the ages of 55 and 59 will die in the year 2028, even as millions over the age of 60 live on,” Townhall.com’s Guy Benson explains.

“Wiping out an entire age bracket would obviously diminish the program’s liabilities, but this scenario is completely untethered from reality,” he adds.

But should we really be shocked that the feds would be so wrong on Social Security? After all, it’s not like this is the first time that the U.S. government has been woefully inaccurate with financial predictions.

In fact, just last Friday we learned that the Congressional Budget Office whiffed in the most spectacular fashion on its original calculation for the Senate’s “fiscal cliff” bill.

“Their initial estimate of a $4.0 trillion budget increase was wrong,” writers at Zero Hedge note, “and when one factors in the fact that this incremental spending would have to be funded by, you guessed it, debt, debt which has interest, the full impact of the Obama tax cut rises deficits by 15% to $4.6 trillion over the next decade.”

An $800 billion miscalculation here, a $600 billion foul-up there. Now that we have figured out the whole “fiscal cliff” thing, there’s nothing to worry about, right?

Follow Becket Adams (@BecketAdams) on Twitter

Featured image courtesy Getty Images.

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Comments (104)

Catfish
Posted on January 7, 2013 at 5:53pm
To fix social security all they have to do is pay all the money back to the fund that they borrowed from it , there was never a problem with social security util they borrowed all the money out of the TRUST FUND, JUST PAY IT BACK

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- jamestoms
  Posted on January 7, 2013 at 6:08pm
  Right on, the problem is the House, Senate and dumbo!!!!!
  
  Report this comment
- 13th Imam
  Posted on January 7, 2013 at 6:26pm
  Just WHO is “THEY”?
  
  Report this comment
- charles116
  Posted on January 7, 2013 at 6:52pm
  They are the same REPUBLICAN thieves who threw 4 TRILLION down the toilet in Iraq.
  And expect old people and children to pay their debts off – as usual.
  It’s ALWAYS cut safety net programs – NEVER THE BLOATED MILITARY.
  
  Report this comment
- 13th Imam
  Posted on January 7, 2013 at 7:29pm
  Hey Chuckles 116
  Only the R’s? Progressive Liberal Socialist DEMOCRAT’s have nothing to do with the theft of SS funds? Only R’s? Methinks you are a fool.
  
  Report this comment
- desertspeaks
  Posted on January 7, 2013 at 7:31pm
  and no one gets fired! PROBABLY HANDING OUT PROMOTIONS AS WE SPEAK!
  
  Report this comment
- oneshiner
  Posted on January 7, 2013 at 7:50pm
  How could it possibly get any worse than worse?
  
  Report this comment
- ScratInTheHat
  Posted on January 7, 2013 at 7:53pm
  BS! SS was a scam from the beginning! If the money was in the individuals hands they would make much more through secure investments than SS pays out and still have the balance they would have paid in plus the gains before retirement to give to the kids or blow in old age. The government has so many people fooled on so many levels it’s pathetic!
  
  Report this comment
- ChinaWildMan
  Posted on January 7, 2013 at 7:54pm
  But pay it back using silver or gold… honest money, send me $2,500 in 1 oz $50 gold pieces.
  
  No fiat money has lasted for as long as a century. The US has had prior experience with fiat money — the Civil War Greenbacks, the “Bills of Credit” of the original American colonies, the ill-fated Continentals during the Civil War. None of these have survived, and neither will the Federal Reserve notes that we now refer to as “dollars.”
  
  I dislike falling back on the morality argument, but consider this. I may work a lifetime for five million dollars. Yet some academic working for the Federal Reserve can press some keys on a computer and create ten billion dollars instantly without working up a sweat. Is the ten billion dollars he creates moral money? Did anyone work for the money? Did anyone take a risk for the money? Did anyone drop a bead of sweat for it? No, then I claim it is immoral and actually evil money, and as such it is doomed.
  
