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Our country is broke because we spend more than what we have.
Our major expenses are Medicare and Social Security. There is no way around this. They will not be taken away but benefits will be cut, otherwise we will be screwed and there will be no social security for anyone if no one buys our treasuries, no one is gonna buy our treasuries if we continue to multiply our debt. Many economic analysis are predicing. our treasuries will lose their AAA rating sometime this year or next year.
Our country has no other choice than to reduce these benefits.
You're terribly misinformed. SS is in no danger of not paying benefits.
SS does not contribute much to the debt. It would pay for itself with a small tax increase.
And of course like a good misinformed, right winger....you can't bring yourself to mention the elephant in the room, the absurd defense budget.
You'd rather cut benefits for your Grandkids....that' sad.
For some reason, these ungrateful old folks keep voting in the same Republicans who threaten to cut programs which greatly benefit them and demean the party that actually wants to help them ("Keep your goddamn government hands off my Medicare!"). This would hugely reduce our deficit and show people that who you vote for has consequences.
Am I not catching your sarcasm, or do you seriously not know Obamacare cut half a trillion from the Medicare budget?
For some reason, these ungrateful old folks keep voting in the same Republicans who threaten to cut programs which greatly benefit them and demean the party that actually wants to help them ("Keep your goddamn government hands off my Medicare!"). This would hugely reduce our deficit and show people that who you vote for has consequences.
Maybe, just maybe these old folks know something we don't.
Considering the RW's frantic need to cut the deficite without raising the taxes on the top 1% maybe Social Security payments should be eliminated for anyone that ever registerd Republican. That would put the burden on the people that voted for the "borrow and spend" Republicans.
Anytime the SS coffers had a surplus Congress immediately took it and replaced it with IOU's.
It was once untouchable but now is used to pay the government's "bills".
Only now the monthly revenue is less than the monthly outlay so they need to borrow from the Treasury to cover.
Medicare..well that is a lost cause because health care in the US is out of control as far as costs.
We've become a pill happy, testing happy, run to the doctor with a sniffle nation.
Yes the country is broke. So why not look at welfare, food stamps, HUD and work to get these people OUT of the programs and decrease costs ?
Considering the RW's frantic need to cut the deficite without raising the taxes on the top 1% maybe Social Security payments should be eliminated for anyone that ever registerd Republican. That would put the burden on the people that voted for the "borrow and spend" Republicans.
What they should do is allow any misinformed right wing lemming to sell his future SS benefits to others at 5 cents on the Dollar...because you know ....they are worth anything....LOL
Anybody that dumb and mentally lazy deserves to live in squalor.
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"Yesterday's report also said the Social Security trust fund will begin to spend more money than it takes in through tax revenue in 2016, one year sooner than predicted a year ago.
Administration officials said that if Congress were to act immediately, the impending gap could be filled three ways: by raising workers' Social Security payroll taxes by 2 percentage points, from 12.4 percent to 14.4 percent; by reducing benefits by 13 percent; or a combination of the two approaches. The officials briefed reporters on the condition of anonymity on the technical aspects of the trustees' findings."
Yes factcheck.org is a Bush political ad. Doh!
Last edited by shorebaby; 01-06-2011 at 07:34 AM..
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