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re: Would you vote for a candidate who ran on a “major cutbacks to lower deficit” platform?
Posted on 3/7/19 at 7:39 am to Eli Goldfinger
Posted on 3/7/19 at 7:39 am to Eli Goldfinger
A platform on reduced spending would still need to be combined with policies that keep the US competitive globally.
I do believe Trump will work on reduced spending towards the later part of his 2nd term.
I do believe Trump will work on reduced spending towards the later part of his 2nd term.
0
Posted on 3/7/19 at 8:13 am to JPinLondon
quote:
There actually is a point, where $20 trillion fades into $28T or $33T or $41T.. where it crashes bad for us.
While I agree philosophically, is it fair to ask if this is a true statement?
I have been hearing this for 40 years, and I have not been inconvenienced or had to modify my life in any way.
Posted on 3/7/19 at 8:16 am to Eli Goldfinger
quote:yes
Would you vote for a candidate who ran on a “major cutbacks to lower deficit” platform?
quote:No
Would this candidate have any shot at winning?
Posted on 3/7/19 at 8:17 am to Eli Goldfinger
(no message)
This post was edited on 3/7/19 at 8:18 am
Posted on 3/7/19 at 8:18 am to FredBear
quote:
Seeing I have been paying into it my entire working life I certainly think I am entitled to at least getting my damn money back.
Is that so unreasonable?
That whole sad affair about social security is had you been investing your contributions to the program your entire working life, you'd be sitting on a mountain of cash instead of praying for peanuts.
Posted on 3/7/19 at 8:23 am to mauser
quote:
I would, but that candidate wouldn't have a chance.
Agreed. The opponent would be a Democrat, and they'd easily win by promising to expand every program that should be scaled back.
Posted on 3/7/19 at 8:49 am to FredBear
quote:
Seeing I have been paying into it my entire working life I certainly think I am entitled to at least getting my damn money back. Is that so unreasonable?
very unreasonable.
Social Security is set up just like the fire department. Everyone is paying in, and only a few very lucky people will get to use it to the extent that they paid in. They already consider it a slush fund for them to dip and spend at will. Your money is gone, up in flames.
Posted on 3/7/19 at 8:52 am to Stingray
quote:they pay into the system their entire lives. Of course they are
Even conservatives think they are entitled to SS.
Posted on 3/7/19 at 8:54 am to AggieHank86
quote:
Would this candidate have any shot at winning?
I think the candidate could win. I don't think he would get anything done.
Neither side wants to cut a single dime and for the most part, they've stopped fighting over the budget. Now it is more about fighting over increases. Nothing about cutting anything. they all suck.
Posted on 3/7/19 at 9:11 am to Stingray
quote:
Even conservatives think they are entitled to SS.
Seeing as how it has taken from me for 40 years, and promised to be repaid with interest should I survive until age of XX, your damn right I expect to be 'entitled' to it. Now expect is the optimal word there, am I counting on it being there in 10-15 years....nope, actually counting on it being pissed away or otherwise confiscated for some stupid excuse or another.
Posted on 3/7/19 at 9:15 am to Eli Goldfinger
quote:
Would this candidate have any shot at winning?
Nope. Not so long as people know that the ultra wealthy aren’t going to bear most of the burden.
Y’all need to get used to Andrew Yang. He may not be the candidate in the end, but universal basic income is coming.
Posted on 3/7/19 at 9:15 am to idlewatcher
quote:
how could someone like that get elected
There’s just no possible way.
Posted on 3/7/19 at 9:22 am to Eli Goldfinger
You had me, until:
If a tax increase is necessary, you aren't cutting enough.
Then I notice:
Social Security isn't an entitlement. People, and their employers paid into Social Security. While it is the definition of a Ponzi scheme, had the federal government kept their dick beaters off of the money in Social Security, it wouldn't be expected to be insolvent in 2030. If you want to reel in something, reel in welfare, housing, and taxpayer money being used to support illegal aliens.
Does that come with preventing other countries from dumping their subsidized, slave labor produced, and/or government owned goods into our market, or do you just want to put American manufacturers and producers out of business?
quote:
A likely necessary across-the-board tax increase.
If a tax increase is necessary, you aren't cutting enough.
Then I notice:
quote:
Reel in Social Secirity spending.
Social Security isn't an entitlement. People, and their employers paid into Social Security. While it is the definition of a Ponzi scheme, had the federal government kept their dick beaters off of the money in Social Security, it wouldn't be expected to be insolvent in 2030. If you want to reel in something, reel in welfare, housing, and taxpayer money being used to support illegal aliens.
quote:
No more private industry incentives.
Does that come with preventing other countries from dumping their subsidized, slave labor produced, and/or government owned goods into our market, or do you just want to put American manufacturers and producers out of business?
Posted on 3/7/19 at 10:15 am to Eli Goldfinger
if you take out cutting military spending this platform is what most GOP candidates run on.
Posted on 3/7/19 at 10:31 am to FredBear
ss people really think it is a handout? They have taken that money from people. I want my money back. Not my fault they spent it on other stuff. Heck I want it back with some interest also for my loan. Now give me my money back with interest and I would be good with that.
Posted on 3/7/19 at 10:37 am to breamking
If you cut me a check totaling what I have paid in to SS, with a little bit of interest and let me invest it and never make me have to pay a dime in again, I'll be out knocking on doors for you.
This post was edited on 3/7/19 at 10:38 am
Posted on 3/7/19 at 10:43 am to Eli Goldfinger
Yes, this is what's needed. Everyone should have to bit the bullet.
No, this candidate wouldn't have a shot. Those receiving entitlements can vote.
No, this candidate wouldn't have a shot. Those receiving entitlements can vote.
Posted on 3/7/19 at 10:50 am to troyt37
quote:
had the federal government kept their dick beaters off of the money in Social Security, it wouldn't be expected to be insolvent in 2030.
It's amazing how wrong you are on so many different topics.
Social security is still taking in more money every year in their share of FICA and self-employment taxes, then they are paying out in benefits. Every year, the excess just piles up in an account.
At various times over the years, rather than going out in the market and issuing bonds for general fund spending, the government has instead used the money in the trust funds, replacing it with a special purpose bond. Those bonds earn interest. In the future, when social security benefit payments exceed current share of dedicated revenue, the trust fund will redeem those bonds. Likely, the government will essentially pay off the bonds by selling new bonds in the market.
That money wasn't taken or stolen or anything. The value is still there, just instead of sitting in cash, it's sitting in bonds which are earning interest.
At some point in the future, social security and medicare will be insolvent because those accounts will pay out, in total, more money than they have taken in.
Some people will never receive the value in benefits that equals what they and their employers have paid in, but other people will receive much, much more.
Posted on 3/7/19 at 10:51 am to Eli Goldfinger
Yes, but there are too many takers to get elected.
Frankly, I want to see Trump EO a 20% cut to all departments just to see how everyone reacts. I'd expect a lot of this:
Frankly, I want to see Trump EO a 20% cut to all departments just to see how everyone reacts. I'd expect a lot of this:
Posted on 3/7/19 at 10:54 am to Eli Goldfinger
quote:
A candidate who promised to:
Make significant cuts to military spending.
Reel in Social Secirity spending.
Stop the practice of using tax returns as a handout.
Tax reform - flat tax or some variant - that closes all loopholes.
A likely necessary across-the-board tax increase.
Gov aid only to those unable to work.
No more private industry incentives.
Even if a President got elected on that platform, most of that could never get thru Congress. We are in a debt spiral with no escape
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