  The only power evil has is the power to destroy itself. I affirm that the Federal Reserve note is doomed. When the Federal Reserve note goes down the drain, all fiat money in the world will go down with it. Today information travels around the world with the speed of NOW. People around the planet will see that fiat money is a fantasy and a counterfeit fraud foisted upon them by unconscionable and unscrupulous bankers. It is then that the crowd will turn to gold, in much the way that people turned to gold back in 197
  
  Report this comment
- TheBurningTruth
  Posted on January 7, 2013 at 8:06pm
  Catfish:
  
  There is much truth to what you say, unfortunately, just who is the “They” that should pay it back? The truth is that WE are the THEY since the only place where true wealth is created is by individuals. Governments don’t produce anything, they just redistribute it (along with a cut for themselves). Companies are really just groups of individuals that have banded together to produce stuff.
  
  So, after paying into the Social Insecurity fund our whole working lives, we get to pay more taxes to generate the cash to “pay us back”. This isn’t “paying it back” this is “paying it twice”.
  
  Reality is that the money SS collects is just spent by the government. It’s a Ponzi scheme that will inevitably fail. The only real choice is in how we back out of this statistical impossibility. Carefully, over time with some order and predictability, or hide from the problem like Barry and the Bandits are doing until the system actually collapses?
  
  Report this comment
- db321
  Posted on January 7, 2013 at 8:32pm
  What would you do?
  **Cut the amount of Money that Granny receives in her SS Check each month
  **Tax the Rich so we can fund Govt 3 months
  **Cut the $80,000 it take to pay just one Welfare recipient per year – 90% Waste
  
  Reagan was smarter than our Conservatives of today. When he took office, the US was paying $47,000 a year to pay one Welfare Recipient $700 a month. He told America he was going to cut the Waste in Welfare and not touch a single penny that Welfare Recipients received. In Fact Reagan gave recipients a raise after he cut the waste and Reagan when on to receive 35% of the Welfare vote.
  
  I can only conclude that Boehner, Paul Ryan, Glenn, Rush, Shawn and the rest of the Conservative talking heads just want to push Granny off the clift. Do you ever hear anyone ever talk about cutting waste and fraud. They talk Welfare reform which scares the heck out of a Reagan Compassionate Conservative like me.
  
  Report this comment
- dajones
  Posted on January 7, 2013 at 8:33pm
  Charles, you are wrong and screwed up by your buddy Obama of course… 4 trillion on Iraq? Really? Go check you screwed up facts? If we combined the estimated cost of Afghanistan and Iraq together – they come to 2.4 trillion – if Afghanistan is ended by 2017 that is.
  
  Report this comment
- dmerwin
  Posted on January 7, 2013 at 10:36pm
  The answer is to abolish SS and pay out to those over 50 from the general fund and place everyone else into a IRA system like the very good TSP program and keep the stinking politicians away from it!
  
  Report this comment
- milez5
  Posted on January 8, 2013 at 3:35am
  pay the money back to the Social Security trust fund with what? right now the so-called lock box is empty. The money is gone, replaced with worthless government bonds. The government could never come close to paying it back.
  
  Report this comment
- sbenard
  Posted on January 8, 2013 at 4:37am
  That’s silly! The money is GONE! There is no “pay it back” because it’s spent! It’s time we faced reality — Social Security and all other entitlements are going to come to a swift end at some indefinite point in the next few years because we can’t pay for it. Americans must swiftly become self-reliant because we will hit a debt brick wall within the next few years. Calamity is certainty! Plan and prepared accordingly!
  
  Report this comment
- Mr Sanders
  Posted on January 8, 2013 at 5:50am
  “Never let a Crisis go to waste.” – Rahm Emmanuel
  
  They’ll need to plug up the dam with a few more money fingers, umm…. revise their equation and “lock box” the Entitlement, or HHS & “The Panel” may have to institute an accelerated “Complete Lives” curve to improve the “retirement” component.
  
  No matter how you slice it…. its all a disgusting mess.
  
  Want to systematically destroy something…. put a Progressicrat on it.
  
  Report this comment
- EP46
  Posted on January 8, 2013 at 6:09am
  You are so right…but CONGRESS did not borrow Soc Security money…they STOLE it. This started back in the 70′s and has continued. obama caused great harm to SS with the ‘payroll tax holiday’ which was a reduction of money paid into Soc Security. He will bankrupt Soc Security and Medicare will become obamacare. That is the plan along with the ‘end of life’ program he is pushing. Getting rid of the old folks is very much on his agenda.
  
