CBO says Social Security/Medicare/Medicad to be 75% of Federal budget by 2030

[Wreckem]

The Politico's still deny there is a problem, by evading questions. No one wants to piss off the core voting block. They only care about getting re-elected, not whats good for America.

If nothing is done now, theres going to be a 30-50% increase in taxes around 2030. With further increases needed when all hell breaks loose in 2050.

This should be the #1 issue in the next election cycle. Not the enviornment, not the Iraq war. This issue has a far greater impact than any other issue. Just because its a future problem doesn't make it any less real.

Newsweek

 

[Kwaipie]

A quick look at the people that pushed the Medicaid Drug Prescription Plan and where they are today should be enough to make your blood boil. Why these people aren't in prison is exactly why we need to rewrite the Constitution.

 

[CADsortaGUY]

*sniff*

I just love the smell of cost shifting/wealth redistribution in the afternoon...

*gag*

 

[blackangst1]

Originally posted by: Wreckem
The Politico's still deny there is a problem, by evading questions. No one wants to piss off the core voting block. They only care about getting re-elected, not whats good for America.

If nothing is done now, theres going to be a 30-50% increase in taxes around 2030. With further increases needed when all hell breaks loose in 2050.

This should be the #1 issue in the next election cycle. Not the enviornment, not the Iraq war. This issue has a far greater impact than any other issue. Just because its a future problem doesn't make it any less real.

Newsweek

Youre exactly right. We've known this was going to be a problem for 20 years, and as you've pointed out, no one wants to touch it. As bad as you all say Bush is, he will be a gem compared to whoever is in office when SS finally breaks.

The first round of baby boomers retires next year. I would be willing to bet most have not saved enough for their retirement, and a good portion live paycheck to paycheck. Sure, they may have a couple hundred grand at retirement, but that wont last 5 years. This was the most successful generation in our history, and they've piddled away the wealth they created.

 

[Genx87]

Waaaa? All I hear from the rank and file liberals on this forum is how successful social security is as a program.

The house of cards are about to fall on this program if they dont get to work on fixing it. The problem is the generation that has to pay for it will never see the fruits of the labor.
It will really turn into one generation enslaving another through taxation.

 

[dmcowen674]

Actually the collapse would be a good thing.

It would force reform on not just the corrupt medical system but peripheral broken systems as well.

In the words of Bush, the hero by many that champion this brokeness on here "Bring it on".

 

[dmcowen674]

Originally posted by: Wreckem
The Politico's still deny there is a problem

Not entirely true statement.

It is mainly the Republicans that have denied there is a problem and have avoided it.

How can you forget Gore's 2000 lockbox and Hillary's failed attempt at swiping at the Medical giants in 1995?

 

[blackangst1]

Originally posted by: dmcowen674
Actually the collapse would be a good thing.

It would force reform on not just the corrupt medical system but peripheral broken systems as well.

In the words of Bush, the hero by many that champion this brokeness on here "Bring it on".

So wait...you think the breaking of SS is a good thing? Leaving millions of grandmas, grandpas, women, and children left with NOTHING?

Youre a friggin cold hearted <insert word here>

 

[Mxylplyx]

Originally posted by: blackangst1

Originally posted by: dmcowen674
Actually the collapse would be a good thing.

It would force reform on not just the corrupt medical system but peripheral broken systems as well.

In the words of Bush, the hero by many that champion this brokeness on here "Bring it on".

So wait...you think the breaking of SS is a good thing? Leaving millions of grandmas, grandpas, women, and children left with NOTHING?

Youre a friggin cold hearted <insert word here>

Not suggesting one way or the other, but someone has to pay the piper for the mess that is SS. Might as well punish the generation that made it happen.

 

[BrunoPuntzJones]

Originally posted by: blackangst1

Originally posted by: dmcowen674
Actually the collapse would be a good thing.

It would force reform on not just the corrupt medical system but peripheral broken systems as well.

In the words of Bush, the hero by many that champion this brokeness on here "Bring it on".

So wait...you think the breaking of SS is a good thing? Leaving millions of grandmas, grandpas, women, and children left with NOTHING?

Youre a friggin cold hearted <insert word here>

As with almost anything, the disaster has to happen before any changes are made. No one will touch it preventively, as it will be political suicide.

