Social Security Will Be Insolvent in 10 Years

[Lord Long Rod]

Social Security is running out of money

hotair.com

It is striking to me how many human beings will accept lie after lie from Democrats. The dark vision of elder financial doom has been prophesized for decades. It is simply a matter of math, and math cannot be refuted. Oh, it can be manipulated (e.g., electoral politics; climate "science"; etc...). But calculations and their results cannot be refuted. I raised this issue here on this board months ago and was refuted by virtually all the leftist yo-yos and ding-dongs that this is simply just not true. "You have no evidence of that!", "You are being lied to by the Republicans!", and "It is really you on the right who are trying to destroy Social Security!", are just some of the tripe I heard in response. Well, I am back again to point this out to you. Massive cuts to your entitlements will begin in 2033. "Oh, Long Rod, you are just so naive! Our generous government overseers will not let this happen to us! They will tend to us and our needs by making the wealthy pay their fair share!", will come the retort. I say, hogwash!

One author bravely asked the question I have been asking for months in response to Dem stupidity, to wit: "Is it Necessary to Prove What is Self-Evident?" (in relation to Covid fraud). Is it necessary to prove what's 'self-evident'?

Gaslighting is merely a nice way of saying "lying". Prominent in leftist propaganda today is the trick of simply denying things ("That was debunked!!"; "You are gaslighting"; "Show me the evidence!!", etc...). In doing so they are lying to the American people. When, for example, a leftist kunt asks you for "evidence" that Biden was engaged in a pay-to-play, influence peddling scheme when he was occupying the position of VP under the deplorable and dark (possibly Satanic) rein of the Ayatollah Barry Hussein Hamas Obama, then you give it to him (citing tons upon tons of circumstantial evidence, and substantial direct evidence), they wildly respond to you by falsely claiming there is no evidence. What the fuck, right? People who act like this are not people we need in our body politic. They are wet, smelly turds and they are making everybody else look and smell like shit. They must be flushed down the toilet and into the sewage system, where they belong.

Let us look at the Social Security issue as if we have fucking brains that function at higher than a pre-school level AND belong to virtuous and honorable people (which pretty much excludes Democrats, to be clear). Omit the emotional responses, the blue collar morality, lies, the politics, propaganda, etc... Social Security is not going to be able to cover its current obligations in 10 years (or some similar short time period, depending on who you listen to). This will necessitate cuts. This is the undisputed consequence if we continue forward with this program unchanged.

We can certainly get into a debate (have a conversation, as the black Dems are fond of saying) of how we can prevent the program from becoming insolvent (which, for you Democrats, means its obligations exceeds its funding; i.e., ya'll ain't payin' yer bills!), and whether we even should preserve it. Maybe we ought to dismantle the system altogether. For all you folks who "paid into SS for years" expecting to get a pittance of it returned to you upon retirement (i.e., however much the federal government says you can have), you should remember that this is not the first time the government has fucked you. Why you expect the federal government not to fuck you is what I find surprising.

SS "investment" (LOL!!) is similar to tax refunds. The only way some people can save is to allow the government to over-deduct for income tax withholdings, then use your money interest-free for a year before they return it to you. You are duped into thinking this is a windfall. I do not know about where everybody else is from, but where I am from this is considered a great big old fucking put on you by the feds. Similarly, with SS you give the fed a percentage of your gross earnings, allow the government to hold it, interest free and derived from your labor, and spend it, purportedly in exchange for them letting you have a little bit of it back when you reach a certain age. Why? Because they think you are too fucking stupid to save and invest your own money. Contrary to what some say, the money they take from you to fund SS is not going into a little lock box to be safely held for your golden years. It is going to pay people who are currently drawing SS benefits.

When I hear somebody say "Dad-gummit!! I dun paid into the Social Security fer decades and I expect ta git sumthang out of it. They owes me!!", I cannot help but to sadly shake my head. And these are usually good people, many conservatives. But you got to get it through your heads, brothers: You have been fucked. You have been played, and there is nothing you can do about it. Your money was taken from you by force of law and payed to other people who are on the public dole. You will get some of it back (maybe), but you will take a huge cut relative to what is being paid out today to others (with YOUR money).

