Invest the Social Security Trust Fund in US Equities

Discussion in 'Economy' started by CrusaderFrank, Sep 5, 2018.

  1. CrusaderFrank
    Online

    CrusaderFrank Diamond Member

    Joined:
    May 20, 2009
    Messages:
    98,601
    Thanks Received:
    18,063
    Trophy Points:
    2,220
    Location:
    NYC
    Ratings:
    +63,107
    • Winner Winner x 1
    • Informative Informative x 1
    Last edited: Sep 5, 2018
  2. S.J.
    Offline

    S.J. Platinum Member

    Joined:
    Nov 28, 2012
    Messages:
    34,351
    Thanks Received:
    6,800
    Trophy Points:
    1,140
    Location:
    So. Cal.
    Ratings:
    +31,360
    Dems would never be able to keep their hands off of it long enough for it to grow. It's being kept alive with borrowed money.
     
    • Winner Winner x 2
  3. CrusaderFrank
    Online

    CrusaderFrank Diamond Member

    Joined:
    May 20, 2009
    Messages:
    98,601
    Thanks Received:
    18,063
    Trophy Points:
    2,220
    Location:
    NYC
    Ratings:
    +63,107
    Well, that's the whole point! We have to cut spending and invest the Trust Fund!
     
  4. S.J.
    Offline

    S.J. Platinum Member

    Joined:
    Nov 28, 2012
    Messages:
    34,351
    Thanks Received:
    6,800
    Trophy Points:
    1,140
    Location:
    So. Cal.
    Ratings:
    +31,360
    Ronald Reagan called for a balanced budget amendment back in '81 but the big spenders in Congress (on both sides) rejected it. That's the only thing that could get us there but that train done left the station.
     
    • Winner Winner x 1
  5. CrusaderFrank
    Online

    CrusaderFrank Diamond Member

    Joined:
    May 20, 2009
    Messages:
    98,601
    Thanks Received:
    18,063
    Trophy Points:
    2,220
    Location:
    NYC
    Ratings:
    +63,107
    If Trump is able to get the RINO's to agree, he would be the first President since Coolidge to actually cut spending...yeah, I know, "get the RINO's to agree" it sounds ridiculous
     
    • Agree Agree x 1
  6. Votto
    Offline

    Votto Gold Member

    Joined:
    Oct 31, 2012
    Messages:
    19,199
    Thanks Received:
    2,983
    Trophy Points:
    280
    Ratings:
    +16,303
    Cut spending? Why that is draconian. People will be dying in the streets man!

    This reminds me of the big wig in Starbucks. He is a big Left winger, but he says that we cannot afford a single payer system because of the cost and the amount of debt the US is already in. He says that the numbers just don't add up, and ignoring the debt would be catastrophic to the country's future. He said he thought about running for President, but obviously with this stance he has no chance.

    Fortunately, he is a business man and understands this issue, but how to sell it?

    The GOP wins by cutting taxes and the DNC wins by giving free things away. This combination is what has led to the largest amount of debt in human history, so how to win an election without these two dangling carrots?

    Any suggestions?
     
    • Agree Agree x 1
  7. S.J.
    Offline

    S.J. Platinum Member

    Joined:
    Nov 28, 2012
    Messages:
    34,351
    Thanks Received:
    6,800
    Trophy Points:
    1,140
    Location:
    So. Cal.
    Ratings:
    +31,360
    The answer is to get rid of the RINOs but that's a whole other challenge there. But if anybody can do it, it's Trump.
     
    • Winner Winner x 1
  8. caddo kid
    Offline

    caddo kid Silver Member

    Joined:
    Aug 15, 2018
    Messages:
    3,353
    Thanks Received:
    307
    Trophy Points:
    95
    Ratings:
    +2,587

    LOL; Coolidges' policies directly contributed to the Great Depression
     
  9. CrusaderFrank
    Online

    CrusaderFrank Diamond Member

    Joined:
    May 20, 2009
    Messages:
    98,601
    Thanks Received:
    18,063
    Trophy Points:
    2,220
    Location:
    NYC
    Ratings:
    +63,107
    LOL. No they didn't. You sound fucking ignorant. Maybe stay out of Economics altogether.
     
    • Agree Agree x 1
  10. CrusaderFrank
    Online

    CrusaderFrank Diamond Member

    Joined:
    May 20, 2009
    Messages:
    98,601
    Thanks Received:
    18,063
    Trophy Points:
    2,220
    Location:
    NYC
    Ratings:
    +63,107
    Zero based budgeting for starters. We still have depression era agencies, programs and practices that are attached to outlays like a vampire squid and continue to drain the financial lifeblood away. For example, we don't need Public Housing or Public Education
     
    • Agree Agree x 1

Share This Page