  Report this comment
- naughtycal
  Posted on January 8, 2013 at 8:48am
  The signs should say quit allowing hard workers from keeping more of what they worked hard for.
  or I’m entitled to the fruits of other labor
  
  Report this comment
- naughtycal
  Posted on January 8, 2013 at 8:51am
  Charles the entire cost of Iraq war under Bush just was about one trillion. Sense Bush under Obama more than a trillion has been dumped.
  
  Report this comment
- PCDoctors4u2
  Posted on January 8, 2013 at 12:57pm
  Social Security is now part of the general fund. It is as solvent as any other Government Program or Agency! The real problem is allowing participants who never paid in… I wonder how many employees of the Social Security Administration or any other Government agency make more than $100,000 per year? Reducing the “wages of public sector employees” would be an excellent place to start balancing the budget! (Sorry, what Budget?) $50,000 a year will buy a lot of Beer!
  
  Report this comment
- pitboss711
  Posted on January 8, 2013 at 6:12pm
  Member of Congress who were active when Social Security funds were raided should have their retirement funds confiscated and used to pay back the SS funds that weren’t paid back.
  
  Report this comment
ArmedAndReallyPissed
Posted on January 7, 2013 at 5:53pm
Take away our freedom of speech. Take away our Guns. Take away our Social Security. Take away wealth from the rich. Murder our people. Demoralize our Troops. Make unconstitutional Laws. Lie to everyone about everything. Force AmeriKans to live off the Government so they will never dare rise against him.

This Communist Pig knows exactly what he’s doing. His Daddy taught him well.

Is there no one willing to stand against the Fuhrer ?

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zenjak
Posted on January 7, 2013 at 5:52pm
Hmm…need to kill off potential recipients by shortening their lifespans. Obamacare will take care of that. They could even mandate that we must purchase and smoke heavily taxed cigarettes once we’re within 10 years of retirement age – all for the “common good”, of course.

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- missdagnytaggart
  Posted on January 7, 2013 at 10:58pm
  Obamacare is going to help solve this problem of too many ss recipients alright. Centers for Medicare and Medicaid Services are cutting how much money hospitals are reimbursed for treating these patients. I’ll give you an example: They are no longer reimbursing hospitals for readmissions of medicare patients within 30 days of a previous hospitalization; So lets say granny gets pneumonia and stays in the hospital for several days, gets better and goes home then 28 days later slips on the ice and falls and breaks a hip thus ending up right back in the hospital- Medicare won’t pay for that second stay the hospital will have to eat the costs. Think that’s going to lead to better care for granny? Or maybe it will just lead to fewer social security/Medicare recipients.
  
  Report this comment
- YAHSHUARULES
  Posted on January 8, 2013 at 2:27am
  As far back as 1930’s effort has been underway to break down basic rules of morality and move culture in a direction designed to destroy it. Large part of this agenda is to make us immoral people. All these ideologies work together to break down the value, sanctity of all human life. The left validated the Judeo/Christian world view by what they attack.
  
  Agenda to create an America so corrupt it stinks; use public policy to subvert America from inside, infiltrate and influence our culture driving us in a direction designed to destroy us. . No conspiracy – just verifiable facts! If you don’t know all this you need to find out!
  
  This is the most comprehensive, best movie I have seen pulling all this together. I have watched it 12X to absorb all that is in it…give it 5 minutes and you won’t be able to walk away
  
  Watch it. Share it. Arrange a showing in church, groups, clubs, with friends or family. Everyone who loves America needs to see this movie,
  It is free on line for the moment
  https://vimeo.com/52009124
  If America goes down, the free world will go down with it and it will be finished for a very, very long time…
  
  Report this comment
Rogue
Posted on January 7, 2013 at 5:50pm
Did the NYT really refer to the SS Trust Fund as if it is still there, waiting to be paid out? There SHOULD be $2.6+ Trillion waiting in the fund, but I’m willing to bet we are just about $2.6+ trillion short.