 

[Michelle420]

Eliminate the IRS now

 

[1srelluc]

Two things that you can rest assured will never happen:

SS checks not going out.

EBT cards not being recharged.

 

[Votto]

Social Security is running out of money

hotair.com

It is striking to me how many human beings will accept lie after lie from Democrats. The dark vision of elder financial doom has been prophesized for decades. It is simply a matter of math, and math cannot be refuted. Oh, it can be manipulated (e.g., electoral politics; climate "science"; etc...). But calculations and their results cannot be refuted. I raised this issue here on this board months ago and was refuted by virtually all the leftist yo-yos and ding-dongs that this is simply just not true. "You have no evidence of that!", "You are being lied to by the Republicans!", and "It is really you on the right who are trying to destroy Social Security!", are just some of the tripe I heard in response. Well, I am back again to point this out to you. Massive cuts to your entitlements will begin in 2033. "Oh, Long Rod, you are just so naive! Our generous government overseers will not let this happen to us! They will tend to us and our needs by making the wealthy pay their fair share!", will come the retort. I say, hogwash!

One author bravely asked the question I have been asking for months in response to Dem stupidity, to wit: "Is it Necessary to Prove What is Self-Evident?" (in relation to Covid fraud). Is it necessary to prove what's 'self-evident'?

Gaslighting is merely a nice way of saying "lying". Prominent in leftist propaganda today is the trick of simply denying things ("That was debunked!!"; "You are gaslighting"; "Show me the evidence!!", etc...). In doing so they are lying to the American people. When, for example, a leftist kunt asks you for "evidence" that Biden was engaged in a pay-to-play, influence peddling scheme when he was occupying the position of VP under the deplorable and dark (possibly Satanic) rein of the Ayatollah Barry Hussein Hamas Obama, then you give it to him (citing tons upon tons of circumstantial evidence, and substantial direct evidence), they wildly respond to you by falsely claiming there is no evidence. What the fuck, right? People who act like this are not people we need in our body politic. They are wet, smelly turds and they are making everybody else look and smell like shit. They must be flushed down the toilet and into the sewage system, where they belong.

Let us look at the Social Security issue as if we have fucking brains that function at higher than a pre-school level AND belong to virtuous and honorable people (which pretty much excludes Democrats, to be clear). Omit the emotional responses, the blue collar morality, lies, the politics, propaganda, etc... Social Security is not going to be able to cover its current obligations in 10 years (or some similar short time period, depending on who you listen to). This will necessitate cuts. This is the undisputed consequence if we continue forward with this program unchanged.

We can certainly get into a debate (have a conversation, as the black Dems are fond of saying) of how we can prevent the program from becoming insolvent (which, for you Democrats, means its obligations exceeds its funding; i.e., ya'll ain't payin' yer bills!), and whether we even should preserve it. Maybe we ought to dismantle the system altogether. For all you folks who "paid into SS for years" expecting to get a pittance of it returned to you upon retirement (i.e., however much the federal government says you can have), you should remember that this is not the first time the government has fucked you. Why you expect the federal government not to fuck you is what I find surprising.

SS "investment" (LOL!!) is similar to tax refunds. The only way some people can save is to allow the government to over-deduct for income tax withholdings, then use your money interest-free for a year before they return it to you. You are duped into thinking this is a windfall. I do not know about where everybody else is from, but where I am from this is considered a great big old fucking put on you by the feds. Similarly, with SS you give the fed a percentage of your gross earnings, allow the government to hold it, interest free and derived from your labor, and spend it, purportedly in exchange for them letting you have a little bit of it back when you reach a certain age. Why? Because they think you are too fucking stupid to save and invest your own money. Contrary to what some say, the money they take from you to fund SS is not going into a little lock box to be safely held for your golden years. It is going to pay people who are currently drawing SS benefits.

When I hear somebody say "Dad-gummit!! I dun paid into the Social Security fer decades and I expect ta git sumthang out of it. They owes me!!", I cannot help but to sadly shake my head. And these are usually good people, many conservatives. But you got to get it through your heads, brothers: You have been fucked. You have been played, and there is nothing you can do about it. Your money was taken from you by force of law and payed to other people who are on the public dole. You will get some of it back (maybe), but you will take a huge cut relative to what is being paid out today to others (with YOUR money).

