2025 Deficit comes in at 1.97 Trillion. This Is Way Out of Hand

[Nostra]

I am familiar with them. Apparently, you seem to be narrow minded and out of touch.


Not crying, just saying.

Please point me to where you've vetted a source.

You don’t know Factcheck is leftist, and you call me out of touch?

 

[HikerGuy83]

Not to be blunt, but I'll be dead and gone.

Yes, you made that point.

 

[Admiral Rockwell Tory]

Your story is changing, Simp.

You went from founding documents to Constitution.

Keep losing, it’s what you do best.

The ratification document is a government process. Not a founding document. Who passed that law? It's not a law. Nice try, but a failure. We have a secular government. Always have.

 

[Admiral Rockwell Tory]

Yes, you made that point.

Then why should I care other than direct my vote the best way I can?

 

[Nostra]

The ratification document is a government process. Not a founding document. Who passed that law? It's not a law. Nice try, but a failure. We have a secular government. Always have.

The Declration is a founding document, Moron.

The Constitution is based on the DOI.

You are wrong a lot, but don’t have the balls to admit it. You game is weak, and boring.

 

[Nostra]

The ratification document is a government process. Not a founding document. Who passed that law? It's not a law. Nice try, but a failure. We have a secular government. Always have.

So you are saying the document that makes the Constitution legal and binding is not a founding document? Without it, there would be no constitution.

Holy shit you are stupid when you get your ass kicked.

 

[HikerGuy83]

Old people getting $1500/mo aint going to make it on $1000/mo.

How they make it on 1500 is beyond me.

So I agree.

No way they do that.

It's a possibility. I don't think it will happen, but that is up to those in charge. And since boomers have turned out to be a greedy lot, I don't see millenials looking to bail them out.

They will find $250B or whatever?

They will borrow it. Add that to the 1 trillion in interest and our deficits only grow faster.

At some point, the whole system crashes. Everyone who looks at this agrees that we can't sustain this level of stupidity.

Again this is 5-10 years out? Nothing is concrete.

The trust fund going bust in the early 2030's has been predicted for some time. Nothing has changed that.

Another COVID and we are hosed.

Against the law to violate contract law. So there's that also.

The Surpeme Court has already ruled you don't have a "right" to social security.

Check out Flemming vs Nestor

Flemming v. Nestor - Wikipedia

en.wikipedia.org

The Court rejected that Social Security is a system of 'accrued property rights' and held that those who pay into the system have no contractual right to receive what they have paid into it.

Again, they could cut something else $250B-$500B?

There is no cutting something else. The trust fund and what comes in as S.S taxes are what are used to pay benefits. They are not paid out of the general fund. You would have to borrow and hope that the borrowing was offset.

Maybe by that time GDP has popped off the charts?.

Our debt is 120% of total GDP. That, by itself is a disaster. We are borrowing 30% of what we pay out. An increase in GDP isn't going to do that. Familiarize yourself with the numbers. They are staggering.

We've painted ourselves into a corner and it's going to be painful to get out. There is no silver bullet. In 1979, Carter said he'd fixed the system for 30 years. 18 months later, Reagan had to bail him out and raise payroll taxes. These idiots don't realize the albatross they constructed.

THX President Trump.

I voted for Trump 3 times and I have no regrets.

But Trump is not a budget hawk. He has no clue. His first three deficits steadily increased from 600 billion to nearly 1 trillion in his first term. 2025 was even worse at 1.97 trillion.

I will be watching (and posting about) fiscal 2026. We'll see if Trump is to be thanked then.

 

[HikerGuy83]

Then why should I care other than direct my vote the best way I can?

I am not saying you should.

I do, but that's me.

 

[Admiral Rockwell Tory]

The Declration is a founding document, Moron.

The Constitution is based on the DOI.

You are wrong a lot, but don’t have the balls to admit it. You game is weak, and boring.

The Declaration is NOT a law. It founded nothing really.

The Constitution is not based on it. Wherever did you get such a silly idea?

Thomas Jefferson wrote the Declaration in 1776 as a member of the Continental Congress. It set up no form of government at all.

James Madison primarily wrote the Constitution in 1787 and he was a member of the convention. Jefferson was in France at the time. We already had a government under the Articles of Confederation. Do you often reference the Articles of Confederation as a founding document? You will also note an 11 year difference in time! It took another year and a half to get ratified and enacted.

Your game is nonexistent, based on your ignorance. Did you ever take a civic or government class?

This free lesson provided by yours truly.

BTW, it's spelled "declaration".

 

[Admiral Rockwell Tory]

I am not saying you should.

I do, but that's me.

You are also a hell of a lot younger than me.

 

[HikerGuy83]

You are also a hell of a lot younger than me.

