Finally, A President Willing To Cut Off Boomers' Social Security And Medicare Charity

[Moonglow]

President Donald Trump on Saturday afternoon openly vowed to permanently "terminate" the funding mechanism for both Social Security and Medicare if reelected in November.

The Trump campaign was apparently so satisfied with the public acknowledgement of the president's promise to make the payroll tax permanent—a move that would inherently bankrupt the Social Security system—that it clipped the portion of the press conference and shared on social media immediately after it concluded.

Getting Baby Boomers off the federal dole will be the greatest accomplishment by any U.S. president of the past 100 years.

Workers can now spend the money the government had held for their retirement from the first day of their employment. Waiting until later years to begin saving for one's old age is a much more viable system, since everyone will be diligent in this effort.

President Donald Trump on Saturday afternoon openly vowed to permanently "terminate" the funding mechanism for both Social Security and Medicare if reelected in November.

The Trump campaign was apparently so satisfied with the public acknowledgement of the president's promise to make the payroll tax permanent—a move that would inherently bankrupt the Social Security system—that it clipped the portion of the press conference and shared on social media immediately after it concluded.

Getting Baby Boomers off the federal dole will be the greatest accomplishment by any U.S. president of the past 100 years.

Workers can now spend the money the government had held for their retirement from the first day of their employment. Waiting until later years to begin saving for one's old age is a much more viable system, since everyone will be diligent in this effort.

Where the hell were ya when Obama cut off SocSec/Medicare income stream during HIS recession?? I doubt you were complaining.. Sure it's a BAD IDEA... In Obama's case -- it caused the SS/Med income stream to go NEGATIVE INTO THE RED about 7 years before projections... And since then has remained a FACT that it's dead broke...

All ya have here is ignorant hypocrisy and maybe cluelessness... If it's a BAD IDEA -- it's ALWAYS a bad idea.. And prior to Trump -- the Dems saw this as THE ONLY WAY to give tax breaks to the 40% of filers who PAY no Federal Income tax...

The only difference is that Oblama and Congress did the reduction, Trump can't do it without Congress doing it also.

 

[lennypartiv]

He said if reelected he would make his temporary end of FICA deductions permanent. No amount of right-winger denial of reality can change that.

So now you liberals will resort to lies about Coronavirus to defeat Trump.

 

[Vandalshandle]

President Donald Trump on Saturday afternoon openly vowed to permanently "terminate" the funding mechanism for both Social Security and Medicare if reelected in November.

The Trump campaign was apparently so satisfied with the public acknowledgement of the president's promise to make the payroll tax permanent—a move that would inherently bankrupt the Social Security system—that it clipped the portion of the press conference and shared on social media immediately after it concluded.

Getting Baby Boomers off the federal dole will be the greatest accomplishment by any U.S. president of the past 100 years.

Workers can now spend the money the government had held for their retirement from the first day of their employment. Waiting until later years to begin saving for one's old age is a much more viable system, since everyone will be diligent in this effort.

So, you are telling me that the money that I have been paying in to Medicare and SS since 1959 is not mine, and that I am just on a "dole".

 

[lennypartiv]

So, you are telling me that the money that I have been paying in to Medicare and SS since 1959 is not mine, and that I am just on a "dole".

You are a liberal Democrat, of course you are on the dole.

 

[Lakhota]

TRUMP ‘RELIEF’ DEFUNDS SOCIAL SECURITY AND MEDICARE!

Another nail in Trump's political coffin. President Biden will reverse all this carnage.

 

[lennypartiv]

TRUMP ‘RELIEF’ DEFUNDS SOCIAL SECURITY AND MEDICARE!

Another nail in Trump's political coffin. President Biden will reverse all this carnage.

Being fiscally responsible is the common sense way to go. We need to end wasteful programs like Medicare and Social Security.

 

[g5000]

Show me where I made any claim about my johnson, fuckwit.

Is that the best you can do when the OP is shattered?

Sad.

Speaking of claims, the topic title and the OP are both horseshit.

First of all I agree totally with your last sentence. It's an absolute shit bomb of trolling.

But sadly, when you reference that really tired worn out meme about Trump's "little hands" you
turn the magnifying glass on yourself and comparisons can't help but be made.
And people are free to speculate on your dong size like you are doing with Trump.
And we know how the self conscious love to speculate about others, bringing them down
to size, so to speak.

So sorry if you were upset but you went down that road yourself. I haven't even heard a whisper about
little hands in the last four years until you went there.

