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#1
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wrote in message ups.com... Cut welfare programs. They make up nearly 55% of the federal budget. A grossly (and intentionally) inaccurate statement. **************** Actually, about 55-58% of the budget *is* entitlements. The payouts include social security, medicare, medicaid, veterans benefits, federal retirement, etc. I guess you could say that 50-some percent of the federal budget goes to "welfare" if you want to clasify virtually every retired person over 62-65 years of age in the US as a "welfare recipient". I'd guess a lot of folks bitching about 50-some percent of the budget going to "welfare" probably get some of that 50-some percent money every month, but would shoot the first person to accuse them of being on "welfare". Social Security comes out of the "SS Trust Fund", so is off budget? |
#2
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Social Security comes out of the "SS Trust Fund", so is off budget?
********* Something about Google prevents me from posting links here. If your do a search on Federal Budget Pie Chart you will find examples where 50-55% is labeled for entitlements that always include social security. I had a good link, but for some reason I couldn't post it. Maybe the charts are "federal expenditure" vs. federal budget. They're easy to find |
#3
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wrote in message oups.com... Social Security comes out of the "SS Trust Fund", so is off budget? ********* Something about Google prevents me from posting links here. If your do a search on Federal Budget Pie Chart you will find examples where 50-55% is labeled for entitlements that always include social security. I had a good link, but for some reason I couldn't post it. Maybe the charts are "federal expenditure" vs. federal budget. They're easy to find I thought we had a Social Security Trust Fund. Seems as if a lot of posters here were telling us that. I guess, I was just mis informed. Bill |
#4
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Bill McKee wrote:
I thought we had a Social Security Trust Fund. No, you didn't. Even after receiving lots of proof, you just shoved your head deeper in the sand and kept on isnisting that not only do we not have a SS Trust Fund, but that the SS Trust Fund we don't have is invested in "worthless" U.S. bonds. ... Seems as if a lot of posters here were telling us that. I guess, I was just mis informed. Yep. But if you actually learned something, you'd have to shed some prejudices and change some of your opinions... and we *KNOW* that ain't gonna ever happen... DSK |
#5
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"DSK" wrote in message ... Bill McKee wrote: I thought we had a Social Security Trust Fund. No, you didn't. Even after receiving lots of proof, you just shoved your head deeper in the sand and kept on isnisting that not only do we not have a SS Trust Fund, but that the SS Trust Fund we don't have is invested in "worthless" U.S. bonds. ... Seems as if a lot of posters here were telling us that. I guess, I was just mis informed. Yep. But if you actually learned something, you'd have to shed some prejudices and change some of your opinions... and we *KNOW* that ain't gonna ever happen... DSK You still are ignorant as hell. And notice no smiley face on this post. There is no trust fund!!! If there was a "Trust Fund" they would not be spending that money for everyday running of the government. In the private world, you go to jail for running a trust fund that way. |
#6
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Chuck,
There is no Trust Fund. What we need is a lockbox. ; ) wrote in message oups.com... Social Security comes out of the "SS Trust Fund", so is off budget? ********* Something about Google prevents me from posting links here. If your do a search on Federal Budget Pie Chart you will find examples where 50-55% is labeled for entitlements that always include social security. I had a good link, but for some reason I couldn't post it. Maybe the charts are "federal expenditure" vs. federal budget. They're easy to find |
#7
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"Bill McKee" wrote in message nk.net... wrote in message ups.com... Cut welfare programs. They make up nearly 55% of the federal budget. A grossly (and intentionally) inaccurate statement. **************** Actually, about 55-58% of the budget *is* entitlements. The payouts include social security, medicare, medicaid, veterans benefits, federal retirement, etc. I guess you could say that 50-some percent of the federal budget goes to "welfare" if you want to clasify virtually every retired person over 62-65 years of age in the US as a "welfare recipient". I'd guess a lot of folks bitching about 50-some percent of the budget going to "welfare" probably get some of that 50-some percent money every month, but would shoot the first person to accuse them of being on "welfare". Social Security comes out of the "SS Trust Fund", so is off budget? Don't make me laugh. Off budget? |
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