Follow the Sosus game plan

1. Economic collapse

2. Economic Reset with world wide digital currency

3. Kiss your freedoms goodbye forever.

 

[Anomalism]

Man...

This poster is really full of himself.

 

[sealybobo]

Social Security is running out of money

hotair.com

It is striking to me how many human beings will accept lie after lie from Democrats. The dark vision of elder financial doom has been prophesized for decades. It is simply a matter of math, and math cannot be refuted. Oh, it can be manipulated (e.g., electoral politics; climate "science"; etc...). But calculations and their results cannot be refuted. I raised this issue here on this board months ago and was refuted by virtually all the leftist yo-yos and ding-dongs that this is simply just not true. "You have no evidence of that!", "You are being lied to by the Republicans!", and "It is really you on the right who are trying to destroy Social Security!", are just some of the tripe I heard in response. Well, I am back again to point this out to you. Massive cuts to your entitlements will begin in 2033. "Oh, Long Rod, you are just so naive! Our generous government overseers will not let this happen to us! They will tend to us and our needs by making the wealthy pay their fair share!", will come the retort. I say, hogwash!

One author bravely asked the question I have been asking for months in response to Dem stupidity, to wit: "Is it Necessary to Prove What is Self-Evident?" (in relation to Covid fraud). Is it necessary to prove what's 'self-evident'?

Gaslighting is merely a nice way of saying "lying". Prominent in leftist propaganda today is the trick of simply denying things ("That was debunked!!"; "You are gaslighting"; "Show me the evidence!!", etc...). In doing so they are lying to the American people. When, for example, a leftist kunt asks you for "evidence" that Biden was engaged in a pay-to-play, influence peddling scheme when he was occupying the position of VP under the deplorable and dark (possibly Satanic) rein of the Ayatollah Barry Hussein Hamas Obama, then you give it to him (citing tons upon tons of circumstantial evidence, and substantial direct evidence), they wildly respond to you by falsely claiming there is no evidence. What the fuck, right? People who act like this are not people we need in our body politic. They are wet, smelly turds and they are making everybody else look and smell like shit. They must be flushed down the toilet and into the sewage system, where they belong.

Let us look at the Social Security issue as if we have fucking brains that function at higher than a pre-school level AND belong to virtuous and honorable people (which pretty much excludes Democrats, to be clear). Omit the emotional responses, the blue collar morality, lies, the politics, propaganda, etc... Social Security is not going to be able to cover its current obligations in 10 years (or some similar short time period, depending on who you listen to). This will necessitate cuts. This is the undisputed consequence if we continue forward with this program unchanged.

We can certainly get into a debate (have a conversation, as the black Dems are fond of saying) of how we can prevent the program from becoming insolvent (which, for you Democrats, means its obligations exceeds its funding; i.e., ya'll ain't payin' yer bills!), and whether we even should preserve it. Maybe we ought to dismantle the system altogether. For all you folks who "paid into SS for years" expecting to get a pittance of it returned to you upon retirement (i.e., however much the federal government says you can have), you should remember that this is not the first time the government has fucked you. Why you expect the federal government not to fuck you is what I find surprising.

SS "investment" (LOL!!) is similar to tax refunds. The only way some people can save is to allow the government to over-deduct for income tax withholdings, then use your money interest-free for a year before they return it to you. You are duped into thinking this is a windfall. I do not know about where everybody else is from, but where I am from this is considered a great big old fucking put on you by the feds. Similarly, with SS you give the fed a percentage of your gross earnings, allow the government to hold it, interest free and derived from your labor, and spend it, purportedly in exchange for them letting you have a little bit of it back when you reach a certain age. Why? Because they think you are too fucking stupid to save and invest your own money. Contrary to what some say, the money they take from you to fund SS is not going into a little lock box to be safely held for your golden years. It is going to pay people who are currently drawing SS benefits.