So grow up...and I mean that literally.

Watch the video.

"...and make permanent CUTS to the payroll tax."

Cut. Not terminate.

 

[JustAnotherNut]

A 9 second sound byte taken out of context.....and everyone blows their minds.



Try watching the whole video.......even though he talks too much and bounces back & forth.....at about the 12:45 mark is where he starts talking about cutting SOME payroll taxes of those making less than $100,000 and a few minutes later say's 'if he's elected' he'd TRY to make them permanent, but wasn't sure. And IIRC, somewhere in there he mentioned expanding some taxes on those making over $100.000

 

[Lakhota]

TRUMP ‘RELIEF’ DEFUNDS SOCIAL SECURITY AND MEDICARE!

Another nail in Trump's political coffin. President Biden will reverse all this carnage.

Being fiscally responsible is the common sense way to go. We need to end wasteful programs like Medicare and Social Security.

Who do you think pays for Social Security and Medicare? Social Security is the largest holder of U.S. debt.

 

[BluesLegend]

End the EPA, Department of Education, National Endowment for the Arts, National Endowment for the Humanities, HeadStart. There are dozens of useless agencies that will go first.

Defund the DOE. Defund the NEA. Defund the NEH. Plenty of worthy 'defund' things to fight for.

 

[flacaltenn]

President Donald Trump on Saturday afternoon openly vowed to permanently "terminate" the funding mechanism for both Social Security and Medicare if reelected in November.

The Trump campaign was apparently so satisfied with the public acknowledgement of the president's promise to make the payroll tax permanent—a move that would inherently bankrupt the Social Security system—that it clipped the portion of the press conference and shared on social media immediately after it concluded.

Getting Baby Boomers off the federal dole will be the greatest accomplishment by any U.S. president of the past 100 years.

Workers can now spend the money the government had held for their retirement from the first day of their employment. Waiting until later years to begin saving for one's old age is a much more viable system, since everyone will be diligent in this effort.

President Donald Trump on Saturday afternoon openly vowed to permanently "terminate" the funding mechanism for both Social Security and Medicare if reelected in November.

The Trump campaign was apparently so satisfied with the public acknowledgement of the president's promise to make the payroll tax permanent—a move that would inherently bankrupt the Social Security system—that it clipped the portion of the press conference and shared on social media immediately after it concluded.

Getting Baby Boomers off the federal dole will be the greatest accomplishment by any U.S. president of the past 100 years.

Workers can now spend the money the government had held for their retirement from the first day of their employment. Waiting until later years to begin saving for one's old age is a much more viable system, since everyone will be diligent in this effort.

Where the hell were ya when Obama cut off SocSec/Medicare income stream during HIS recession?? I doubt you were complaining.. Sure it's a BAD IDEA... In Obama's case -- it caused the SS/Med income stream to go NEGATIVE INTO THE RED about 7 years before projections... And since then has remained a FACT that it's dead broke...

All ya have here is ignorant hypocrisy and maybe cluelessness... If it's a BAD IDEA -- it's ALWAYS a bad idea.. And prior to Trump -- the Dems saw this as THE ONLY WAY to give tax breaks to the 40% of filers who PAY no Federal Income tax...

The only difference is that Oblama and Congress did the reduction, Trump can't do it without Congress doing it also.

It's still WRONG... And just a bit wronger when it's attempted by Exec order.. That's some bad advice he's getting from somewhere.. He may be the Administration chief for those programs, but that's TAX policy... Clearly -- it's not gonna fly that way...


HOWEVER -- The Dems have PROPOSED THIS in negotiations on CV relief before.. They've just changed their minds to be difficult because TRUMP wants to take the credit for it just as he did when he INSISTED HIS SIGNATURE be on all the CV checks that were sent out...

 

[flacaltenn]

TRUMP ‘RELIEF’ DEFUNDS SOCIAL SECURITY AND MEDICARE!

Another nail in Trump's political coffin. President Biden will reverse all this carnage.

Being fiscally responsible is the common sense way to go. We need to end wasteful programs like Medicare and Social Security.

Who do you think pays for Social Security and Medicare? Social Security is the largest holder of U.S. debt.

Social Security DOES NOT HOLD any US debt... The Treasury issues NEW DEBT when SS runs short.. The money they stole didn't buy a bond --they SPENT it and issued an IOU for FUTURE DEBT to issued. So taxpayers are paying TWICE for the money they stole and spent..

