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Canuck57[_9_] Canuck57[_9_] is offline
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First recorded activity by BoatBanter: Oct 2009
Posts: 6,596
Default Winning elections is not good enough

On 20/02/2011 9:28 AM, wrote:
On Sat, 19 Feb 2011 23:01:11 -0800,
wrote:

On Sun, 20 Feb 2011 00:17:10 -0500,
wrote:



Cutting half of the DoD budget is a good start but if you ignore
SS/Medicare you will never get a handle on the deficit.

The rest may be good symbolism but they are insignificant.

Completely untrue and misleading as usual.

What is untrue? You don't think SS and Medicare are a budget buster in
the out years?


SS/MC are not in trouble right now. They will be if nothing is
changed, but NOT RIGHT NOW.



WTF? Both are paying out more than they take in. In any other business
that is called running at a loss. There is no likely scenario that
will make that get any better. One of the current proposals is to
remove the FICA tax altogether so they do not have to perpetuate this
lie of "insurance" or "an investment". SS/Medicare will just become
welfare. That will make it easier to ration, means test and alter
benefits.


In reality, that is what it has become. A welfare tax. 90% of the
working population would be better off if it was all refunded with fair
interest and employers part into their IRA.

--
Socialism is a great ideal as long as someone else pays for it. And when
no one is left to pay for it, they all can share nothing.