When I hear somebody say "Dad-gummit!! I dun paid into the Social Security fer decades and I expect ta git sumthang out of it. They owes me!!", I cannot help but to sadly shake my head. And these are usually good people, many conservatives. But you got to get it through your heads, brothers: You have been fucked. You have been played, and there is nothing you can do about it. Your money was taken from you by force of law and payed to other people who are on the public dole. You will get some of it back (maybe), but you will take a huge cut relative to what is being paid out today to others (with YOUR money).

Didn't I say when they cut taxes on rich people and corporations that ultimately the tax burden will be shifted on to us? So Reagan, Bush and Trump all cut taxes. Trump doubled the number of corporations who effectively pay zero taxes. And now we're broke? What a shocker.

There is only one solution.

Roll Back the Reagan Tax Cuts

Our bridges are falling apart (among other things), and its Ronald Reagan's fault. A few hours before the bridge collapsed in Minnesota, a news release landed (among hundreds) in my email inbox. It was from the right-wing "Heartland Institute" and a Minnesota conservative group calling itself...

www.commondreams.org

Mark my words. The next recession, Republicans are going to say we need to cut everyone's social security and medicare 20-30%, in order to "save" the programs. But for the last 3 or 4 decades they've been doing everything they could to bankrupt these programs. And they will make you work 3 years longer. Mark my words. And I'll tell you I told you so. And you'll say it's Democrats fault. Just like you blamed them for Bush's great recession. It was freddy, fanny, anyone but Bush.

 

[Lord Long Rod]

Man...

This poster is really full of himself.

Thank you for your comment. Believe it or not, I am actually going to pay you a compliment. See, I do not actually believe that you are as stupid as you pretend to be online. I even have my suspicions that you do not even believe the ridiculous nonsense you espouse to others on a regular basis. I know it is fun to act stupid and be snarky. Thanks to the advent of the internet you can now do this with little to no consequence.

A virtuous man, or woman, of honor knows that there are a number of things that must be collectively valued highly in order to maintain a civil society. These things consist of matters such as honesty, having a strong work ethic, being productive, and tolerance of diversity of opinions and ideas. Too many people today choose to live without virtue and a sense of honor. But it is our duty to seek a virtuous life if we are to effectively live in peace with one another. This requires, inter alia, education on a myriad of topics fueled by a natural curiosity and drive to better oneself and, therefore, society in general.

Such a heightened and enlightened consciousness cannot be found on the internet. Cyberspace is a dark, virtueless morass of social toxicity that is the antithesis to virtue. I acknowledge this, and I have some some time now. Therefore, I begrudge nobody their words and thoughts in the cyber world. I expect nothing from them. They are nothing, and they are of no consequence to me. Their value, if any, is what you choose it to be.

In order to stave off the inevitable nihilism associated with internet socializing, I choose to accept faith in the belief that nobody can really be as stupid and ignorant as you appear to be from the comments you publicly make. Most assuredly you are merely saying what you say in order to derive some sort of pleasure from a deviant fetish you harbor based on watching people respond to your bullshit.

 

[Lord Long Rod]

Didn't I say when they cut taxes on rich people and corporations that ultimately the tax burden will be shifted on to us? So Reagan, Bush and Trump all cut taxes. Trump doubled the number of corporations who effectively pay zero taxes. And now we're broke? What a shocker.

There is only one solution.

Roll Back the Reagan Tax Cuts

Our bridges are falling apart (among other things), and its Ronald Reagan's fault. A few hours before the bridge collapsed in Minnesota, a news release landed (among hundreds) in my email inbox. It was from the right-wing "Heartland Institute" and a Minnesota conservative group calling itself...

www.commondreams.org

Mark my words. The next recession, Republicans are going to say we need to cut everyone's social security and medicare 20-30%, in order to "save" the programs. But for the last 3 or 4 decades they've been doing everything they could to bankrupt these programs. And they will make you work 3 years longer. Mark my words. And I'll tell you I told you so. And you'll say it's Democrats fault. Just like you blamed them for Bush's great recession. It was freddy, fanny, anyone but Bush.

