Social Security does not add to the deficit

Discussion in 'Politics' started by Luddly Neddite, Dec 12, 2012.

  1. Luddly Neddite
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    Luddly Neddite Diamond Member

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    Fact-checkers Sputter And Flop Attempting To Explain How Social Security Works, Affects Deficit

    [​IMG]

    So, why do Rs want to take (previously earned and therefore entitled to) money away from the elderly?
     
  2. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    I don't know. Maybe it's because your candidates have made sure Social security has absolutely zero money in the coffers since you guys started raiding it decades ago and we can do math.
     
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  3. Luddly Neddite
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    Luddly Neddite Diamond Member

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    Wrong.

    Wanna try again?
     
  4. Lakhota
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    Lakhota Diamond Member

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    Social Security doesn't add one penny to the deficit. Not one penny...
     
  5. Wiseacre
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    Wiseacre Retired USAF Chief Supporting Member

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    Yes it does, and this is why. According to the Social Security Trust Fund (SSTF), in 2011 it took in 45 billion less than it paid out. That is a deficit that must be paid for by borrowing money and adding to the deficit. Democrats love to play word games to convince the public there is no problem, but in fact the US Treasury had to borrow money to transfer to the SSTF to cover the $45 billion deficit last year. And in the future that deficit will become larger.
     
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  6. zakdavis
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    zakdavis Member

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    I won't touch this shit with a ten foot pole, if I were anyone who wasn't a paid economist and government expert.
     
  7. healthmyths
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    healthmyths Gold Member Supporting Member

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    AND YOUR CHART IS FULL OF CRAP!!!
    2011 FEDERAL REVENUES!! DUMMY!!1

    In 2011 this was the Total Federal Revenues and sources:REPEAT this is total Revenue sources for Federal Government!!!
    • Personal income tax $1,015 47.4% people that work for companies that work for profits primarily.
    • Social security/Medicare tax $818 35.5% employer pays Half of total paid-- where will that come from???
    • Corporate income tax 181 7.8% corporate evil profits generate taxes - then dividends taxed again!
    • Customs,Duties, Misc. 131 5.7%
    • Excise taxes 72 3.1%
    • Estate & Gift 7 0.4%
    Total: $2,302 100%


    $Screen Shot 2012-12-12 at 9.28.29 PM.jpg

    Federal Revenues by Source

    NO WHERE NEAR $831 billion dumb f...k

    in 2011 SOCIAL SECURITY AND Medicare ONLY $818 billion!
    And remember dumb f...KKK
    EMPLOYERS pay 53% of that $818 billion !
    Employees pay 47% !

    YOU dumb..f...ks that want UNIVERSAL HEALTH care ale Obamacare? Where you going to make up the $100 billion a year in SS/Medicare/income/state/local taxes???
     
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    Last edited: Dec 12, 2012
  8. Lakhota
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    Lakhota Diamond Member

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    healthmyths deserves an idiot award.
     
  9. Luddly Neddite
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    Luddly Neddite Diamond Member

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    Hard to tell for sure, but it looks like he might be confused over the difference between what comes in and what goes out. I don't usually read his posts because he seems to be confused about damn near everything but his confusion doesn't stop him for yammering about it.

    You have a good point. All any of us can do is read and try to figure out whose version to trust.

    The right won't trust the left and the left won't trust the right.

    And so it goes.
     
  10. OKTexas
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    OKTexas New Life Member of the NRA 12/15 Supporting Member

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    If I'm not mistaken they have had to borrow to cover the SS short fall for last 3-4 years. Maobama payroll tax cut played a huge roll in that. Ya cut funding to a program that was just barely sustaining itself without reducing expenditures you have to cover the difference and pay interest on the borrowed money.
     

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