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forthepeople
Posted on January 7, 2013 at 5:07pm
Whom believes a politician in the first place ?

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- oneshiner
  Posted on January 7, 2013 at 7:20pm
  Not me.
  
  Report this comment
- RamonPreston
  Posted on January 8, 2013 at 3:34pm
  Or me. I am not as naive as I was when I was a kid. Our government is totally corrupt and I don’t believe anything they say. They steal the best for themselves and we are canon-fodder.
  
  Report this comment
seek.the.truth
Posted on January 7, 2013 at 5:02pm
Many of us faced the fact long ago that we will never collect a single penny from social security.
I am in that wonderful age bracket that has paid into the system for years and will never benefit from the funds myself. It makes me sick to think what might have been if I had been allowed to put that money in an IRA or other savings account.

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- oneshiner
  Posted on January 7, 2013 at 7:23pm
  Yup. Just a sick feeling. Pretend it was gambling, maybe it’ll hurt less. We’ve been skrewed
  
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Imprimatur
Posted on January 7, 2013 at 5:01pm
SS is a Ponzi scheme/ pyramid scheme. The contributions are never saved they are automatically spent. Even FDR knew that by the 1980′s it would reach its saturation point where the takers will be getting more than what the payers are contributing. The magic math started happening and rosy pictures of full funding was presented every year by both sides. Stopping government theft of earnings and people deciding how they want to set up their own private retirement is what’s best for the individual and the nation. The Raw Deal was made by politicians long dead and can’t be held to pay for the generational damage they continue to inflict. Nobody was made to swear to be thieved for this and other social programs just as nobody is made to swear allegiance to a monarchy. We got rid of the crown almost 237 years ago. We rid ourselves of a tyrant 2000 miles away and subjugated ourselves to 2000 tyrants one mile away.

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- SocialistSlayer
  Posted on January 7, 2013 at 5:24pm
  Why do you think they are desperately trying to add immigrants to the roles – to help pay the SS and they know some breed like rabbits !
  
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- charles116
  Posted on January 7, 2013 at 6:55pm
  OOOOoooooooo Ponzi scheme.
  Teleprompter teleprompter telepromter.
  
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Plan B
Posted on January 7, 2013 at 4:50pm
And while we were sleeping……Look at the .edu Pay As You Earn plan for student loans.This started while we were in shock over the Sandy Hook shooting and most didn not notice.

This program will allow a person graduating with from a 4 year, $25,000 school making $35,000 with $100,000 in student loans to pay $166 per month instead of $800-$900 per month. This is spread out over 20 years. Do the math-this leaves taxpayers on the hook for the other $60,000 plus interest. And a person that is lower income could actually not make any payments for the 20 years leaving the taxpayer on the hook for the the whole $100,000 plus 20 years of interest.

http://www.zerohedge.com/news/2013-01-05/here-comes-student-loan-bailout

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TRILO
Posted on January 7, 2013 at 4:50pm
Blah, blah, blah…. kick the can. That is the new American way. The government can not do anything correct, let alone make a sound and accurate financial calculation.

Good I hope it does run out. I will take care of my family and someone else can take care of those who failed to prepare. Same goes for all of the people out there who do not prepare for natural or man-made disasters. I am tired of taking care of you too.

It is about time people in this country work. If you can not support yourself on what you should have saved, then keep working. If you can not work it is about time your family takes care of your rather than sticking you in a “retirement” facility or putting you on the government dole.

Do not give me this cr@p that you paid for your Social Security and medicare benefits. Sorry, you have never put in enough for what you will take out. The money is not invested, inflation diminishes the value thanks to the fed, 30 years ago you earned less so you contributed less and medical costs continue to skyrocket because of government. That makes both programs an entitlement. If you want to retire, save your d@mn money. I am tired of contributing to your retirement fund, while the government tells me my family makes too much because we work hard and “saved” and should now get less.

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- missdagnytaggart
  Posted on January 7, 2013 at 11:02pm
  I’d be more than willing to drop out of social security and save for my own retirement if uncle sam would let me. Bet other young people would be willing to take the guberment up on that.
  