 

[dmcowen674]

Originally posted by: blackangst1

Originally posted by: dmcowen674
Actually the collapse would be a good thing.

It would force reform on not just the corrupt medical system but peripheral broken systems as well.

In the words of Bush, the hero by many that champion this brokeness on here "Bring it on".

So wait...you think the breaking of SS is a good thing? Leaving millions of grandmas, grandpas, women, and children left with NOTHING?

Youre a friggin cold hearted <insert word here>

Interesting when a resident Republican says it, it is good policy, when I say it I'm "cold hearted".

It is going to happen anyway with Republican blessing since they started it, Dems might as well finish what their enemies started and the Revolution and bloodshed will take care of both of them.

 

[Wreckem]

Originally posted by: dmcowen674

Originally posted by: Wreckem
The Politico's still deny there is a problem

Not entirely true statement.

It is mainly the Republicans that have denied there is a problem and have avoided it.

How can you forget Gore's 2000 lockbox and Hillary's failed attempt at swiping at the Medical giants in 1995?

Uh, the current Democratic Candidates have avoided/evaded the question. Al Gores "lock box" would have done nothing to solve medicad/medicare, which is the bulk of the entitlement programs.

Theres only one cadidate talking about the issue and thats Ron Paul, but hes far to extreme for America...

 

[blackangst1]

Originally posted by: dmcowen674

Originally posted by: blackangst1

Originally posted by: dmcowen674
Actually the collapse would be a good thing.

It would force reform on not just the corrupt medical system but peripheral broken systems as well.

In the words of Bush, the hero by many that champion this brokeness on here "Bring it on".

So wait...you think the breaking of SS is a good thing? Leaving millions of grandmas, grandpas, women, and children left with NOTHING?

Youre a friggin cold hearted <insert word here>

Interesting when a resident Republican says it, it is good policy, when I say it I'm "cold hearted".

It is going to happen anyway with Republican blessing since they started it, Dems might as well finish what their enemies started and the Revolution and bloodshed will take care of both of them.

Check your batteries bucko. Youre meter is dead.

edit: no, the Republicans didnt start it. They neither created SS, nor did they authorize it's use for non-SS funding. Check your history.

 

[Wreckem]

Originally posted by: Mxylplyx

Originally posted by: blackangst1

Originally posted by: dmcowen674
Actually the collapse would be a good thing.

It would force reform on not just the corrupt medical system but peripheral broken systems as well.

In the words of Bush, the hero by many that champion this brokeness on here "Bring it on".

So wait...you think the breaking of SS is a good thing? Leaving millions of grandmas, grandpas, women, and children left with NOTHING?

Youre a friggin cold hearted <insert word here>

Not suggesting one way or the other, but someone has to pay the piper for the mess that is SS. Might as well punish the generation that made it happen.

Thats why we RAISE taxes on the baby boomers now, to pay for their costly programs in the future...

That and raise retirement age to 70.

Oh wait. I forgot... the AARP is one of the largest and most influential lobbying groups in the country...

 

[heartsurgeon]

GOOD!!

I'll be 80, and I'll deserve that medicare money being spent on me!!

I want my scooter!!

 

[Wreckem]

Originally posted by: heartsurgeon
GOOD!!

I'll be 80, and I'll deserve that medicare money being spent on me!!

I want my scooter!!

Honestly I can see my generation, the generation that will have to clean up the problem, saying you screwed us, we are going to screw you. Benefits, they arent yours, now go die somewhere...

 

[ElFenix]

the social security system was fatally flawed to being with. increasing taxes or decreasing benefits is like giving a person a shot of morphine rather than fixing their broken leg.

it really needs to be shifted to a fully funded system while the ability to do so without moving funds from the general budget to the SS budget.

and before everyone jumps on me about SS being more than just the retirement benefit, yes it is, but that is no reason that the retirement benefit should not be reformed.



the funny thing about this wealth redistribution system is that it is to the wealthiest segment of society.

 

[umbrella39]

Originally posted by: Wreckem
The Politico's still deny there is a problem, by evading questions. No one wants to piss off the core voting block. They only care about getting re-elected, not whats good for America.

If nothing is done now, theres going to be a 30-50% increase in taxes around 2030. With further increases needed when all hell breaks loose in 2050.

