Uh oh

The only solution to the DEBT THAT REPUBLICANS JUST INCURRED (by giving the rich a huge tax cut) is to slash spending on things that help the middle class and poor?

Yea...you're a Republican...

 

Over 3K a year but I repeat myself.

 

Then you must be making about $150K a year and live in a low tax state.

That's hardly the norm

 

Nope and yes. Not one of those elite that think only the correct kind of people live on the east or west coast.

 

No. You don't understand.

By allowing me to opt out, the government wouldn't be confiscating any more of my money for SS and that I would voluntarily forfeit any money paid into the system.

I'm currently 54 years old and the last time I checked my SS account, which was about 5 years ago, they said that I only paid in about $100,000 and I've been working full-time since the late 80's. I currently have about $450,000 in my 401K.

SS is a scam and a ponzi scheme.

 

Everyone who paid taxes got a tax cut and the rich were paying the vast majority of the income taxes before the tax cut and are paying the vast majority of the income taxes after the tax cut.

Your partisan gibberish isn't going to change the facts.

 

The debt incurred on financing the infrastructure that laid the foundation for YOUR success is no longer YOUR responsibility, now that YOUR economic status is stable???

Insufficient tax receipts led to this dilemma, and government overspending is due more to the avaricious exploitations of the affluent than to the relatively meager "entitlements" begrudgingly rationed out to the poor.

 

Social Programs are responsible for over 60% of total federal spending....

https://www.nationalpriorities.org/budget-basics/federal-budget-101/spending/

 

The tycoons of this nation owe their fortunes to the hard work and sacrifices of workers and consumers; should they ask them to shoulder a greater portion of the burden???

 

Pretty sure that’s the problem. People who don’t pay taxes are mad they didn’t get anything.

 

The rich already "shoulder a greater portion of the burden."

How much more do you want to steal from them?

 

. . . . When you add Social Security, Medicare, and other programs available to everybody. . . .

 

If the government took 90% of the money and assets from the rich today (who are already paying 90% of the bills) and gave it to the poor-
you would still be bitching that it wasn't enough.

90%. Thats the percentage of the total federal income tax receipts that the top 10% of taxpayers provide. They are also the people who actually make things happen so the average everyday taxpayers have jobs.It's so unfair that they don't pay 100%, isn't it?

 

LOL. Democrats talking about the deficit and national debt is like Chicago gang-bangers complaining about street violence.

Yes, I don't like seeing the national debt go up, but I doubt it would have been lowered under Hillary. IMO, most non-billionaire Republicans/Republican voters think they'll be better off in the long run without the Democrats in charge.

 

It's the "other programs" that can be most concerning although SS and Medicare are having problems too.

https://www.edwardconard.com/9881-2/


https://www.economist.com/news/briefing/21578385-entitlements-america
Start with Social Security: by far the single biggest obligation of the federal government, costing $809 billion this year, or 5% of GDP—and long known as the “third rail”, because it would electrocute any politician who touched it. The number of beneficiaries will grow by 1.5m per year for the next two decades, sending the cost of benefits to 5.9% in 2031. As the ratio of retired people to workers grows (see chart 2), the cost of benefits will outstrip the payroll taxes earmarked to finance them. By around 2035, the gap will reach 1.5% of GDP (though your proposal to index benefits to a different inflation measure would trim that). Three ways to eliminate that gap:.....

http://globalpublicsquare.blogs.cnn.com/2014/04/25/what-world-can-teach-u-s-about-entitlements/
As the United States grapples with entitlement reform, it would do well to learn some lessons from the experiences of other countries. A new report by the Center for Strategic and International Studies notes that many countries have recently enacted reforms that have trimmed benefit formulas, raised retirement ages, and put in place new funded pension systems that supplement or partially substitute for pay-as-you-go government systems.

Several countries – including Germany, Italy, Japan, and Sweden – have gone further and introduced “automatic stabilizers” into their public pension systems that, directly or indirectly, index benefits to the growth in the payroll tax base. These stabilizers may differ in design, but they have two crucial characteristics in common. First, they are all expressly designed to offset the full impact of demographically driven cost growth. And second, they are all self-adjusting. In effect, they put entitlements on a new kind of autopilot – one that is preprogrammed for cost constraint rather than for cost growth.

 

Available to everybody?

I didn't ask the government to create programs that I'm forced to participate in.

 

The top 1% possess 40% of our nation's wealth. . . . Should rising deficits further subsidize their gluttonous excesses???

Your choice of the word "steal" would more appropriately be directed towards how most of the obscenely wealthy accumulated their fortunes.

 

Yes, I remember when deficits and national debt matter to them. Or so they said, But it only mattered if you are talking about social safety nets, and never matters when talking about war dept. spending. I think they are hoping to run up debt so high that they have to get rid of social security. Ike pegged them when he was in office.

 

Never seems to matter to them when they are talking about cutting revenues with tax cuts either.

 

Must government first obtain YOUR consent???

 

So?

Peopling legally earning their money is not stealing.

People expecting others to pay for their stuff and having government do it for them is stealing.

Stop conflating the two.

 

Why would I want government to control my life?

 

So, the government is stealing from the wealthy on behalf of the needy, then borrowing more from them (and paying interest) in order to cover the resulting deficit.

. . . . GOT IT!!!

 

You MUST agree to certain conditions in order to live here.

 

Chicago gang bangers?

Did you really need that dog whistle?