
hopefully "cut taxes for everybody"
John 3:16

Cut, Cap & Balance does a pretty good job addressing those issues; entitlement reform isn't an option; it's unsustainable. the numbers just don't work.
so they're gonna have to cut back benefits, increase age qualifiers, do means testing, or all of the above. just 'cause the government runs a ponzi scheme doesn't mean the ponzi scheme is immortal
John 3:16
yup, you always run out of a bigger fool
always
even when democrats are in the pool![]()
John 3:16
are you sure? perhaps if you understood the government accounting system(3 card monte) better you wouldn't come off as such a dummy.
Social Security is designed as a self-supporting, pay-as-you-go program, in which current payroll taxes pay for current benefits. This played out for many years, and with interest, the program has built up an annual surplus, which appeared to help offset the national deficits.
But, in reality, Social Security is not closed off from the rest of the government. The program’s surplus funds are frequently invested in Treasury bonds, and during surplus years, the bonds earn interest paid with other government dollars. And in recent years, the amount of taxes collected have not equaled the benefits distributed, leaving the Social Security funds facing a cash deficit, which then forces the government to borrow more money to offset.
This was the case in 2010 and 2011, and Social Security trustees anticipate higher deficits looking forward.
We see clear evidence that Social Security does affect the nation’s debt and deficit.
http://www.politifact.com/new-hampsh...ional-debt-sa/
read the whole article over and over until you understand the way the scam actually works. if you can do that you'll be smarter than riot grip.
they replaced the funds in social security with treasury bonds, that we owe, and owe interest on.
so yes, yes it does add to the deficit. and the debt.
and if they can do that with public pensions, your private pensions are next. instead of having $200,000 in your 401k, you're going to have Uncle Sam's IOU for $200,000 at 2% per annum.
and you're going to like it.
John 3:16

When those entitlement reform proposals come out, they better not exclude changes to those on Medicare and SS, otherwise that's a left wing type move to buy votes with giveaways.

[
Last edited by Yeahnolisten; 01-26-2013 at 12:10 PM.
no one is ever held accountable in our shit gubment, but "the buck always stops here"...pretty much clears their name with us.
...well, he said the buck stops with him, so alls good, next.....i hate washington & go ahead & defend your side because thats how they are career politicos & we're stooopud, so keep it up voters, you all suck & never learn.![]()
I hate being bipolar, its awesome.
Bookmarks