Uh.....I doubt that.

I have grandkids.

 

[Admiral Rockwell Tory]

So you are saying the document that makes the Constitution legal and binding is not a founding document? Without it, there would be no constitution.

Holy shit you are stupid when you get your ass kicked.

It is not part of the Constitution, dumbass. Your zealous denial is evidence you are clueless.

 

[Nostra]

The Declaration is NOT a law. It founded nothing really.

The Constitution is not based on it. Wherever did you get such a silly idea?

Thomas Jefferson wrote the Declaration in 1776 as a member of the Continental Congress. It set up no form of government at all.

James Madison primarily wrote the Constitution in 1787 and he was a member of the convention. Jefferson was in France at the time. We already had a government under the Articles of Confederation. Do you often reference the Articles of Confederation as a founding document? You will also note an 11 year difference in time! It took another year and a half to get ratified and enacted.

Your game is nonexistent, based on your ignorance. Did you ever take a civic or government class?

This free lesson provided by yours truly.

BTW, it's spelled "declaration".

Once again you prove you are too lazy to read the links provided. You just humiliated yourself again, Simp.

 

[Nostra]

It is not part of the Constitution, dumbass. Your zealous denial is evidence you are clueless.

Without that founding document, the Constitution wouldn’t be legal and binding. So it actually founded the country, if you want to get technical.

Next?

 

[Nostra]

It is not part of the Constitution, dumbass. Your zealous denial is evidence you are clueless.

Learn to read. I never said it was part of the Constitution. I said it made the Constitution legal and binding. So that document actually formed the country, legally.

 

[Admiral Rockwell Tory]

Once again you prove you are too lazy to read the links provided. You just humiliated yourself again, Simp.

Why can't you show where I am wrong? Could it be that you are incorrect and constantly deflecting from your own ignorance? How is the Declaration Of independence anyway related to the Constitution? You can't even come up with a statement disagreeing with what I said. ******* amateurs!

 

[Admiral Rockwell Tory]

Learn to read. I never said it was part of the Constitution. I said it made the Constitution legal and binding. So that document actually formed the country, legally.

Who signed it?

 

[leftwinger]

those who pay into the system have no contractual right to receive what they have paid into it.

Great post BTW. Very clear!

OK understood. If you die your heirs cannot demand your balance?

My point was SS is a contract to pay you X dollars per month. Did USSC rule they don't even have to pay you if you are living?

Note: they are paying Welfare, SECT 8, illegals hotels, housing, transportation, Healthcare, schooling but under no contract to continue?

Instead of borrowing, shift something else over.

"Means test" gulp! The payback? Anyone with $1million in an IRA gets nothing? Anyone with no mortgage gets nothing?

Just asking. Many people worked 50-60 years, paying into that fund.

 

[HikerGuy83]

Did they rule they dont even have to pay that as you are living?

Yes. Nestor was alive and paid into S.S. for 19 years. He was deported for being a communist (and his benefits terminated) and the court said "Tough s**t". He claimed they were property. The court said they were not.

They are paying Welfare, SECT 8, illegals hotels, housing, transportation, Healthcare, schooling but under no contract?

Oh...I know. It's disgusting what people get for welfare. I've been watching videos of people talking about SNAP.

Instead of borrowing shift something else over.

My guess is that it would be a combination of things.

But if they borrow, the people who are not retired are going to be saddled with that addition to the deficit.

As I said.....sooner or later the whole system crashes. This would just accelerate that.

"Means test" gulp! The payback? Anyone with $1million in an IRA gets nothing? Anyone with no mortgage gets nothing?

Just asking.

First, you lift the cap....at least partially to get more revenue.

Next is means testing. 1 million.....? Probably not. 5 million.....probably. There would likely be crappy formulas.

I think we start lifting the cap now.

Then we hammer people (including the elderly) for fraud.

Then we stop paying out other stuff. The whole actuarial system assumed a certain number of people wouold never get it. That was the basis for the taxes. Now, congress says that if you paid in and die, your wife and kids get your benefits. That's not built in....hence the deficit in SS.

Finally, you should understand that S.S. was supposed to help the poor. It doesn't. If they made low money, they get low benefits. If you made very good money (and probably saved some) you get the max allowable. Seems a little off to me.

 

[leftwinger]

Maybe start a Billionaires GOFUNDME to donate the missing SS prediction annually in JAN?

Or a new line on the Tax forms? Would you like to save SS for the old folks? Check this box. Fill in your amount? $1B minimum? Lol!

There are Trillionaire companies out there also. $10B here there won't kill them? If they want to keep things going?

But only if the GOVT cleans up the rest of its BS. Like giving money to a junkie.

Just thinking outside the box.