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Started By
Message
Federal Budget Deficit Widens, Driven by Baby Boomers
Posted on 12/15/15 at 7:18 pm
Posted on 12/15/15 at 7:18 pm
LINK
Entitled pieces of shite.
quote:
The federal budget deficit widened in November, driven by higher spending in such areas as Social Security, Medicare and defense. The Treasury Department said the November deficit climbed to $64.6 billion, up 13.6 percent from a year ago. For the first two months of the budget year that began on Oct. 1, the deficit totals $201.1 billion, a 12.6 percent jump from a year ago. Total receipts are up 2.9 percent to $416 billion over the past two months compared with a year ago, but spending is up 5.9 percent to $617.1 billion. The rise reflects in part more tax revenue as unemployment declines. The latest numbers underscore the impact of paying benefits to a growing number of retiring baby boomers. The report said Social Security spending expanded 4 percent, while Medicare spending increased 9 percent.
Entitled pieces of shite.
13
Posted on 12/15/15 at 7:19 pm to knight_ryder
Damn millennials and their smart pads
Posted on 12/15/15 at 7:22 pm to knight_ryder
If this a battle between generation names, Baby Boomers beats the shite out of Millennials, and also all those shitty Generation X, Y, Z, ad nauseum...
But I have to admit Generation X-box is pretty cool
But I have to admit Generation X-box is pretty cool
Posted on 12/15/15 at 7:24 pm to knight_ryder
Piece of shite boomer scum
Posted on 12/15/15 at 7:26 pm to knight_ryder
They're the worst
Posted on 12/15/15 at 7:27 pm to knight_ryder
Cue the baby boomers memes
Posted on 12/15/15 at 7:33 pm to Modern
Posted on 12/15/15 at 8:09 pm to knight_ryder
1st law of Civil Engineering and life in general:
shite flows downhill.
Y'all are at the bottom of it.
shite flows downhill.
Y'all are at the bottom of it.
Posted on 12/15/15 at 8:12 pm to knight_ryder
If you paid payroll taxes by force of law for your entire career, you are due some of that money back. Had you not been forced, you could have earned a much better return investing that money in index funds.
If you want to blame anyone, blame the WWI, Greatest, Silent, Baby Boomer generation's law makers.
If you want to blame anyone, blame the WWI, Greatest, Silent, Baby Boomer generation's law makers.
This post was edited on 12/15/15 at 8:17 pm
Posted on 12/15/15 at 8:14 pm to knight_ryder
checking into this thread to laugh at baby boomers, the worst generation of all time 
Posted on 12/15/15 at 8:19 pm to knight_ryder
I'm sure your dumbass is ignoring that our population growth is greater now than it was then, and that the largest age group of unemployed is the 15-30 demographic and that boomers are working much longer on ever age due to economic uncertainty
Posted on 12/15/15 at 8:21 pm to knight_ryder
Die baby boomers.
Just frickin die you stupid assholes.
Just frickin die you stupid assholes.
Posted on 12/15/15 at 8:21 pm to Jake88
If it's a tax, why would you get it back?
Posted on 12/15/15 at 8:33 pm to shutterspeed
quote:
If it's a tax, why would you get it back?
Because it's in addition to federal income taxes and it was passed with the citizenry being told that it was being held for them for their income and medical care in old age.
Hell, I'm maxing it out and you better believe I want it back. If I could, I'd sign an agreement that I will not claim any SS or medicare benefits if they allowed me to keep it all.
And, in general, all people should be able to get back as many tax dollars as they can besides those who get the EITC handout.
Posted on 12/15/15 at 8:38 pm to knight_ryder
baby boomers left me with a 10% unemployment rate, fighting two wars, Bruce Jenner, insane health care costs, student debt and a Great Recession and housin collapse. Uncle Sam wishes he would have pulled out instead of spawning baby boomers.
Posted on 12/15/15 at 8:44 pm to Rhino5
ad we are probably the same age.
Posted on 12/15/15 at 8:47 pm to BRgetthenet
I'd prefer my parents stay alive as long as possible 
Posted on 12/15/15 at 8:47 pm to CarRamrod
Im making it. But cars, insurance, and college tuition that costs as much as a mortgage is a testament to horrendous money management skills in the past. Rock on.
Posted on 12/15/15 at 8:48 pm to BACONisMEATcandy
It's a euphimism. I want my folks alive too.
Posted on 12/15/15 at 8:56 pm to knight_ryder
quote:
Entitled pieces of shite
Hey dumbass...SS isn't an entitlement...its paid for by taking money out of our paychecks. New concept you probably have only heard of.
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