healthmyths
Platinum Member
- Sep 19, 2011
- 29,358
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From 2001 to 2011 the US revenue was reduced by over $2.4 trillion.
Not because of Bush tax cuts.
Not because businesses went offshore.
In addition Social Security/Medicare taxes were reduced dramatically at the same time.
So what happened to the nearly $3 trillion in lost revenue in those ensuing years?
ONE fact that evidently MANY people that hate corporations, those evil business owners, the greedy wealthy don't know and I am sure it sounds stupid, but it is true.
The FACT is most people don't know that the social security/medicare payments deducted from their paychecks.... ARE MATCHED by the employer!
It is true! And I am absolutely confident by the comments made on this forum that a majority of the business-hating, corporate-bashing people don't know this!
If they knew that in 2011 of the $818 billion reported by the Federal government as revenue received from social security/medicare deductions was made up of less then half from the employees and more then half from the employers!
I kid you not! Almost ALL the OWS don't know this and I am sure most of you on this forum that bash businesses don't know it!
Now the importance of this is, what would the Federal Government do if there were reductions in the $818 billion a year in social security/Medicare which by the way goes into the general fund, mixed with other revenue and counted as general revenue.
Why then does Obama and his ilk proudly say:
"I'm in favor of single payer health system"? Does he not know $100 billion a year in
Federal taxes, state taxes, local taxes property taxes AND social security /Medicare contributions come from these 1,300 employer businesses?
Or does he NOT know that when he says:
"So, if somebody wants to build a coal[electric utility] plant, they can its just that it will bankrupt them,!"
Again, does he realize that going bankrupt will mean losing tax revenue, employees losing jobs, and reduced social security/medicare payments as well as FUTA and increasing outgoing unemployment checks?
Why would ANYONE much less the President WISH and desire such outcomes ?
So in addition to the $2.4 trillion over the last 10 years lost due to events beyond yes dare I say it! Even the Messiah Obama's control..
1) $5 trillion dot com bust - the losses being written off every year against income tax!
2) $2 trillion (anyone remember 9/11??) Airlines stopped 3 days, WS closed 10 days.
And the aftermath were as this web page DRAMATIC changes in Life in the USA!
For some examples look at this web site:
Television coverage of the terrorist attacks and their aftermath was the longest uninterrupted news event in the history of U.S. television. It lasted for 93 hours, day and night. After 9/11, a collection of movies were cancelled that were in production, and many movies were edited. The most common way of editing was to delete or obscure shots of the World Trade Center. In all, roughly 45 films were edited or postponed because of the terrorist attacks. Some of these include Spider-Man, Zoolander, Men in Black II, The Bourne Identity, and The Incredibles.
Stellar Wind is the open secret code name for a collection of activities performed by the United States National Security Agency in the wake of 9/11 and revealed by Thomas M. Tamm. The operation was approved by President George W. Bush. The programs activities involve data mining a large database of the communications of American citizens, including e-mail conversations, phone calls, financial transactions, and Internet activity.
Top 10 U.S. Government Changes Since 9/11 | Top 10 Lists | TopTenz.net
These are just TWO of the top ten CHANGES in the USA due to 9/11.
3) $1 trillion in written off losses due to the WORST Hurricane SEASONS in history!
The worst Katrina?? made landfall in Louisiana as a Category 3 in 2005. It took 1,836 lives and caused $81.2 billion in damages. Andrew slammed into South Florida in 1992 as a Category 5. It caused 40 deaths and $30 billion in property damage. More than 250,000 people were left homeless and 82,000 businesses were destroyed or damaged.
NOW you idiots that keep calling Bush a drunken sailor spendthrift!
YOU idiots that don't seem to remember the above 3 events events that could have happened to a Democrat President and then how sympathetic would you have been?
NO that's the point here...
The point is WHY is it So hard to understand the tremendous HIT our economy took and Federal revenue decline due to these events? Forget the housing crisis it just was a minor contributor!
NO the point is YOU people evidently have NO idea how social security/Medicare works much less WHO pays for it! Yet to scream and hollar how bad evil wealthy,corporate,business owners are including our idiot President!
YOU people are the idiots that have caused these problems to be worse then they had to be!
Because you politicized them! You divided the country! You made it a Dem/GOP..Liberal/Conservative!