Tax revenue increases when you cut taxes. When you increase taxes on business, it is the consumers who ultimately pay it, thereby taking money out of the economy (where it can grow the economy) and putting it into the welfare system (where is grows nothing).

 

[Anomalism]

Thank you for your comment. Believe it or not, I am actually going to pay you a compliment. See, I do not actually believe that you are as stupid as you pretend to be online. I even have my suspicions that you do not even believe the ridiculous nonsense you espouse to others on a regular basis. I know it is fun to act stupid and be snarky. Thanks to the advent of the internet you can now do this with little to no consequence.

A virtuous man, or woman, of honor knows that there are a number of things that must be collectively valued highly in order to maintain a civil society. These things consist of matters such as honesty, having a strong work ethic, being productive, and tolerance of diversity of opinions and ideas. Too many people today choose to live without virtue and a sense of honor. But it is our duty to seek a virtuous life if we are to effectively live in peace with one another. This requires, inter alia, education on a myriad of topics fueled by a natural curiosity and drive to better oneself and, therefore, society in general.

Such a heightened and enlightened consciousness cannot be found on the internet. Cyberspace is a dark, virtueless morass of social toxicity that is the antithesis to virtue. I acknowledge this, and I have some some time now. Therefore, I begrudge nobody their words and thoughts in the cyber world. I expect nothing from them. They are nothing, and they are of no consequence to me. Their value, if any, is what you choose it to be.

In order to stave off the inevitable nihilism associated with internet socializing, I choose to accept faith in the belief that nobody can really be as stupid and ignorant as you appear to be from the comments you publicly make. Most assuredly you are merely saying what you say in order to derive some sort of pleasure from a deviant fetish you harbor based on watching people respond to your bullshit.

Do you have any examples of these comments, or are you just projecting some nonsense onto me?

I'm at the edge of my seat waiting for more of your wisdom, Mr. Long Rod.

 

[Lord Long Rod]

Do you have any examples of these comments, or are you just projecting some nonsense onto me?

Just scroll back through your history, sport.

 

[sealybobo]

Follow the Sosus game plan

1. Economic collapse

2. Economic Reset with world wide digital currency

3. Kiss your freedoms goodbye forever.

I suspect it will just be a 30% cut to all our benefits. So if you were going to be getting $2000 a month it will be $1400.

Now you may not consider that "raising your taxes" but you can consider this. Since Reagan Republicans have been bankrupting our government by cutting rich people and corporate taxes, also defunding the IRS so they are powerless to go after guys like Trump when they commit tax fraud.

So they will be shifting the tax burden on to you from the days when those corporations and rich people paid their fair share. And remember, you defended all those tax breaks to the rich. It's your fault. And it's going to cost you.

I'll survive with $600 a month less for the rest of my life. Boy, that's a huge tax on us isn't it? I mean taking that much away from us middle class people? We should have never given the rich and corporations tax breaks knowing this was going to happen.

And, make you work until you are 70 instead of 67. You don't mind working 3 more years to pay for Trump's tax breaks do you? Of course not.

Corporate tax rates were also cut so severely that they went from representing over 33% of total federal tax receipts in 1951 to less than 9% in 1983

 

[Anomalism]

Just scroll back through your history, sport.

Yeah, I thought not. So you're shouting at the sky and making up whatever context you need. Got it.

 

[TroglocratsRdumb]

Social Security is running out of money

hotair.com

It is striking to me how many human beings will accept lie after lie from Democrats. The dark vision of elder financial doom has been prophesized for decades. It is simply a matter of math, and math cannot be refuted. Oh, it can be manipulated (e.g., electoral politics; climate "science"; etc...). But calculations and their results cannot be refuted. I raised this issue here on this board months ago and was refuted by virtually all the leftist yo-yos and ding-dongs that this is simply just not true. "You have no evidence of that!", "You are being lied to by the Republicans!", and "It is really you on the right who are trying to destroy Social Security!", are just some of the tripe I heard in response. Well, I am back again to point this out to you. Massive cuts to your entitlements will begin in 2033. "Oh, Long Rod, you are just so naive! Our generous government overseers will not let this happen to us! They will tend to us and our needs by making the wealthy pay their fair share!", will come the retort. I say, hogwash!

