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Message
re: 56% of GOP voters want govt to pay more in monthly SS benefits/medicare
Posted on 5/15/24 at 6:09 pm to HailHailtoMichigan!
Posted on 5/15/24 at 6:09 pm to HailHailtoMichigan!
Lol, at these FAKE POLLS! 
0
Posted on 5/15/24 at 6:09 pm to Revelator
quote:
You are right. In all of these bills passed by Congress, there is very little frivolous spending and pet projects in them. There is absolutely no way to cut spending anywhere else.
I'm not saying we shouldn't slash this type of spending but it's a drop in the bucket compared to entitlement spending
It's like saving 20 dollars a month on car insurance after you buy a 250K car
Posted on 5/15/24 at 6:10 pm to BCreed1
quote:
That's a lot of horse shite you typed.
He was spot on.
You're a big government type so this may be hard to follow, but the fact is SS is an entitlement program that your compatriots (big gov't types in the government) packaged cleverly. The only thing different about social security is it came with its own special tax to (hopefully) pay for the entitlement.
Posted on 5/15/24 at 6:10 pm to Bass Tiger
quote:I'd love to see it too. I reckon we'll find bigfoot, aliens, Jimmy Hoffa's body, and many others before that happens.
I'm open to any indication the federal government is going to start behaving fiscally responsible as they expect me to behave fiscally responsible.
And you can see why, from this thread. Almost everyone L-O-V-E-S government spending as long as it comes to them.
quote:Yep. And DoD, SS, debt service is almost all of it. Which one you want to cut by 50% or more (and only two are an option)?
The federal government is taking in $4.5-5 trillion annually in taxes and spending $7 trillion annually.......we have a fricking spending problem along with a debt servicing approaching $1 trillion annually.
Posted on 5/15/24 at 6:11 pm to HailHailtoMichigan!
quote:
A majority of *republicans*
I know you’re working on your about face, but this is your group of people.
Posted on 5/15/24 at 6:14 pm to David_DJS
quote:Everone is crying "but it's my money!!" while claiming it's not an entitlement is peak delusion. If it was your money, you'd have control of it. You don't. The government does. Because it became their money when you gave (they took?) it to them.
The only thing different about social security is it came with its own special tax to (hopefully) pay for the entitlement.
SS isn't a deposit. It's not a loan to the government.Just like all the other taxes you pay.
Posted on 5/15/24 at 6:15 pm to Taxing Authority
quote:
I can assure you bond purchases question the viability of our debt all the time. It's the reason it has a yeild.
Do you pay interest on debt even though you are perfectly solvent?
Posted on 5/15/24 at 6:16 pm to BCreed1
Interesting, this chart shows the rapid increase in outlays occurring just as the gold standard was abolished by executive order under Nixon.....and that ushered in the framework for the Lords of Easy Money.
Posted on 5/15/24 at 6:18 pm to HailHailtoMichigan!
If we don't get it they will just give it to the "newcomers."
Posted on 5/15/24 at 6:19 pm to NC_Tigah
quote:Absolutely. Every home morrgage borrower does that.
Do you pay interest on debt even though you are perfectly solvent?
As does the government
Posted on 5/15/24 at 6:22 pm to Loserman
quote:
Boomers currently pay over 50% of all federal income taxes
You sure about that?
Posted on 5/15/24 at 6:32 pm to NC_Tigah
quote:
Square your contention with the FACT SS is in surplus'.
First off it isn’t
Congress borrowed 2.9 trillion from SS
Guess when they have to have it paid back by? 2035 which just happens to coincide with their prediction of insolvency
Second. We still have 2.7 times as many paying in as receiving
Wait until next half of us Boomers retire. Boomers pay over 50% of all taxes including SS
Posted on 5/15/24 at 6:36 pm to Taxing Authority
Probably the interest costs preferably
Posted on 5/15/24 at 6:36 pm to HailHailtoMichigan!
Let’s start with not sending hundreds of billions(likely trillions) to Afghanistan, Iraq, Ukraine, etc. and places like this. Use that money.
This post was edited on 5/15/24 at 6:38 pm
Posted on 5/15/24 at 6:38 pm to Gifman
Boomer here. Go weave a basket young fella!
There. Told you.
There. Told you.
Posted on 5/15/24 at 7:01 pm to HailToTheChiz
quote:
if we are to fix SS by 2033, it will require the largest tax increase in the history of the country, assuming congress kills any attempt at raising retirement age.
quote:
Why not just print more money? Congress seems to think that's the answer to everything right now
That is how congress will find the 2.9 trillion they have to pay back to SS by 2035
Printing it
Posted on 5/15/24 at 7:05 pm to Loserman
I’m 55. I would have done waaaay better by investing my taxes than what benefits I will draw at my retirement
Posted on 5/15/24 at 7:17 pm to Taxing Authority
quote:
SS and Medicare are not “entitlements.”In your view... what are they?
It’s case dependent on whether it’s a retur/refund of taxes or an entitlement
Posted on 5/15/24 at 7:21 pm to TROLA
quote:
It’s case dependent on whether it’s a retur/refund of taxes or an entitlement
They're defined as entitlements
And that fact isn't subject to the whims of your personal opinion that it's some case by case basis
Posted on 5/15/24 at 7:23 pm to TROLA
quote:To me an entitlement is free money (see welfare, SSI for kids who are “crazy”, Medicaid) in that they didn’t pay into the fund disbursing the benefits. Any person not a moron would understand this. Unfortunately, Taxing Authority is a moron.
It’s case dependent on whether it’s a retur/refund of taxes or an entitlement
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