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Old 12-08-2017, 09:24 PM
 
8,238 posts, read 6,583,293 times
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Just today or yesterday, Speaker of the House Paul Ryan was quoted as saying Congress needs to attack the entitlements next in the new year. (Social Security and Medicare).

marino760, I suggest you not talk down to me with your tone dripping with condescension. I'm quite sure I know just as much about politics and government as you do, if not much more, having followed it closely for decades since age 18 and currently very closely.

There's no need for you to use your derisive tone in discussion. You can state a position without insults.

Last edited by matisse12; 12-08-2017 at 10:04 PM..
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Old 12-08-2017, 11:25 PM
 
Location: TN/NC
35,081 posts, read 31,313,313 times
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I don't approve of all parts of this bill. With that said, there were some benefits and closing of loopholes I thought were long overdue.
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Old 12-09-2017, 05:52 AM
 
31,683 posts, read 41,045,989 times
Reputation: 14434
Quote:
Originally Posted by matisse12 View Post
Just today or yesterday, Speaker of the House Paul Ryan was quoted as saying Congress needs to attack the entitlements next in the new year. (Social Security and Medicare).

marino760, I suggest you not talk down to me with your tone dripping with condescension. I'm quite sure I know just as much about politics and government as you do, if not much more, having followed it closely for decades since age 18 and currently very closely.

There's no need for you to use your derisive tone in discussion. You can state a position without insults.
Bada Bing! Can’t rep you again yet.
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Old 12-09-2017, 05:57 AM
 
31,683 posts, read 41,045,989 times
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Quote:
Originally Posted by mike1003 View Post
And, should be

Accuracy Tables have drastically changed.

Americans are working and living longer
Actuarial tables have what connection with a shutdown? I am talking about filing and having your application not processed during the shutdown. Thus delaying when your benefits start. If like me (who I was referring to) you are filing to begin at age 70. That is probably money lost since their is no benefit increase after 70.
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Old 12-09-2017, 06:05 AM
 
8,228 posts, read 14,220,959 times
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Quote:
Originally Posted by Cruzincat View Post
That 50 billion spent here in the US would create jobs, which would in turn create more revenue coming in. It would boost our economy a little more than it would if it were shipped overseas to where it has zero positive Impact on the US economy.

$50B divided by $55,000, which is the approximate median income per family is over 900K good paying jobs.

That ain't hay!
Will it? I suspect not. Profit is still the driving factor as far as I know. You get profit from using overseas manufacturing. Is there some restriction on the mone? Must be used in the US? If not, that is a sentimental pipedream
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Old 12-09-2017, 06:14 AM
 
31,683 posts, read 41,045,989 times
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Quote:
Originally Posted by Giesela View Post
Will it? I suspect not. Profit is still the driving factor as far as I know. You get profit from using overseas manufacturing. Is there some restriction on the mone? Must be used in the US? If not, that is a sentimental pipedream
Since it is tax dollars that would no longer be collected it would stay in the hands of those who earned it. Since the wealthy pay most of the taxes and would receive the benefits it would fall under their use habits. Since they love to invest money it would flow into investments increasing more investor value to be reinvested. Spending? Lots of high end imports to be purchased.

Yes profit drives the engine and makes it go faster.

Tax cuts create more profit and thus return on investment growth and more income for investors which includes retirees and pension funds.
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Old 12-09-2017, 06:39 AM
 
11,177 posts, read 16,021,941 times
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Quote:
Originally Posted by Serious Conversation View Post
I don't approve of all parts of this bill. With that said, there were some benefits and closing of loopholes I thought were long overdue.
And what loopholes might they be?
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Old 12-09-2017, 08:56 AM
 
10,612 posts, read 12,132,699 times
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Quote:
Speaker of the House Paul Ryan was quoted as saying Congress needs to attack the entitlements next in the new year.
Which to me is why I personally can't say people 55-59 -- ARE INDEED totally safe from any changes.

At 57 1/2 -- I'm white knuckling it.....
Usually you certainly hate to wish you were older, but if I were already 59 and turning 60 next year (what's that just two years older) -- I'd feel a heck of a lot safer from any changes. I'm hoping to age up, and that Congress dithers just a l i t t l e longer to make it into safe (safer??) cover.
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Old 12-09-2017, 09:32 AM
 
31,683 posts, read 41,045,989 times
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Originally Posted by selhars View Post
Which to me is why I personally can't say people 55-59 -- ARE INDEED totally safe from any changes.

At 57 1/2 -- I'm white knuckling it.....
Usually you certainly hate to wish you were older, but if I were already 59 and turning 60 next year (what's that just two years older) -- I'd feel a heck of a lot safer from any changes. I'm hoping to age up, and that Congress dithers just a l i t t l e longer to make it into safe (safer??) cover.
They are not at all safe and if Ryan was to be believed it is no longer 55 at the bottom but now somewhere around 58ish. Fifty five was if adopted when first proposed I believe he made it clear that each year not enacted would move the age up one to make it work.
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Old 12-09-2017, 09:37 AM
 
8,228 posts, read 14,220,959 times
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Quote:
Originally Posted by TuborgP View Post
Since it is tax dollars that would no longer be collected it would stay in the hands of those who earned it. Since the wealthy pay most of the taxes and would receive the benefits it would fall under their use habits. Since they love to invest money it would flow into investments increasing more investor value to be reinvested. Spending? Lots of high end imports to be purchased.

Yes profit drives the engine and makes it go faster.

Tax cuts create more profit and thus return on investment growth and more income for investors which includes retirees and pension funds.
The stock market keeps going up, the rich get richer (just look at the Khardashians) been going on awhile and I see no real increase in jobs. I don't expect that to change.

My question is - what will you do when it doesnt? Will you even be able to admit it to yourself? And if so, what will you do?
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