Too damn complicated for you... You'll never get to outrage over any of this because you don't KNOW how the crime was committed.. But the Trust Fund has NOTHING IN IT that can PAY SS/Medicare checks....

 

[Lakhota]

TRUMP ‘RELIEF’ DEFUNDS SOCIAL SECURITY AND MEDICARE!

Another nail in Trump's political coffin. President Biden will reverse all this carnage.

Being fiscally responsible is the common sense way to go. We need to end wasteful programs like Medicare and Social Security.

Who do you think pays for Social Security and Medicare? Social Security is the largest holder of U.S. debt.

Social Security DOES NOT HOLD any US debt... The Treasury issues NEW DEBT when SS runs short.. The money they stole didn't buy a bond --they SPENT it and issued an IOU for FUTURE DEBT to issued. So taxpayers are paying TWICE for the money they stole and spent..

Too damn complicated for you... You'll never get to outrage over any of this because you don't KNOW how the crime was committed.. But the Trust Fund has NOTHING IN IT that can PAY SS/Medicare checks....

Really...? Is the following too damn complicated for you...?

The U.S. debt was $26 trillion as of July 25, 2020. Most headlines focus on how much the United States owes China, one of the largest foreign owners. What many people don’t know is that the Social Security Trust Fund, also known as your retirement money, owns most of the national debt. How does that work and what does it mean?

Which agencies own the most Treasurys? Social Security, by a long shot.

The U.S. Treasury publishes this in the Monthly Treasury Statement.3 The most recent data is from June 2020. Here's the breakdown:

• The Social Security Trust Fund and Federal Disability Insurance Trust Fund: $2.93 trillion
• Office of Personnel Management Retirement: $929 billion
• Military Retirement Fund: $913 billion. This has become a big issue infunding our nation's defense and is only expected to grow.
• Medicare, which includes the Federal Hospital Insurance Trust Fund and the Federal Supplementary Medical Insurance Trust Fund: $226 billion
• All other retirement funds: $253 billion
• Cash on hand to fund federal government operations: $671 billion

Many people believe that much of U.S. debt is owed to foreign countries like China and Japan. The truth is, most of it is owed to Social Security and pension funds. This means U.S. citizens, through their retirement money, own most of the national debt.

U.S. national debt is the sum of these two federal debt categories:

• Public debt (held by other countries, the Federal Reserve, mutual funds, and other entities and individuals)
• Intragovernmental holdings (held by Social Security, Military Retirement Fund, Medicare, and other retirement funds)

Who Owns the US National Debt?

The majority of the U.S. national debt is owned by Social Security, the Federal Reserve, and foreign investors. Learn how that impacts the economy and you.

www.thebalance.com

 

[BertramN]

TRUMP ‘RELIEF’ DEFUNDS SOCIAL SECURITY AND MEDICARE!

Another nail in Trump's political coffin. President Biden will reverse all this carnage.

Being fiscally responsible is the common sense way to go. We need to end wasteful programs like Medicare and Social Security.

Who do you think pays for Social Security and Medicare? Social Security is the largest holder of U.S. debt.

Social Security DOES NOT HOLD any US debt... The Treasury issues NEW DEBT when SS runs short.. The money they stole didn't buy a bond --they SPENT it and issued an IOU for FUTURE DEBT to issued. So taxpayers are paying TWICE for the money they stole and spent..

Too damn complicated for you... You'll never get to outrage over any of this because you don't KNOW how the crime was committed.. But the Trust Fund has NOTHING IN IT that can PAY SS/Medicare checks....

Really...? Is the following too damn complicated for you...?

The U.S. debt was $26 trillion as of July 25, 2020. Most headlines focus on how much the United States owes China, one of the largest foreign owners. What many people don’t know is that the Social Security Trust Fund, also known as your retirement money, owns most of the national debt. How does that work and what does it mean?

Who Owns the US National Debt?

The majority of the U.S. national debt is owned by Social Security, the Federal Reserve, and foreign investors. Learn how that impacts the economy and you.

www.thebalance.com

With the king of bankruptcy as POTUS, U.S. creditors will soon be forced to go whistle for their money.

 

[Lakhota]

TRUMP ‘RELIEF’ DEFUNDS SOCIAL SECURITY AND MEDICARE!

Another nail in Trump's political coffin. President Biden will reverse all this carnage.

Being fiscally responsible is the common sense way to go. We need to end wasteful programs like Medicare and Social Security.

Who do you think pays for Social Security and Medicare? Social Security is the largest holder of U.S. debt.

