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Quote from: John Galt? on February 28, 2013, 11:58:19 AMQuote from: Dolorous Jason on February 27, 2013, 05:07:49 PMNot bad John Galt , but if you want to start with cutting the deficit , why no mention of cutting SSI Ponzi Scheme , Medicare , or any other entitlements - the main thing that is drowning us in debt. ??SSI actually is running at a surplus. Yes it needs to be overhauled, but IMO that might be better accomplished after we get the economy back to mid-2000 growth levels Get unemployment back under 5% and you'll have a lot more FICA revenue to help with a restructure.As far as Medicare/caid, repeal Obamacare and craft a plan that includes a complete restructure of that mess.No it is not. It ran a deficit for the first time lin 2010. By deficit I mean it paid out more than it took in.http://money.cnn.com/2010/08/05/news/economy/social_security_trustees_report/index.htm
Quote from: Dolorous Jason on February 27, 2013, 05:07:49 PMNot bad John Galt , but if you want to start with cutting the deficit , why no mention of cutting SSI Ponzi Scheme , Medicare , or any other entitlements - the main thing that is drowning us in debt. ??SSI actually is running at a surplus. Yes it needs to be overhauled, but IMO that might be better accomplished after we get the economy back to mid-2000 growth levels Get unemployment back under 5% and you'll have a lot more FICA revenue to help with a restructure.As far as Medicare/caid, repeal Obamacare and craft a plan that includes a complete restructure of that mess.
Not bad John Galt , but if you want to start with cutting the deficit , why no mention of cutting SSI Ponzi Scheme , Medicare , or any other entitlements - the main thing that is drowning us in debt. ??
Quote from: spartan on March 01, 2013, 08:45:22 PMQuote from: John Galt? on February 28, 2013, 11:58:19 AMQuote from: Dolorous Jason on February 27, 2013, 05:07:49 PMNot bad John Galt , but if you want to start with cutting the deficit , why no mention of cutting SSI Ponzi Scheme , Medicare , or any other entitlements - the main thing that is drowning us in debt. ??SSI actually is running at a surplus. Yes it needs to be overhauled, but IMO that might be better accomplished after we get the economy back to mid-2000 growth levels Get unemployment back under 5% and you'll have a lot more FICA revenue to help with a restructure.As far as Medicare/caid, repeal Obamacare and craft a plan that includes a complete restructure of that mess.No it is not. It ran a deficit for the first time lin 2010. By deficit I mean it paid out more than it took in.http://money.cnn.com/2010/08/05/news/economy/social_security_trustees_report/index.htmPayroll tax holiday, spartan. A suspension of the employee portion of SSI revenues that has since been revoked. SSI will be fine. There are far bigger fish to fry.
SS is flawed in structure and application
If the government gave me 1 million dollars, I'd have hot call girls every night until the money ran out. Then go on social security.