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First recorded activity by BoatBanter: Oct 2010
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Default No blood for oil

On Tue, 22 Mar 2011 15:43:12 -0400, wrote:

On Tue, 22 Mar 2011 10:23:35 -0700,
wrote:

On Mon, 21 Mar 2011 23:48:04 -0400,
wrote:

On Mon, 21 Mar 2011 18:43:50 -0700,
wrote:

On Mon, 21 Mar 2011 21:27:47 -0400,
wrote:

On Mon, 21 Mar 2011 17:02:41 -0700,
wrote:

On Mon, 21 Mar 2011 17:43:19 -0400,
wrote:

On Mon, 21 Mar 2011 11:40:55 -0700,
wrote:



If paygo doesn't apply to the entitlements and the DoD budget it is
about as significant as cutting the NPR budget.

"Federal Reserve chairman Alan Greenspan and former Congressional
Budget Office (CBO) director Dan L. Crippen have pointed to PAYGO as
instrumental in establishing the fiscal discipline that gradually
decreased the deficit during the 1990s and ultimately led to large
surpluses."

That was when SS and Medicare were paying their own way. Both are in
deficit now.

They are not in deficit in any way that affects the upcoming budget.
It's nonsense, right-wing fear-mongering.

You are not that stupid. How can you possibly say a program that
spends moire than it takes in is not in deficit?

Medicare has been upside down for several years and SS went upside
down 2 years ago.


And, it is not contributing one penny to the current deficit problem.
It "may" at some point if it isn't fixed.



WHAT? We are borrowing 40 cents of every dollar of the short fall and
Obama chopping 2% off of the FICA tax rate only makes it worse.


WHAT? Not because of SS/MC. I don't agree with any tax cut for the
wealthy.


Before that, they were trying to say a recovery would put SS back into
the black for a year, maybe two. Now they can't even make that claim.

Medicare is just spiraling down the black hole of debt with no end in
sight.


Go hide under your blankey.
 
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