One author bravely asked the question I have been asking for months in response to Dem stupidity, to wit: "Is it Necessary to Prove What is Self-Evident?" (in relation to Covid fraud). Is it necessary to prove what's 'self-evident'?

Gaslighting is merely a nice way of saying "lying". Prominent in leftist propaganda today is the trick of simply denying things ("That was debunked!!"; "You are gaslighting"; "Show me the evidence!!", etc...). In doing so they are lying to the American people. When, for example, a leftist kunt asks you for "evidence" that Biden was engaged in a pay-to-play, influence peddling scheme when he was occupying the position of VP under the deplorable and dark (possibly Satanic) rein of the Ayatollah Barry Hussein Hamas Obama, then you give it to him (citing tons upon tons of circumstantial evidence, and substantial direct evidence), they wildly respond to you by falsely claiming there is no evidence. What the fuck, right? People who act like this are not people we need in our body politic. They are wet, smelly turds and they are making everybody else look and smell like shit. They must be flushed down the toilet and into the sewage system, where they belong.

Let us look at the Social Security issue as if we have fucking brains that function at higher than a pre-school level AND belong to virtuous and honorable people (which pretty much excludes Democrats, to be clear). Omit the emotional responses, the blue collar morality, lies, the politics, propaganda, etc... Social Security is not going to be able to cover its current obligations in 10 years (or some similar short time period, depending on who you listen to). This will necessitate cuts. This is the undisputed consequence if we continue forward with this program unchanged.

We can certainly get into a debate (have a conversation, as the black Dems are fond of saying) of how we can prevent the program from becoming insolvent (which, for you Democrats, means its obligations exceeds its funding; i.e., ya'll ain't payin' yer bills!), and whether we even should preserve it. Maybe we ought to dismantle the system altogether. For all you folks who "paid into SS for years" expecting to get a pittance of it returned to you upon retirement (i.e., however much the federal government says you can have), you should remember that this is not the first time the government has fucked you. Why you expect the federal government not to fuck you is what I find surprising.

SS "investment" (LOL!!) is similar to tax refunds. The only way some people can save is to allow the government to over-deduct for income tax withholdings, then use your money interest-free for a year before they return it to you. You are duped into thinking this is a windfall. I do not know about where everybody else is from, but where I am from this is considered a great big old fucking put on you by the feds. Similarly, with SS you give the fed a percentage of your gross earnings, allow the government to hold it, interest free and derived from your labor, and spend it, purportedly in exchange for them letting you have a little bit of it back when you reach a certain age. Why? Because they think you are too fucking stupid to save and invest your own money. Contrary to what some say, the money they take from you to fund SS is not going into a little lock box to be safely held for your golden years. It is going to pay people who are currently drawing SS benefits.

When I hear somebody say "Dad-gummit!! I dun paid into the Social Security fer decades and I expect ta git sumthang out of it. They owes me!!", I cannot help but to sadly shake my head. And these are usually good people, many conservatives. But you got to get it through your heads, brothers: You have been fucked. You have been played, and there is nothing you can do about it. Your money was taken from you by force of law and payed to other people who are on the public dole. You will get some of it back (maybe), but you will take a huge cut relative to what is being paid out today to others (with YOUR money).

The greedy corrupt Democrat Cult wasted/looted $$trillions$$ on covid and their inflation production act.
They don't care about SS.

 

[sealybobo]

Just scroll back through your history, sport.

Roll Back the Reagan Tax Cuts

Our bridges are falling apart (among other things), and its Ronald Reagan's fault. A few hours before the bridge collapsed in Minnesota, a news release landed (among hundreds) in my email inbox. It was from the right-wing "Heartland Institute" and a Minnesota conservative group calling itself...

www.commondreams.org

This is what we were saying in 2007

Since Bush has been president:

• over 5 million people have slipped into poverty;
• nearly 7 million Americans have lost their health insurance;
• median household income has gone down by nearly $1,300;
• three million manufacturing jobs have been lost;
• three million American workers have lost their pensions;
• home foreclosures are now the highest on record;
• the personal savings rate is below zero - which hasn't happened since the great depression;
• the real earnings of college graduates have gone down by about 5% in the last few years;
• entry level wages for male and female high school graduates have fallen by over 3%;
• wages and salaries are now at the lowest share of GDP since 1929.