Social Security DOES NOT HOLD any US debt... The Treasury issues NEW DEBT when SS runs short.. The money they stole didn't buy a bond --they SPENT it and issued an IOU for FUTURE DEBT to issued. So taxpayers are paying TWICE for the money they stole and spent..

Too damn complicated for you... You'll never get to outrage over any of this because you don't KNOW how the crime was committed.. But the Trust Fund has NOTHING IN IT that can PAY SS/Medicare checks....

Really...? Is the following too damn complicated for you...?

The U.S. debt was $26 trillion as of July 25, 2020. Most headlines focus on how much the United States owes China, one of the largest foreign owners. What many people don’t know is that the Social Security Trust Fund, also known as your retirement money, owns most of the national debt. How does that work and what does it mean?

Who Owns the US National Debt?

The majority of the U.S. national debt is owned by Social Security, the Federal Reserve, and foreign investors. Learn how that impacts the economy and you.

www.thebalance.com

With the king of bankruptcy as POTUS, U.S. creditors will soon be forced to go whistle for their money.

Maybe. Why did you give such an important topic such a stupid thread title?

 

[EvilCat Breath]

End the EPA, Department of Education, National Endowment for the Arts, National Endowment for the Humanities, HeadStart. There are dozens of useless agencies that will go first.

Defund the DOE. Defund the NEA. Defund the NEH. Plenty of worthy 'defund' things to fight for.

Communist democrats have been telling the same old trope about social security and Medicare every election since Nixon. They just aren't worth the attention anymore. Discussing it is only an excuse for them to repeat the same old arguments.

 

[Daryl Hunt]

End the EPA, Department of Education, National Endowment for the Arts, National Endowment for the Humanities, HeadStart. There are dozens of useless agencies that will go first.

Defund the DOE. Defund the NEA. Defund the NEH. Plenty of worthy 'defund' things to fight for.

Communist democrats have been telling the same old trope about social security and Medicare every election since Nixon. They just aren't worth the attention anymore. Discussing it is only an excuse for them to repeat the same old arguments.

And since the John Birch Society started the routine you are still playing by anyone that they could not control it wore out it's welcome. It wasn't true then and it's not true now. You win an award.

 

[BertramN]

Why did you give such an important topic such a stupid thread title?
[/QUOTE]
.
It's a grabber, and portrays Social Security and Medicare as entitlement programs, which is a consistent claim made by right-wingers and many centrists. There are examples from right-wingers responding in this thread. One of them refers to SS and Medicare as government give-aways. (Perhaps the quote isn't perfect, but it was the message in their response.)

Most of the impeached president trump's devoted fanatics respond to the thread title rather than read the OP and accompanying article. So why not pull their legs, they rarely, if ever, rely on facts to debate the issue, and are quick to deny facts staring them in the face.

In the accompanying video placed in the OP and several additional posts throughout the thread, the impeached president trump clearly states the temporary FICA payroll deductions will become permanent if he is reelected. Either the right-wingers refused to view the video and out of habit, denied what he said, or, they watched and heard him, but denied it because it was stupid for him to say it.

.

.

 

[BluesLegend]

Communist democrats have been telling the same old trope about social security and Medicare every election since Nixon.

The thieving Government would be the last group I'd hire to manage OUR money. I have been paying into these government retirement promises for 40 years but government stole all MY money and spent it on other crap nothing to do with social security and Medicare. Every last freaking dime of MY money is gone, spent, WTF government. How are they going to pay me MY money back hold a bake sale? Here's the answer, they are going to CUT the benefits they promised me and raise my taxes forcing me to pay the freaking money a 2nd time.

Any money manager in the private sector who stole all OUR money like government has done would be sitting in prison.

 

[debbiedowner]

Has anyone in this thread thought of reading his memorandum on the payroll tax cut? Not E & O and it's a deferral until Dec 31st, deferral meaning it will have to be paid back. Helps very few except employer's and maybe the self employed. Yes, he wants to make them permanent. It's just a proposal.

Read very careful the you decide if this is going to happen.

Memorandum on Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster | The White House

MEMORANDUM FOR THE SECRETARY OF THE TREASURY SUBJECT: Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster By the authority veste

www.whitehouse.gov

The Winners And Losers Of Trumpâs Payroll Tax Cut Proposal

In a Sunday night interview, President Donald Trump said he won’t approve another stimulus package if it doesn’t include a payroll tax cut for workers. Who wins and who loses from this proposal?

www.forbes.com