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Old 04-06-2013, 10:27 AM
 
370 posts, read 439,824 times
Reputation: 185

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Quote:
Originally Posted by andywire View Post
How's that savior working out for you now libs? Won't be long before he decides the elderly should just be taken out back and "disposed of" to free up resources for Oblablacrap.

Isnt that what Republicans want? Kill off those lazy old people? (Unless you have the money of course)

 
Old 04-06-2013, 10:56 AM
 
Location: None of your business
5,466 posts, read 4,413,874 times
Reputation: 1179
Quote:
Originally Posted by mpyne View Post
Isnt that what Republicans want? Kill off those lazy old people? (Unless you have the money of course)
That is what the Democrats want us to believe.
 
Old 04-06-2013, 10:58 AM
 
Location: None of your business
5,466 posts, read 4,413,874 times
Reputation: 1179
Quote:
Originally Posted by mpyne View Post
I knew this before he was even elected in 2008
So why do so many Republicans hate him? when Republicans hate the middle class????
Yea, you're post confuses me too.
 
Old 04-06-2013, 11:48 AM
 
Location: Great State of Texas
86,052 posts, read 84,321,515 times
Reputation: 27718
Quote:
Originally Posted by mpyne View Post
Isnt that what Republicans want? Kill off those lazy old people? (Unless you have the money of course)
It seems that's what the Dems and Obama wants now, isn't it ?
You didn't elect Romney and you didn't put the Repubs in power.

This is the Dems talking so face up to it.
 
Old 04-06-2013, 12:14 PM
 
Location: Ohio
24,623 posts, read 19,105,746 times
Reputation: 21738
Quote:
Originally Posted by squarian View Post
It's not going to happen: Boehner has already turned it down. Possibly because he and the rest of the GOP House caucus are wary of a Trojan horse. Just another step in the budget-crisis minuet.
Quote:
Originally Posted by EmeraldCityWanderer View Post
I don't see why the GOP gets no blame. It's their budget this proposal comes from...and they refuse to vote on the budget until this portion, and even more cuts, are approved. They are both to blame for proposing these cuts. Blaming one or the other is very disingenuous.
Quote:
Originally Posted by Winter_Sucks View Post
I'm not sure how getting more tax revenue is a trojan horse if the idea is crystal clear for everyone to see?
Crystal clear?

I'd be happy if the three of you actually understood what you read.

What's wrong with this very slanted reporting?

"Under a proposal that would cut the deficit by $1.8 trillion over 10 years,..."

Do you understand that means the annual Budget Deficit would be reduced by $180 Billion per year?

It means ~$1 TRILLION will still be added to the National Debt each year for 10 years....

"That change would result in lower payments to some beneficiaries of the Social Security program for retirees...."

That is an absolute lie. I have wonder why the three of you didn't jump all over such a blatant distortion of the truth.


Quote:
Originally Posted by padcrasher View Post
You're just buying into right wing propaganda. Your chart is meaningless, because worker productivity has skyrocketed to make up for the difference.
Worker productivity is of no relevance and has no bearing on anything.

Quote:
Originally Posted by padcrasher View Post
You got fooled because somebody flashed a chart in front of your eyes and you don't know any better.

Here I'll let the experts explain your stupidity to you
Dean Baker is an expert?

You can tell him from me he's a friggin' jack-ass. He's clueless and his blather is nothing but disinformation.

Only someone like Göbbels would repeat the same lie over and over....so at least you and Dean Butt-head have something in common. You both might want to read this.....

Table IV.B2.—Covered Workers and Beneficiaries, Calendar Years 1945-2090

"The cost rate then rises rapidly between 2017 and 2035, primarily because the number of beneficiaries rises much more rapidly than the number of covered workers as the baby-boom generation retires.

Compared to the 2011 level of 35 beneficiaries per 100 covered workers, the Trustees project that this ratio will rise to 49 by 2035 under the intermediate assumptions because the growth in beneficiaries greatly exceeds the growth in workers.

For each alternative, the curve in figure IV.B2 is strikingly similar to the corresponding cost-rate curve in figure IV.B1. This similarity emphasizes the extent to which the cost rate is determined by the age distribution of the population.

The cost rate is essentially the product of the number of beneficiaries and their average benefit, divided by the product of the number of covered workers and their average taxable earnings. For this reason, the pattern of the annual cost rates is similar to that of the annual ratios of beneficiaries to workers.
"

[bold and underlined emphasis mine]

Pages 52-54

112th Congress, 2d Session

House Document 112-102

THE 2012 ANNUAL REPORT OF THE BOARD OF TRUSTEES OF THE FEDERAL OLD-AGE AND SURVIVORS INSURANCE AND FEDERAL DISABILITY INSURANCE TRUST FUNDS


As soon as you stop drinking Dean's Kool-Aid you won't look as silly.