When all you had to do was have a little understanding and shut the f...k UP!
Not because of Bush tax cuts.
Not because businesses went offshore.
In addition Social Security/Medicare taxes were reduced dramatically at the same time.
So what happened to the nearly $3 trillion in lost revenue in those ensuing years?
ONE fact that evidently MANY people that hate corporations, those evil business owners, the greedy wealthy don't know and I am sure it sounds stupid, but it is true.
The FACT is most people don't know that the social security/medicare payments deducted from their paychecks.... ARE MATCHED by the employer!
It is true! And I am absolutely confident by the comments made on this forum that a majority of the business-hating, corporate-bashing people don't know this!
If they knew that in 2011 of the $818 billion reported by the Federal government as revenue received from social security/medicare deductions was made up of less then half from the employees and more then half from the employers!
I kid you not! Almost ALL the OWS don't know this and I am sure most of you on this forum that bash businesses don't know it!
Now the importance of this is, what would the Federal Government do if there were reductions in the $818 billion a year in social security/Medicare which by the way goes into the general fund, mixed with other revenue and counted as general revenue.
Why then does Obama and his ilk proudly say:
"I'm in favor of single payer health system"? Does he not know $100 billion a year in
Federal taxes, state taxes, local taxes property taxes AND social security /Medicare contributions come from these 1,300 employer businesses?
Or does he NOT know that when he says:
"So, if somebody wants to build a coal[electric utility] plant, they can its just that it will bankrupt them,!"
Again, does he realize that going bankrupt will mean losing tax revenue, employees losing jobs, and reduced social security/medicare payments as well as FUTA and increasing outgoing unemployment checks?
Why would ANYONE much less the President WISH and desire such outcomes ?
So in addition to the $2.4 trillion over the last 10 years lost due to events beyond yes dare I say it! Even the Messiah Obama's control..
1) $5 trillion dot com bust - the losses being written off every year against income tax!
2) $2 trillion (anyone remember 9/11??) Airlines stopped 3 days, WS closed 10 days.
And the aftermath were as this web page DRAMATIC changes in Life in the USA!
For some examples look at this web site:
Television coverage of the terrorist attacks and their aftermath was the longest uninterrupted news event in the history of U.S. television. It lasted for 93 hours, day and night. After 9/11, a collection of movies were cancelled that were in production, and many movies were edited. The most common way of editing was to delete or obscure shots of the World Trade Center. In all, roughly 45 films were edited or postponed because of the terrorist attacks. Some of these include Spider-Man, Zoolander, Men in Black II, The Bourne Identity, and The Incredibles.
Stellar Wind is the open secret code name for a collection of activities performed by the United States National Security Agency in the wake of 9/11 and revealed by Thomas M. Tamm. The operation was approved by President George W. Bush. The programs activities involve data mining a large database of the communications of American citizens, including e-mail conversations, phone calls, financial transactions, and Internet activity.
Top 10 U.S. Government Changes Since 9/11 | Top 10 Lists | TopTenz.net
These are just TWO of the top ten CHANGES in the USA due to 9/11.
3) $1 trillion in written off losses due to the WORST Hurricane SEASONS in history!
The worst Katrina?? made landfall in Louisiana as a Category 3 in 2005. It took 1,836 lives and caused $81.2 billion in damages. Andrew slammed into South Florida in 1992 as a Category 5. It caused 40 deaths and $30 billion in property damage. More than 250,000 people were left homeless and 82,000 businesses were destroyed or damaged.
NOW you idiots that keep calling Bush a drunken sailor spendthrift!
YOU idiots that don't seem to remember the above 3 events events that could have happened to a Democrat President and then how sympathetic would you have been?
NO that's the point here...
The point is WHY is it So hard to understand the tremendous HIT our economy took and Federal revenue decline due to these events? Forget the housing crisis it just was a minor contributor!
NO the point is YOU people evidently have NO idea how social security/Medicare works much less WHO pays for it! Yet to scream and hollar how bad evil wealthy,corporate,business owners are including our idiot President!
YOU people are the idiots that have caused these problems to be worse then they had to be!
Because you politicized them! You divided the country! You made it a Dem/GOP..Liberal/Conservative!
When all you had to do was have a little understanding and shut the f...k UP!