The debate about whether or not to roll Bush's tax cuts back to Clinton's modest mid-30% rates is absurd. It's time to roll back the horribly failed experiment of the Reagan tax cuts. And use that money to pay down Reagan's debt and rebuild this nation.

And Roll back the Trump tax breaks too!!!!!

 

[WEATHER53]

You fucking shit for brains love to instill panic and dwell in negativism.
You have absolutely zero to offer anyone that is ever uplifting
You take insidious delight in your variety of malaises.
Social security is another liberal sky is falling hoax .

 

[sealybobo]

Tax revenue increases when you cut taxes. When you increase taxes on business, it is the consumers who ultimately pay it, thereby taking money out of the economy (where it can grow the economy) and putting it into the welfare system (where is grows nothing).

Reagan cut income taxes on the very rich from 70% down to 27%. Corporate tax rates were also cut so severely that they went from representing over 33% of total federal tax receipts in 1951 to less than 9% in 1983 (they're still in that neighborhood, the lowest in the industrialized world).

The result was devastating. Our government was suddenly so badly awash in red ink that Reagan doubled the tax paid only by people earning less than $40,000/year (FICA), and then began borrowing from the huge surplus this new tax was accumulating in the Social Security Trust Fund. Even with that, Reagan had to borrow more money in his 8 years than the sum total of all presidents from George Washington to Jimmy Carter combined.

Roll Back the Reagan Tax Cuts

Our bridges are falling apart (among other things), and its Ronald Reagan's fault. A few hours before the bridge collapsed in Minnesota, a news release landed (among hundreds) in my email inbox. It was from the right-wing "Heartland Institute" and a Minnesota conservative group calling itself...

www.commondreams.org

 

[sealybobo]

You fucking shit for brains love to instill panic and dwell in negativism.
You have absolutely zero to offer anyone that is ever uplifting
You take insidious delight in your variety of malaises.
Social security is another liberal sky is falling hoax .

You mean like when we warned people Republicans were going to make abortion illegal? Are you still lying and saying that's not your ultimate goal?

Trust me, there will come a time when both Democratic and Republican politicians tell us we have to take a 20-30% cut on our social programs in order to "save" them

My only concern is will it happen to me? I'm 52. Hopefully they only fuck over all Americans who are under 50. Plus I'll be 62 when the fund runs out of money. I should be grandfathered in.

 

[sealybobo]

You fucking shit for brains love to instill panic and dwell in negativism.
You have absolutely zero to offer anyone that is ever uplifting
You take insidious delight in your variety of malaises.
Social security is another liberal sky is falling hoax .

Suddenly you're going back to Debt Doesn't Matter? Which is it? Make up your mind.

 

[Lord Long Rod]

Reagan cut income taxes on the very rich from 70% down to 27%. Corporate tax rates were also cut so severely that they went from representing over 33% of total federal tax receipts in 1951 to less than 9% in 1983 (they're still in that neighborhood, the lowest in the industrialized world).

The result was devastating. Our government was suddenly so badly awash in red ink that Reagan doubled the tax paid only by people earning less than $40,000/year (FICA), and then began borrowing from the huge surplus this new tax was accumulating in the Social Security Trust Fund. Even with that, Reagan had to borrow more money in his 8 years than the sum total of all presidents from George Washington to Jimmy Carter combined.

Roll Back the Reagan Tax Cuts

Our bridges are falling apart (among other things), and its Ronald Reagan's fault. A few hours before the bridge collapsed in Minnesota, a news release landed (among hundreds) in my email inbox. It was from the right-wing "Heartland Institute" and a Minnesota conservative group calling itself...

www.commondreams.org

Cut spending.

 

[sealybobo]

Cut spending.

Yea yea. You've been saying that for decades. Where? What?

And we can't do it with spending cuts alone. So, either you want to undo the Trump, Bush and Reagan tax breaks to the rich and corporations, or you're going to be a good guy and pay for their tax breaks.