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Started By
Message
Social Security, Medicare, Medicaid entitlement reform is NOT HAPPENING any time soon
Posted on 2/9/18 at 9:04 am
Posted on 2/9/18 at 9:04 am
No party or POTUS wants to touch with a 10’ pole.
While i appreciate Rand’s stance on adding to the debt it’s fallen on deaf ears and he should not waste his breath as for now:
The $21T in debt is a fictitious number that has no affect on American lives right now. The system will have to collapse or be on the brink of collapse for people to take it seriously- meaning high inflation. Then an only then will the scalpel be taken to the patient ie entitlement reform.
For now just enjoy the ride!
While i appreciate Rand’s stance on adding to the debt it’s fallen on deaf ears and he should not waste his breath as for now:
The $21T in debt is a fictitious number that has no affect on American lives right now. The system will have to collapse or be on the brink of collapse for people to take it seriously- meaning high inflation. Then an only then will the scalpel be taken to the patient ie entitlement reform.
For now just enjoy the ride!
8
Posted on 2/9/18 at 9:05 am to Covingtontiger77
No one can win an election telling financial truths any longer.
Both sides are just going to continue to kick the can down the road and it's disgusting.
Both sides are just going to continue to kick the can down the road and it's disgusting.
Posted on 2/9/18 at 9:07 am to Covingtontiger77
If you look at the numbers, the system is doomed. what will happen is .gov will default on Medicare and Social Secuirty beneficiaries. One hand will give (social security) and the other will take away
Posted on 2/9/18 at 9:07 am to roadGator
quote:
Both sides are just going to continue to kick the can down the road and it's disgusting.
It’s a no win for any party being the party of Austerity.
Which is why I hold true to my premise that the debt DOES NOT MATTER at this point. It’s a bullshite number that no one can even begin to wrap their little brain around because it’s so big and has not had any affect on the day to day at this point.
Posted on 2/9/18 at 9:08 am to Covingtontiger77
i'm open to some sort of reform as i'm not a fan of the deficit (correcting it was one of Obama's failed promises) but simply saying the only solution is to cut services for the old and the poor is a non-starter. The right needs to give up some sacred cows too.
Posted on 2/9/18 at 9:11 am to Covingtontiger77
Not happening any time soon. Ju kidding me. Not happening ever, never ever.
Posted on 2/9/18 at 9:11 am to Covingtontiger77
quote:While this is true do you usually go around ignoring MAJOR problems in your life just because they haven’t blown up yet or do you try to solve them before they do? Don’t frick over your children and grandchildren by letting this snowball for another 40 years. We need to try to get ahead of it now while it’s still somewhat in the realm of possibility.
The $21T in debt is a fictitious number that has no affect on American lives right now
Posted on 2/9/18 at 9:11 am to Covingtontiger77
This is Trump’s biggest shortfall in my opinion. He’s great for restoring a culture of pride in America, but he lacks the want to or perhaps the know how to fix a problem like this. Hell, I don’t even know if Reagan or Coolidge could fix this problem.
Posted on 2/9/18 at 9:11 am to Draconian Sanctions
quote:
The right needs to give up some sacred cows too.
Like what military spending? That seems to be the only thing the right wants to spend money on that I think is worth while.
The rest of the spending proposed by the right is actually items of the left that the right has now adopted because theirs are too many on the dole.
The other nasty truth about Medicare and SS is that people are living to long for the amount they pay in and take out.
Posted on 2/9/18 at 9:13 am to Draconian Sanctions
Well that nonstarter is well over half the budget and the debt interest is going to go past 10% of it and it is not negotiable so starting anywhere else is a nonstarter
Posted on 2/9/18 at 9:14 am to Covingtontiger77
quote:
Like what military spending? That seems to be the only thing the right wants to spend money on that I think is worth while.
that and also a tax reform that isn't almost totally about cutting rates for the super rich and corporations to the bone.
not saying lets institute "draconian" (
) tax rates at all, but being more balanced about it. 
Posted on 2/9/18 at 9:14 am to Covingtontiger77
quote:
Which is why I hold true to my premise that the debt DOES NOT MATTER at this point. It’s a bullshite number that no one can even begin to wrap their little brain around because it’s so big and has not had any affect on the day to day at this point.
This is a ridiculous mindset. The debt will eventually cause problems. We should be working on getting a balanced enough budget that is working to lower the debt, at least by a little
Posted on 2/9/18 at 9:14 am to Covingtontiger77
truly enjoying watching my right-wing brethren rationalize
now that the fog of delusion regarding trump's imaginary deficit (let alone debt) reduction is being burned away by reality
now that the fog of delusion regarding trump's imaginary deficit (let alone debt) reduction is being burned away by reality
Posted on 2/9/18 at 9:17 am to gthog61
quote:
Well that nonstarter is well over half the budget and the debt interest is going to go past 10% of it and it is not negotiable so starting anywhere else is a nonstarter
i'm not saying don't do anything, that's the opposite of what i'm saying.
Posted on 2/9/18 at 9:17 am to roadGator
quote:
No one can win an election telling financial truths any longer
When has financial truth ever won an election?
Posted on 2/9/18 at 9:22 am to Draconian Sanctions
quote:
but simply saying the only solution is to cut services for the old and the poor is a non-starter.
Nobody wants services to the old and poor to be cut. We want federal and state services to be replaced by private sector services that are cheaper, better, and totally voluntary.
quote:
Socialism, like the ancient ideas from which it springs, confuses the distinction between government and society. As a result of this, every time we object to a thing being done by government, the socialists conclude that we object to its being done at all. We disapprove of state education. Then the socialists say that we are opposed to any education. We object to a state religion. Then the socialists say that we want no religion at all. We object to a state-enforced equality. Then they say that we are against equality. And so on, and so on. It is as if the socialists were to accuse us of not wanting persons to eat because we do not want the state to raise grain.
Posted on 2/9/18 at 9:22 am to Draconian Sanctions
quote:The tax cuts are good for tax PAYERS, that’s thats the nature of the beast. The issue is that instead of cutting spending to coincide with the tax cuts we are increasing it.
that and also a tax reform that isn't almost totally about cutting rates for the super rich and corporations to the bone.
Posted on 2/9/18 at 9:23 am to MrCarton
quote:
Nobody wants services to the old and poor to be cut.
i'm not sure i believe that
quote:
We want federal and state services to be replaced by private sector services that are cheaper, better, and totally voluntary.
that's a hell of a broad statement. I'm sure there are some versions of this i could maybe go along with and others i couldn't
Posted on 2/9/18 at 9:24 am to 90proofprofessional
quote:
truly enjoying watching my right-wing brethren rationalize
now that the fog of delusion regarding trump's imaginary deficit (let alone debt) reduction is being burned away by reality
I believe you have it all wrong. Did 1 person on this board believe there would be spending cuts? I won't believe $1 will be cut from our budget until we can't afford the interest payments. They can't even negotiate a slower growth rate
Austerity's a bitch and the people that will be hurt the most are the ones who need government assistance. Posted on 2/9/18 at 9:30 am to MrCarton
quote:
When has financial truth ever won an election?
Maybe before we had an IRS?
I understand your point though. Politicians throughout history have all been liars and cheats for the most part.
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