carlfense Posted March 30, 2012 Author Share Posted March 30, 2012 I guess you'll have to enlighten me on your second point - to what government-provided health care are you referring? Medicare or Medicaid for starters. Everyone seems to agree that the federal government can force citizens to pay into a program that in turn pays providers to give care to some citizens. The ACA (in part) cut the government out and required citizens to pay that money to a private insurer who then paid providers. I'm a terrible accountant . . . but how are those different from a financial perspective? And that is one reason that MC,MCAID, and SS are going bankrupt and need to be changed! Adding another govt. program that can't sustain itself is sheer madness and I can't believe intelligent people are actually falling for this. It is another nail in the US bankruptcy coffin, and it is coming, no bones about it. We are Greece just ten years ago. I was watching a show, I can't remember where and I don't have the stats but we have the same financial numbers that Greece had a decade ago. I know everyone will come on here and say we aren't Greece and no one will remember this silly thread in ten years. But I want all of you to remember that you were arguing about the debt and how you stood up for all the entitlements. Link to comment
johnnyrodgers20 Posted March 30, 2012 Share Posted March 30, 2012 And that is one reason that MC,MCAID, and SS are going bankrupt and need to be changed! Adding another govt. program that can't sustain itself is sheer madness and I can't believe intelligent people are actually falling for this. It is another nail in the US bankruptcy coffin, and it is coming, no bones about it. We are Greece just ten years ago. I was watching a show, I can't remember where and I don't have the stats but we have the same financial numbers that Greece had a decade ago. I know everyone will come on here and say we aren't Greece and no one will remember this silly thread in ten years. But I want all of you to remember that you were arguing about the debt and how you stood up for all the entitlements. That is so weird! I can't remember where I read it and I don't have the numbers on hand at the moment, but I was watching a show that said exactly the opposite of that. What are the odds? Not very good I think you may be fibbing, however, I am not. In about three years there will be economic problems like you have never seen. People who never think anything bad can happen to them have your cavalier attitude, good luck with that. Link to comment
knapplc Posted March 30, 2012 Share Posted March 30, 2012 Not very good I think you may be fibbing, however, I am not. In about three years there will be economic problems like you have never seen. People who never think anything bad can happen to them have your cavalier attitude, good luck with that. Totally not fibbing. I so wish I could remember that thing I once read or saw or heard, or any of the numbers, but man, it was really clear that we're screwed. I can't support that statement in any way, but really - just believe me. Link to comment
johnnyrodgers20 Posted March 30, 2012 Share Posted March 30, 2012 Not very good I think you may be fibbing, however, I am not. In about three years there will be economic problems like you have never seen. People who never think anything bad can happen to them have your cavalier attitude, good luck with that. Totally not fibbing. I so wish I could remember that thing I once read or saw or heard, or any of the numbers, but man, it was really clear that we're screwed. I can't support that statement in any way, but really - just believe me. Ah now I see you a silly guy. I guess My memory has let me down and now you can act out your sophomoric skit, good one. I will find the numbers and you can paly your little game some more. Link to comment
knapplc Posted March 30, 2012 Share Posted March 30, 2012 I will find the numbers That's a brilliant idea. Link to comment
johnnyrodgers20 Posted March 30, 2012 Share Posted March 30, 2012 I will find the numbers That's a brilliant idea. I am glad that I made your day!! Link to comment
johnnyrodgers20 Posted March 30, 2012 Share Posted March 30, 2012 Here are some numbers. I know you won't like the Ryan plan but look at the numbers on debt to GDP. Look at the amount of interest each person owes as of right now. Check out the 1:30 mark and see how the debt balloons with the BO budget. And notice what a hypocryte oBUma is, listen at the 2:20 mark. Hope that helps, look at the numbers and try not to be the usual lefty. http://video.foxbusiness.com/v/1521206157001/the-ryan-budget-vs-the-obama-budget Link to comment
knapplc Posted March 30, 2012 Share Posted March 30, 2012 Where's the part about Greece, Johnny? 1 Link to comment
'SkersRule Posted March 30, 2012 Share Posted March 30, 2012 The last 5 Trustees Reports have indicated that Social Security's Old-Age, Survivors, and Disability Insurance (OASDI) Trust Funds would become exhausted between 2036 and 2041 under the intermediate set of economic and demographic assumptions provided in each report. If no legislative change is enacted, scheduled tax revenues will be sufficient to pay only about three fourths of the scheduled benefits after trust fund exhaustion. Many policymakers have developed proposals and options to address this long-range solvency problem. http://www.ssa.gov/OACT/solvency/index.html Maybe the SSA site is lying about the social security fund going broke. The simple fact is that we as a nation are going broke. Those projections of the SSA Trust Fund lasting until 2040 or so is nothing more than an optimistic guess. If baby boomers start retiring en masse and demanding full benefits the ssa could go bankrupt much faster. On top of that we can not afford our federal budget as is. We borrow billions from China each year and the federal reserve prints money to cover the remaining gap like we're playing a game of Monopoly. And yet we have politicans who want to spend even more money on an even more bloated federal budget. The left seems to think that we can spend our way out of debt. Link to comment
