A GOP Road Map for America's Future

Discussion in 'Politics' started by Skull Pilot, Jan 27, 2010.

  1. Skull Pilot
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    Skull Pilot Platinum Member

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    Paul D. Ryan: A GOP Road Map for America's Future - WSJ.com

    Now i am not a Repudlican but this plan has much of what I would like to see. But IMO it doesn't go far enough especially concerning Social Security. It is my thought that 100% of SS contributions, including employer match be owned by the individual but it's a start.

    I could live with the simplified tax plan and the rest.

    Thoughts?
     
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  2. Douger
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    Douger BANNED

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    That's all nice.
    Here's reality.
    [ame]http://www.youtube.com/watch?v=2omkv-LweCE[/ame]
     
    Last edited: Jan 27, 2010
  3. Skull Pilot
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    Skull Pilot Platinum Member

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    What's that got to do with the proposed changes in the op ed?

    Do the health care, Social Security, and tax proposals make sense?

    If so why?

    If not why?
     
  4. uscitizen
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    uscitizen Senior Member

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    "A GOP Road Map for America's Future "

    The highway to hell is actually on a roadmap?
     
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    Last edited: Jan 27, 2010
  5. Xenophon
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    Xenophon Gone and forgotten

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    It looks like the GoP is finally starting to pick themselves off the floor.

    A game plan like this could bring big results in November.
     
  6. Skull Pilot
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    Skull Pilot Platinum Member

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    As opposed the the Dimcorats' current course?

    There are many roads to a great city, certainly there is more than one road to hell.
     
  7. froggy
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    froggy Gold Member

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    The average joe pays in at least 75,000.00 by retirment age matched by employer thats 150,000.00 which would give him around 1,250.00 a mount for 10 years. What gives the goverment the right to touch this money?
     
  8. Modbert
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    Modbert Daydream Believer Supporting Member

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  9. Skull Pilot
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    Skull Pilot Platinum Member

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    Where do you put your money that it earns no interest?

    Assuming that the average income is about 45K and the average working life is 45 years and everyone save an additional 10% of gross income above and beyond SS even if you never got a raise you would have millions.

    15% of 45K works out to 562.50 a month
    10% of 45K works out to 375.00 a month

    Fo a total of 937.5 a month saved for retirement

    Over 45 years if you earned

    5% you'd have 1.9 million
    7% you'd have 3.55 million
    8% you'd have 4.9 million

    These are NOT unreasonable rates of return for a 45 year period in fact they are rather conservative.

    And that for every 150K you have, if it earns 5% it will produce 1000 a month in income for 20 years

    So monthly retirement income from the above would be

    12,666
    23,666 and
    32,666

    respectively.

    So tell me that SS does better.
     
  10. Darkwind
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    Darkwind Gold Member

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    Not a bad start. I think that this needs to be refined more. It does not go far enough in spending cuts to government nor does it do enough to eliminated unfunded mandates and returning governing to the States where it belongs. But going for the whole enchilada is probably not going to work as long as the media controls who gets outraged and who doesn't.
     

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