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elosogrande
Posted on January 7, 2013 at 4:44pm
George Bush tried to fix Social Security in 2002-2003. The Democrats, including buffoons like Schumer, Reid, Biden, Pelosi, Frank, and Dodd said that Bush didn’t know what he was talking about, because S.S. was solvent at least through 2042.

If that is not true, these Democrat dolts must not only be stupid…they must all be liars. There is no other explanation.

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bankerpapaw
Posted on January 7, 2013 at 4:42pm
Good Grief!! Are they just now finding out that Social Security is broke?

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cdb
Posted on January 7, 2013 at 4:41pm
No, say it ain’t so. Gee wiz, do you think maybe because Obama lowered the amount of money being sent to social security from all the working people during his first four years in office, that maybe it actually hurt it somehow???

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Gildersleeve
Posted on January 7, 2013 at 4:37pm
We’ve passed the point of no return and nothing can be done about it. Zilch. Nada. No sense complaining or placing blame. The fat lady is already on stage…………

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- Fubared
  Posted on January 7, 2013 at 8:36pm
  But there is time to submit for you SS crazy check and get the good meds before the left eats them all. Look to Charles116 for clues.
  
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denkat56
Posted on January 7, 2013 at 4:36pm
Maybe if our politicians who took the money out to use on their own agendas, would put it all back there wouldn’t be a need to raise our taxes. Maybe if our politicians learned how budget, and live on a budget that didn’t include free medical, or 100% retirement. Or quit giving Hollywood 450 million, or NASCAR 70 million, maybe just maybe one less self imposed raise. Maybe we use the peoples taxes where it belongs, you know for ,by, of the people. How long before you realize that they don’t care about us,other than our money. They all live pretty high and mighty, and drive better than we do, all off our backs. Wakeup people

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- hjablo
  Posted on January 7, 2013 at 7:32pm
  What do you mean!. Obama recently told the Speaker of the House that we don’t have a spending problem. Is Obama a sociopath, or does he suffer from some other mental malady?.
  
  Report this comment
- chips1
  Posted on January 7, 2013 at 9:38pm
  Obama is a muslim and his goal is to destroy the U.S. The RINO’s are going to finally figure it out and when they decide to start swinging their purses, stand by for a good old fashioned girl fight. Mud wrestling comes to mind.
  
  Report this comment
GoodCook
Posted on January 7, 2013 at 4:31pm
Typical of the radical extremeist Democrats to get everything wrong. Wait till they can’t pay their zombie voters and they come to pick their bones clean…..

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- jcldwl
  Posted on January 7, 2013 at 4:45pm
  Their zombie voters are already upset over the latest tax increase. It won’t take long to make them rise up like they want.
  
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Canada_Goose
Posted on January 7, 2013 at 4:28pm
“Their initial estimate of a $4.0 trillion budget increase was wrong,” writers at Zero Hedge note, “and when one factors in the fact that this incremental spending would have to be funded by, you guessed it, debt, debt which has interest, the full impact of the Obama tax cut rises deficits by 15% to $4.6 trillion over the next decade.”
________

I thought tax cuts pay for themselves, or better yet they actually increase revenue to the treasury and actually shrink deficits. I guess I was mistaken, this only works when Replicans presidents sign them, otherwise they’re budget busters.

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- 13th Imam
  Posted on January 7, 2013 at 8:42pm
  There were NO Tax Cuts. . Only hidden BarryCare Tax increases. Nobody will ever get a Tax Cut from any DEMOCRAT.
  
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ArmedAndReallyPissed
Posted on January 7, 2013 at 4:19pm
“An $800 billion miscalculation here, a $600 billion foul-up there”………..
WRONG…….Not miscalculations. These are blatant Lies. SS has been broke for years. The retired people getting SS today are getting it from those of us that are still working. There is no “account” for each person with money in it or a Vault full of SS money. The Vault is full of Governmnet IOU’s. Worthless paper.
But you can bet our Enemies like Pakistan and all the others will continue to get BILLIONS in aid every year with out fail.
We are the Sheep being Sheard.