This should be the #1 issue in the next election cycle. Not the enviornment, not the Iraq war. This issue has a far greater impact than any other issue. Just because its a future problem doesn't make it any less real.

Newsweek

Sorry, the sky is not falling imo nor is this newsweek piece a foregone conclusion.

 

[umbrella39]

Originally posted by: heartsurgeon
GOOD!!

I'll be 80, and I'll deserve that medicare money being spent on me!!

I want my scooter!!

I think Bush commuted his sentence but methinks he'll be around when you are 80.

 

[chowderhead]

Originally posted by: Wreckem

Originally posted by: dmcowen674

Originally posted by: Wreckem
The Politico's still deny there is a problem

Not entirely true statement.

It is mainly the Republicans that have denied there is a problem and have avoided it.

How can you forget Gore's 2000 lockbox and Hillary's failed attempt at swiping at the Medical giants in 1995?

Uh, the current Democratic Candidates have avoided/evaded the question. Al Gores "lock box" would have done nothing to solve medicad/medicare, which is the bulk of the entitlement programs.

Theres only one cadidate talking about the issue and thats Ron Paul, but hes far to extreme for America...

The Democrats were given a question during the youtube debate. Most seem supportive of lifting the cap on SS taxation of earnings over 90k. This alone would increase the solvency for many many years. Regardless if you think this is a good way to go about fixing Social Security, at least they have offered a possible solution which we can compare with the partial privatization plan of the President's.

 

[heartsurgeon]

Honestly I can see my generation, the generation that will have to clean up the problem, saying you screwed us, we are going to screw you. Benefits, they arent yours, now go die somewhere...

Gee....you've become a Republican at the mere thought of paying taxes....

Now aren't you the hypocrite....

This is the problem with young libs..they passionately believe the world should be a certain way, just, fair, equitable (according to their own definition of said words). And it's easy to be liberal when your not footing the bill....but once you start paying taxes, and you start critically analyzing what the politician's are doing (trying to get re-elected by what ever means possible) you realize what a farce it all is, and that the Dimocrats are really about wealth redistribution, and the Republicans are about wealth preservation.

My scooter is your free college loan....

What is "right" and "just" and "fair" depends on who you ask....

By the way, the Boomers will be a bigger voting block than your generation, and all the poor Hispanics that the Dimocrats desperately want to become citizens (i.e. voters), we're gonna take your money whether you want to give it up or not...that's the reality of it.

It's payback...your gonna actually get what you want (Dimocrats in power), and then your gonna regret your choice!

 

[Hacp]

Originally posted by: heartsurgeon

Honestly I can see my generation, the generation that will have to clean up the problem, saying you screwed us, we are going to screw you. Benefits, they arent yours, now go die somewhere...

Gee....you've become a Republican at the mere thought of paying taxes....

Now aren't you the hypocrite....

This is the problem with young libs..they passionately believe the world should be a certain way, just, fair, equitable (according to their own definition of said words). And it's easy to be liberal when your not footing the bill....but once you start paying taxes, and you start critically analyzing what the politician's are doing (trying to get re-elected by what ever means possible) you realize what a farce it all is, and that the Dimocrats are really about wealth redistribution, and the Republicans are about wealth preservation.

My scooter is your free college loan....

What is "right" and "just" and "fair" depends on who you ask....

By the way, the Boomers will be a bigger voting block than your generation, and all the poor Hispanics that the Dimocrats desperately want to become citizens (i.e. voters), we're gonna take your money whether you want to give it up or not...that's the reality of it.

It's payback...your gonna actually get what you want (Dimocrats in power), and then your gonna regret your choice!

You're gonna get a scooter when you either break your back, or pay for it with your own money.

 

[theeedude]

Remove cap on SS taxes. Place cap on pharmaceutical reimbursements. Problem solved.

 

[blackangst1]

Originally posted by: senseamp
Remove cap on SS taxes. Place cap on pharmaceutical reimbursements. Problem solved.

I nearly spit my coffee on my monitor reading this :laugh:

 

[JD50]

Originally posted by: blackangst1

Originally posted by: senseamp
Remove cap on SS taxes. Place cap on pharmaceutical reimbursements. Problem solved.

I nearly spit my coffee on my monitor reading this :laugh:

Didn't you know? More taxes solve all problems.