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Uhm... The Conservatives are not looking to spend more than the 4 % available. From your own link:
Quote:
Feeling that continuing to invest in the welfare state and not in growth will limit the fund’s sustainability, Erna Solberg, the leader of the Conservative Party, says that their “agenda is to make sure the (oil) money is used for education, infrastructure, to finance tax cuts and for investment in research and development, especially in environmental areas where you need new technologies.” Since four percent of the fund is budgeted for state spending, she believes there is ample opportunity to invest in these initiatives.
You got it backwards. The Conservatives are looking at cutting benefits, but the Party of Progress is wanting to increase spending on benefits. That has always been the platform of the Party of Progress.
By the way, Norway has a population of 5 Million so if 300,000 are on waiting lists, that would be 6% of the entire population.
But if only 1 Million Norwegians are ill/sick, then 300,000 would be 30% of those needing health care services.
So, yeah, let's have a single-payer plan like Norway, and a holiday to Yahweh tomorrow.
You use a 15 year old news article as the source?
Quote:
Originally Posted by Mircea
Like Norwegians say, they're rich as long as they are living in any country but Norway.
From your link:
Quote:
Aside from its breathtaking scenery, visitors most often are impressed by the country’s breathtaking prices. Norway isn’t a good value for tourists. But despite the sky-high cost of consumer goods, Norway isn’t expensive for Norwegians, argues Erling Røed Larsen, a Norwegian economist.
That’s because one Norwegian work hour buys more than those of workers in many other comparable countries. French workers pay more than Norwegians for a loaf of bread in terms of working hours, for example. (Norwegians work 1,425 hours per year; Europeans work 1,700 hours.) “Not only do we have to work the fewest minutes in the world for most goods here at home, but when we travel, we buy them even cheaper,” he says.
I've seen the alternate budgets for both The Conservatives and The Progress Party. So, no.
Quote:
That, is a very intelligent and wise leader. Too bad Americans don't know how to elect someone like that.
And he's right. Spend that money and it would trigger Real Inflation. If the US nationalized its resources and spent the money, it would be like Nightmare on Elm Street on Friday the 13th
Ooops. There is economy really hasn't been doing so well. Without their oil revenues, they'd be just another Belarus (only much colder).
I spent 30 days there doing Arctic Weather Training and wasn't impressed. It looked like a dump, even worse than Romania. Denmark was much nicer.
Are you slow? First, the oil industry sucks in a great deal of the educated people. They would be working elsewhere had it not been for the oil, obviously. Comparing it to Belarus is laughable.
Second, can't really see why it's relevant if you did arctic weather training for 30 days. I'm assuming you were training in the far north. Looking like a dump? You and your arguments are pathetic.
Are you slow? First, the oil industry sucks in a great deal of the educated people. They would be working elsewhere had it not been for the oil, obviously. Comparing it to Belarus is laughable.
No, actually, the government's position is based on Opportunity Cost. That's why minimum wage is about $25/hour.
The government's position is that it needs waitresses and that waitresses would be working in the oil industry making about $25/hour or more, but they aren't because they're needed as waitresses, so they should be paid $25/hour.
There wasn't much going on in Norway BO (Before Oil) and Norway AO (After Oil) isn't going to be much better.
Quote:
Originally Posted by Sidee
Second, can't really see why it's relevant if you did arctic weather training for 30 days. I'm assuming you were training in the far north. Looking like a dump?
I didn't take the subway, we flew to Sola and drove the rest of the way. Through the country. It was a dump. It looked a lot like East Germany, only with mountains and fjords.
Quote:
Originally Posted by miamiworshipper
Can we plz return to...the behemoth of 310m..?
Why? You didn't read the Social Security Report and can't decipher it. How can you come up with a solution if you don't understand how the present plan operates?
SSA's low cost estimate assumes a 4.5% annual growth rate through 2020 (which is what I gave you).
That is just not going to happen. GDP for 2011 is going to be about 1.5%, so SSA already blew it, which means the revenue assumptions are all FUBAR. They're estimating payouts of $1+ TRILLION per year by 2020. You ain't got it.
In the first place, you cannot privatize the system, because there is no money in the Social Security Trust Fund. You would have to convert the special interest security bonds to cash before you privatized it, and I don't see the government finding $2.4 TRILLION anywhere anytime soon.
The best you can do is privatize it for new people coming into the system, but then you have already spent what they will contribute to Social Security through FICA before they even start working.
In other words, no matter what happens, the government is going to have cough up some money to capitalize it, and that isn't gong to happen.
So, just tell the working people they won't get paid? Is it that simple? But you say 'phase it out' which means we would still pay the retirees, which means I should keep paying into SS to fund their retirement, but never get a penny out of it??
That's your plan? Are you kidding me?
That may be YOUR plan, but that's not what I posted.
Yeah a 100% privatized social security system is a real genius idea. Let's leave what pitiful retirement most Americans will have up to a corrupt, and scamming stock market and US business environment where insider trading, asset/economic bubbles, and cronyism is the norm. Brilliant!
How about having a sovereign wealth fund based on nationalizing 70% of our national resources and using that multibillion dollar fund to invest in the people and the country equally throughout the life cycle. There's a thought. Ooops..........I forgot I'm living in America not Norway even though we have 100 times the amount of natural resources including oil and gas as they do. Atleast give young people the option to opt out. Nah.....those ideas are too ethical, moral, efficient, fair, equal, just, economical for America and government.
Over the last 25 years the stock market gave 11x the returns than social security has. If we had privatized SS a quarter of a century ago, current retirees would have 11x as much money every month.
Personally, I am not so heartless that I want to see the elderly suffer like that, but since you don't want to privatize SS, you obviously disagree.
People always have a subconscious mistrust to Wall Street & a reluctant faith in the gov...
Because gov can print monet,borrow,tax,do whatever it wants...
That's the unfortunate truth...
That's why socialism wins...
1) SS to remain "as is "...
With minor technical adjustments,so as to be solvent.
A fully gov program,no privatisation at all.
2) SS to be partially privatised.
A minority portion of its revenues to be invested in the private sector,
for better returns,with safeguards for losses...
3) SS to be fully privatised.
Not a gov program anymore,private pensions only. Those already retired will be covered by the gov going to debt to finance them for as long they live. All employees go to a private pension system.
darn, you did not have my choice in the poll.
social security to be gotten rid of in its entirety and to have all taxes that were coming out of individuals check to be returned to them.
retirement is a not a goverment function, it is something that washington dc has never learned. it is something called personal responsibility, nothing more and nothing less.
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