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- 1TrueOne55
  Posted on January 7, 2013 at 4:31pm
  That’s not a miscalculation, the “Affordable Care Act” will take care of the longevity issue and then everything will “Balance” out. That is the mind set of the Progressive because when you track the birthrates going forward vs the deathrates you might find that the “Baby Boomer” generation will have inflated the payouts to the point that it will destroy the funding for about 20 years but then it will slowly rebound.
  
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- IntheDirt
  Posted on January 7, 2013 at 4:41pm
  I agree with you these are lies
  
  Report this comment
Dismayed Veteran
Posted on January 7, 2013 at 4:19pm
Palm to forehead.

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freeberty
Posted on January 7, 2013 at 4:16pm
It seems like everyone one knows what a parasite you have to be to deposit that check, unless your’re the 1 doing the depositing.

Kind of makes you understand the Children of Baal and how they could throw their future generations into the fire.

Don’t bother giving me your excuses, save it for your grandchildren whose future your’re destroying.

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Plan B
Posted on January 7, 2013 at 4:15pm
Not to mention the CBO scored the Fiscal Cliff deal at current interest rates. Zero Hedge had an article that showed how wrong thier estamates would be if the interest rates just went up 1% and also if they went to the normal historic rate of 5%. We are in some deep do do.

Thanks Blaze staff for widening your scope including articles from Pravda, RT and Zero Hedge!
I am glad to know I am not the only one going to alternative sites to get info not availble from mainstreet media!!

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progressiveslayer
Posted on January 7, 2013 at 4:15pm
You mean the government actually lied about the solvency of social security? I can’t believe it they wouldn’t do such a thing not our beloved government. ALL programs are bankrupt and everyone but Barry supporters know it,the fed on Barrys orders are simply printing or digitizing the dollar until it has zero value and if you think it isn’t possible for the dollar to collapse you’re in for a rude awakening. Debt will destroy us faster than anything else,just ask the Greeks how they’re doing these days.

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- Snowleopard {gallery of cat folks}
  Posted on January 7, 2013 at 4:25pm
  Indeed and we are closing in on a collapse greater than the world has seen before.
  
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- RIGHTHOOK
  Posted on January 7, 2013 at 4:32pm
  Progressiveslayer – And his fanatical followers will still suggest he and Geithner and the rest of the thieves are phenomenal leaders. It is beyond comprehension, defies logic and provides a clear and distinct means to our end as we knew it.
  
  Report this comment
Darmok and Jalad at Tanagra
Posted on January 7, 2013 at 4:12pm
If it weren’t for old people, social security (SS) would be just fine. If we could just come up with some plan to say……throw old people over a cliff, then SS would be there forever and ever.

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- Thighmaster
  Posted on January 7, 2013 at 4:28pm
  No it wouldn’t be there, the government has been stealing from SS and the USPS for many years. If it’s there they can spend it..
  
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- Darmok and Jalad at Tanagra
  Posted on January 7, 2013 at 4:36pm
  My sarcastic point was, in their view, If we could just keep people from using SS, there would be a sound system that would last forever, as long as no one uses it.
  
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- Paulhgreenbay
  Posted on January 8, 2013 at 8:29am
  Was thinking about you implying killing granny. I get the sarcasm….well that got me thinking about Logan’s Run and others. It’s kind of funny that the enemies in the Red Dawn remake were changed from Chinese to North Korea and Logan’s Run remake has went into developmental hell after WB was set to go full steam ahead in 2010. I bet Robocop that is based upon a drone maker using it’s technology to fight crime won’t be available if at all until after late 2014 (probably STV). I think Hollywood is putting the kibosh on the obvious self inflicted by bad government dystopia cataclysmic genre for now.
  
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mrja
Posted on January 7, 2013 at 4:11pm
No different than any other bogus methods the govt uses to calculate. “optics’ is all they care about, ‘facts’ do not fit their agenda.

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Cavallo
Posted on January 7, 2013 at 4:10pm
Wait.. let me put on my shocked face.

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toiletclogga
Posted on January 7, 2013 at 4:09pm
Get ready to pay more, and get less! That’s the new American way!

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