Quote:
Originally Posted by MTAtech View Post
Social Security does not contribute one dime to the deficit -- not one dime.
Uh, that depends on how the government converts the special treasury securities to cash.

Remember, this is the Real World....we don't just wave a magic wand and the IOUs instantly become cash to be electronically transferred to beneficiaries.

Quote:
Originally Posted by MTAtech View Post
In addition, the trust fund has a surplus of $2.7 trillion.
No, that would be a total fail.....the Trust Fund has a deficit of $20.5 TRILLION.

Trying reading the annual reports published by the Trustees for once in your life.

The Trust Fund represents future payments. You didn't collect enough in taxes for February so both the OASI and OADI Trust Funds lost a few $Billion ($6 Billion OASI and $3 Billion OADI). My guess is you lost money in March, too.

Quote:
Originally Posted by MTAtech View Post
Moreover, back in the 1945, employee contributions were 1%. Now they are 6.2%.
Yeah, and...?

Dollar Benefits per Retiree = Workers (n) * [Wage Rates*Hours] * in Tax Level

Wow.......8th Grade Math.

You are short 13.7 Million workers.....that is the number of workers you need working right now, this second, in order to keep the tax rate at 6.2%.

Your wages are flat/declining.....that trend will continue 30-40 more years.

So....you either cut benefits or raise the FICA payroll tax rate. By January 2016, one of the following two events must occur.....if you want to keep Social Security as you know it....

1] You must create 13.7 Million jobs to make up the difference. That isn't going to happen.

2] You must increase the FICA rate to 9.0%-9.2%....I don't see that happening either.

You might want to go back and review the period 1975 to 1983 when the Social Security Trust Fund was on the verge of collapse.

Quote:
Originally Posted by MTAtech View Post
Worse, the idea that in order to prevent having to cut benefits in the future we need to cut them now, makes no logical sense.
Benefits aren't being cut. That's just propaganda from Liberals. You cannot lose something you never had in the first place.

Changing the formula for the computation of Cost Of Living increases which may or may not even occur is not a cut in benefits no matter how much MSNBC and the unions scream.

Not impressed....

Mircea
 
Old 04-06-2013, 12:21 PM
 
Location: Too far from home.
8,732 posts, read 6,769,906 times
Reputation: 2374
Quote:
Originally Posted by freightshaker View Post
It needs to be said that each year Obama has proposed a budget (which is more than the senate can say) and he has never had a single member vote for his budget. That should say something on its own.
Maybe that's due to the fact that Obama is a spend, spend, spend President and his proposed budgets were all about spending???
 
Old 04-06-2013, 12:25 PM
 
Location: Earth
24,620 posts, read 28,236,422 times
Reputation: 11416
Liberals angered as Obama Offers Cuts to Social Security and Medicare

Miss this thread, OP?
Late to the party.
 
Old 04-06-2013, 12:26 PM
 
Location: Too far from home.
8,732 posts, read 6,769,906 times
Reputation: 2374
Quote:
Originally Posted by eRayP View Post
I remember when Obama said he was concerned about retirees struggling to get by and was unequivocal in his opposition to cutting cost-of-living adjustments.”
Was that something he said when he was campaigning for re-election? Pfffff. He covered every base he could when he was campaigning to be re-elected. He told each base what they wanted to hear to get their vote.
 
Old 04-06-2013, 12:33 PM
 
Location: Great State of Texas
86,052 posts, read 84,321,515 times
Reputation: 27718
Quote:
Originally Posted by softblueyz View Post
Was that something he said when he was campaigning for re-election? Pfffff. He covered every base he could when he was campaigning to be re-elected. He told each base what they wanted to hear to get their vote.
Romney and the Repubs were going to kill off the old people by gutting their programs.
Ryan was the evil one and out to get seniors.

Obama would save them though if you re-elected him.

Well I hope you like the way he's SAVING you.
 
Old 04-06-2013, 01:38 PM
 
Location: OCEAN BREEZES AND VIEWS SAN CLEMENTE
19,893 posts, read 18,409,927 times
Reputation: 6465
Quote:
Originally Posted by HappyTexan View Post
Romney and the Repubs were going to kill off the old people by gutting their programs.
Ryan was the evil one and out to get seniors.

Obama would save them though if you re-elected him.

Well I hope you like the way he's SAVING you.

Well stated HappyTexan;



and if most people are happy with the way he is saving us all, God help us all. We all have lost it.

Obama has a odd way of thanking those naive supporters, who believe in everything he says or does.

Talks savy and smooth, that is where it all ends! A good actor he is will not have a problem finding a acting job.
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