$2.4 Trillion Dollar Budget

[Dissipate]

Originally posted by: Jhhnn
Huh.

SS doesn't have anything to do with the current deficits- it pays for itself and puts a surplus in the treasury. ~$1.2 T of the total federal debt is money borrowed from SS to finance other govt spending. SS is projected to begin needing that money back ~2015, when projected inflows become less than the projected outflows, and should be able to maintain itself on that basis until ~2040.

So, uhh, lay off the uber-right misidentification of the problem, find the facts here-

http://www.ssa.gov/

The repub bait and switch on the senior drug plan doesn't even enter into it- that won't start until 2006, if ever. Plenty of time to rip the guts out of that, after all those seniors vote republican in 2004...

Want to know where the deficits come from, for real? They come from taxcuts, particularly for those who need them the least, and from spending on the military and so-called security- pay attention to table 6-

http://www.cbpp.org/12-16-03bud.htm

It seems to be very fashionable among the rabid right to trash SS, blame it for everything from moral decay to international terrorism. Look a little deeper for the causes of the current deficits, like in your own anti-tax feed the rich rhetoric and knee jerk ineffective spending to counter nonexitent threats.

From Amok-

"Why not propose a phase out? In 10 years, SS dies. That way, people can make some plans to mitigate the impact. If you lose what you've payed in, just count it as another tax and move on."

And just what are the current 65 year-olds living on SS now supposed to do to to, uhh, "mitigate the impact"? Save up for a handgun so they can blow their brains out?

Social Security does not "pay for itself". What the hell gave you that idea? You make it sound as if Social Security is a private company that has profits, what a crock! I don't give a DAMN what you call the money, its still a tax. About 30% of the national budget goes to social security, 30 god damn percent! I'm glad they took money out of SS to pay for other stuff, to say SS is hogging the budget is an understatement. It is outright consuming the whole thing as a rabid dog consumes a chunk of meat.

To say that tax cuts have caused the deficit is ridiculous. This assumes that the size of government can never shrink, it can only get larger. Tax cuts are not the problem, this out of control spending is the problem. The government should cut taxes and then it should reduce its size. Instead it has cut taxes and increased its size, only half the equation has been met.

Anti-tax feed the rich rhetoric?! I am far from rich buddy, but I have something called principles. Those principles say that people should be allowed to keep what they earn no matter what they make. Furthermore, how much in taxes do you pay? The top 10% of earners pay more than half the tax revenue.

I detest the fact that the government prys into our lives and "has" to know everyone's income. As far as I am concerned my income is none of the government's damn business. If my income is from private transactions and private corporations and is for my private use the government has no precedent to know what I earn. The idea that people have to report their income comes from jealous people like you who want to monitor everyone's paycheck and say: "He's earning more than me, WAAAAAAAAAAAAA! No fair!". Use taxes in my opinon are a much fairer way to tax and also allows people to retain some kind of damn privacy.

Collectivists like yourself have created the IRS and the Federal Reserve. Both of which have done more damage to this country than historians will ever know.

 

[SuperTool]

It's funny how Bush's solution to the debt hole we are in is not to dig us out, not even to stop digging, but to promise that in 5 years he'll dig half as fast

 

[sandorski]

Originally posted by: Dissipate

Originally posted by: Jhhnn
Huh.

SS doesn't have anything to do with the current deficits- it pays for itself and puts a surplus in the treasury. ~$1.2 T of the total federal debt is money borrowed from SS to finance other govt spending. SS is projected to begin needing that money back ~2015, when projected inflows become less than the projected outflows, and should be able to maintain itself on that basis until ~2040.

So, uhh, lay off the uber-right misidentification of the problem, find the facts here-

http://www.ssa.gov/

The repub bait and switch on the senior drug plan doesn't even enter into it- that won't start until 2006, if ever. Plenty of time to rip the guts out of that, after all those seniors vote republican in 2004...

Want to know where the deficits come from, for real? They come from taxcuts, particularly for those who need them the least, and from spending on the military and so-called security- pay attention to table 6-

http://www.cbpp.org/12-16-03bud.htm

It seems to be very fashionable among the rabid right to trash SS, blame it for everything from moral decay to international terrorism. Look a little deeper for the causes of the current deficits, like in your own anti-tax feed the rich rhetoric and knee jerk ineffective spending to counter nonexitent threats.

From Amok-

"Why not propose a phase out? In 10 years, SS dies. That way, people can make some plans to mitigate the impact. If you lose what you've payed in, just count it as another tax and move on."

And just what are the current 65 year-olds living on SS now supposed to do to to, uhh, "mitigate the impact"? Save up for a handgun so they can blow their brains out?

Social Security does not "pay for itself". What the hell gave you that idea? You make it sound as if Social Security is a private company that has profits, what a crock! I don't give a DAMN what you call the money, its still a tax. About 30% of the national budget goes to social security, 30 god damn percent! I'm glad they took money out of SS to pay for other stuff, to say SS is hogging the budget is an understatement. It is outright consuming the whole thing as a rabid dog consumes a chunk of meat.