carlfense Posted March 30, 2012 Author Share Posted March 30, 2012 The last 5 Trustees Reports have indicated that Social Security's Old-Age, Survivors, and Disability Insurance (OASDI) Trust Funds would become exhausted between 2036 and 2041 under the intermediate set of economic and demographic assumptions provided in each report. If no legislative change is enacted, scheduled tax revenues will be sufficient to pay only about three fourths of the scheduled benefits after trust fund exhaustion. Many policymakers have developed proposals and options to address this long-range solvency problem. http://www.ssa.gov/O...ency/index.html Maybe the SSA site is lying about the social security fund going broke. The simple fact is that we as a nation are going broke. Those projections of the SSA Trust Fund lasting until 2040 or so is nothing more than an optimistic guess. If baby boomers start retiring en masse and demanding full benefits the ssa could go bankrupt much faster. On top of that we can not afford our federal budget as is. We borrow billions from China each year and the federal reserve prints money to cover the remaining gap like we're playing a game of Monopoly. And yet we have politicans who want to spend even more money on an even more bloated federal budget. The left seems to think that we can spend our way out of debt. Oh, boy. We've got a full fledged emergency on our hands. Link to comment
johnnyrodgers20 Posted March 30, 2012 Share Posted March 30, 2012 Where's the part about Greece, Johnny? You need to findyourself better entertainment!! Link to comment
carlfense Posted March 30, 2012 Author Share Posted March 30, 2012 Where's the part about Greece, Johnny? yeah . . . ? Link to comment
johnnyrodgers20 Posted March 30, 2012 Share Posted March 30, 2012 Where's the part about Greece, Johnny? Here you go knapplcy!! Enjoy!! http://www.cnn.com/2010/BUSINESS/02/10/greek.debt.qanda/index.html Link to comment
'SkersRule Posted March 30, 2012 Share Posted March 30, 2012 The last 5 Trustees Reports have indicated that Social Security's Old-Age, Survivors, and Disability Insurance (OASDI) Trust Funds would become exhausted between 2036 and 2041 under the intermediate set of economic and demographic assumptions provided in each report. If no legislative change is enacted, scheduled tax revenues will be sufficient to pay only about three fourths of the scheduled benefits after trust fund exhaustion. Many policymakers have developed proposals and options to address this long-range solvency problem. http://www.ssa.gov/O...ency/index.html Maybe the SSA site is lying about the social security fund going broke. The simple fact is that we as a nation are going broke. Those projections of the SSA Trust Fund lasting until 2040 or so is nothing more than an optimistic guess. If baby boomers start retiring en masse and demanding full benefits the ssa could go bankrupt much faster. On top of that we can not afford our federal budget as is. We borrow billions from China each year and the federal reserve prints money to cover the remaining gap like we're playing a game of Monopoly. And yet we have politicans who want to spend even more money on an even more bloated federal budget. The left seems to think that we can spend our way out of debt. Oh, boy. We've got a full fledged emergency on our hands. Actually yes we do. Well it's not an emergency yet but the hurricane warnings are out and the wind and rain is starting to get heavier. Link to comment
johnnyrodgers20 Posted March 30, 2012 Share Posted March 30, 2012 The last 5 Trustees Reports have indicated that Social Security's Old-Age, Survivors, and Disability Insurance (OASDI) Trust Funds would become exhausted between 2036 and 2041 under the intermediate set of economic and demographic assumptions provided in each report. If no legislative change is enacted, scheduled tax revenues will be sufficient to pay only about three fourths of the scheduled benefits after trust fund exhaustion. Many policymakers have developed proposals and options to address this long-range solvency problem. http://www.ssa.gov/O...ency/index.html Maybe the SSA site is lying about the social security fund going broke. The simple fact is that we as a nation are going broke. Those projections of the SSA Trust Fund lasting until 2040 or so is nothing more than an optimistic guess. If baby boomers start retiring en masse and demanding full benefits the ssa could go bankrupt much faster. On top of that we can not afford our federal budget as is. We borrow billions from China each year and the federal reserve prints money to cover the remaining gap like we're playing a game of Monopoly. And yet we have politicans who want to spend even more money on an even more bloated federal budget. The left seems to think that we can spend our way out of debt. Oh, boy. We've got a full fledged emergency on our hands. Yes, grasshopper we do!! Link to comment
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