To say that tax cuts have caused the deficit is ridiculous. This assumes that the size of government can never shrink, it can only get larger. Tax cuts are not the problem, this out of control spending is the problem. The government should cut taxes and then it should reduce its size. Instead it has cut taxes and increased its size, only half the equation has been met.

Anti-tax feed the rich rhetoric?! I am far from rich buddy, but I have something called principles. Those principles say that people should be allowed to keep what they earn no matter what they make. Furthermore, how much in taxes do you pay? The top 10% of earners pay more than half the tax revenue.

I detest the fact that the government prys into our lives and "has" to know everyone's income. As far as I am concerned my income is none of the government's damn business. If my income is from private transactions and private corporations and is for my private use the government has no precedent to know what I earn. The idea that people have to report their income comes from jealous people like you who want to monitor everyone's paycheck and say: "He's earning more than me, WAAAAAAAAAAAAA! No fair!". Use taxes in my opinon are a much fairer way to tax and also allows people to retain some kind of damn privacy.

Collectivists like yourself have created the IRS and the Federal Reserve. Both of which have done more damage to this country than historians will ever know.

The Tax Cuts should have come after Spending Cuts.

 

[Jhhnn]

So, uhh, Dissipate, do you actually read links, or just rave? As for your principles I suspect that they mostly involve freeing yourself of any obligation to the society that brought you quite so far along...

The wife and I earn enough together to land in that upper 10% of family incomes, and I sure as hell don't think we're overtaxed. Of course, we have to actually work for it, rather than earning it passively thru investments, in which case we'd pay lower tax rates, even if we brought home millions per year.

You echo the standard uber-right refrain of cut taxes first, then reduce the size of the govt. I say develop a surplus first, then cut taxes and or reduce the size of govt accordingly. The current fiscal irresponsibility and looting from the republican leadership is like watching a slow motion train wreck, and your ill considering pandering to those interests doesn't speak well for your analytical abilities. They're spending us straight into the poorhouse while they get richer by the second.

I suspect that if brains were gasoline, you wouldn't have enough to get a pissant's motorscooter halfway around a dime.

 

[Dissipate]

Originally posted by: Jhhnn
So, uhh, Dissipate, do you actually read links, or just rave? As for your principles I suspect that they mostly involve freeing yourself of any obligation to the society that brought you quite so far along...

The wife and I earn enough together to land in that upper 10% of family incomes, and I sure as hell don't think we're overtaxed. Of course, we have to actually work for it, rather than earning it passively thru investments, in which case we'd pay lower tax rates, even if we brought home millions per year.

You echo the standard uber-right refrain of cut taxes first, then reduce the size of the govt. I say develop a surplus first, then cut taxes and or reduce the size of govt accordingly. The current fiscal irresponsibility and looting from the republican leadership is like watching a slow motion train wreck, and your ill considering pandering to those interests doesn't speak well for your analytical abilities. They're spending us straight into the poorhouse while they get richer by the second.

I suspect that if brains were gasoline, you wouldn't have enough to get a pissant's motorscooter halfway around a dime.

When did I ever say that I wanted to be freed of obligations to society? I realize that taxes are necessary, I do not agree however with how they are currently being paid. The income tax is an invasion of privacy and the progressive tax system is simply theft. So now you are jumping up and down about people making money off investments? Investments are extremely important to the economy, its not earning "passively", there is something called risk involved in investments. Tax the hell out of these "evil" investments and watch the economy sink like a stone.

When did I ever indicate I was pandering to Republican interests? I happen to be outraged with the willy nilly spending the Republicans are executing right now. The problem is that the Democrats propbably wouldn't do much better.

Your Ad Hom attack does not speak well for your maturity, nor does it speak well for your ability to argue logically.

 

[Tripleshot]

Originally posted by: Jhhnn
So, uhh, Dissipate, do you actually read links, or just rave? As for your principles I suspect that they mostly involve freeing yourself of any obligation to the society that brought you quite so far along...

The wife and I earn enough together to land in that upper 10% of family incomes, and I sure as hell don't think we're overtaxed. Of course, we have to actually work for it, rather than earning it passively thru investments, in which case we'd pay lower tax rates, even if we brought home millions per year.

You echo the standard uber-right refrain of cut taxes first, then reduce the size of the govt. I say develop a surplus first, then cut taxes and or reduce the size of govt accordingly. The current fiscal irresponsibility and looting from the republican leadership is like watching a slow motion train wreck, and your ill considering pandering to those interests doesn't speak well for your analytical abilities. They're spending us straight into the poorhouse while they get richer by the second.

I suspect that if brains were gasoline, you wouldn't have enough to get a pissant's motorscooter halfway around a dime.

Ouch, that had to hurt.

 

[xxxxxJohnGaltxxxxx]

Originally posted by: Jhhnn


I suspect that if brains were gasoline, you wouldn't have enough to get a pissant's motorscooter halfway around a dime.

 

[Bowfinger]

Originally posted by: SuperTool
It's funny how Bush's solution to the debt hole we are in is not to dig us out, not even to stop digging, but to promise that in 5 years he'll dig half as fast

Zing! I'm going to remember that one, well said.