Social Security Will Be Insolvent in 10 Years

[Toddsterpatriot]

No, read my last post. As far as abortion, you can't expect single women living in this society to opt to become mothers when there's hardly any support for them. If you care about fetuses in other people's uteruses, you also have to care for the woman who is carrying the fetus and the fetus once it's born and becomes a member of the community. If we're going to use the heavy hand of government to force women to remain pregnant for nine months then we can't defund the government programs that provide single mothers with housing assistance, SNAP, Medicaid, job training, child daycare, school lunches, afterschool programs..etc.

Force? LOL!

 

[TruthNotBS]

Not if you’ve unleashed the economy to the point that it creates enough capital to cover the debt.

You can't create much capital without capital. Taking money out of the economy always results in a recession.

 

[RoshawnMarkwees]

You can't create much capital without capital. Taking money out of the economy always results in a recession.

Energy is incredible capital.

 

[Toddsterpatriot]

You can't create much capital without capital. Taking money out of the economy always results in a recession.

Cutting stupid government spending doesn't "take money out of the economy".

 

[TruthNotBS]

No sir, because as long as production meets the demand, Grandpa and Grandma will receive their SS.

Ony if you pay benefits out of general funds.

Not necessarily provided production meets the demand. The government doesn't need taxes to spend, provided production meets the demand. The US Federal Government's budgetary limits are set by GDP not how much money it's received in taxes. Taxes are important, and I don't want to give the false impression that the government doesn't need taxes, but the FED isn't constrained by taxes in its spending. It can print money beyond what it receives in taxes provided production can meet the demand. Allocating funds for infrastructural development is very important and essentially anything that contributes to expanding GDP.

 

[RoshawnMarkwees]

Not necessarily provided production meets the demand. The government doesn't need taxes to spend, provided production meets the demand. The US Federal Government's budgetary limits are set by GDP not how much money it's received in taxes. Taxes are important, and I don't want to give the false impression that the government doesn't need taxes, but the FED isn't constrained by taxes in its spending. It can print money beyond what it receives in taxes provided production can meet the demand. Allocating funds for infrastructural development is very important and essentially anything that contributes to expanding GDP.

Printing money doesn’t increase capital.

 

[TruthNotBS]

Energy is incredible capital.

Energy without money in capitalism is social unrest, getting mugged at knife point. There has to be capital and whenever the government balances its budget, there's a recession. The private sector suffers when the government limits its spending as the Republicans are constantly demanding that it must for some silly reason like "That's Communism". No that's allowing capitalism to function properly.

 

[TruthNotBS]

Printing money doesn’t increase capital.

Printing money and allocating it properly ensures that there is capital. Without that infrastructure or those programs, capitalism crumbles. The invisible hand of the "free market", doesn't have any scruples, it's brutal to the point of causing social unrest and a collapse of the market. Projected market adjustments can cause havoc, undermining employment, housing..etc. The invisible hand is like King Kong or Godzilla, it's the inconsiderate chaos of the market.

 

[Toddsterpatriot]

Not necessarily provided production meets the demand. The government doesn't need taxes to spend, provided production meets the demand. The US Federal Government's budgetary limits are set by GDP not how much money it's received in taxes. Taxes are important, and I don't want to give the false impression that the government doesn't need taxes, but the FED isn't constrained by taxes in its spending. It can print money beyond what it receives in taxes provided production can meet the demand. Allocating funds for infrastructural development is very important and essentially anything that contributes to expanding GDP.

Printing money. Great idea. DURR

 

[Toddsterpatriot]

Printing money and allocating it properly ensures that there is capital. Without that infrastructure or those programs, capitalism crumbles. The invisible hand of the "free market", doesn't have any scruples, it's brutal to the point of causing social unrest and a collapse of the market. Projected market adjustments can cause havoc, undermining employment, housing..etc. The invisible hand is like King Kong or Godzilla, it's the inconsiderate chaos of the market.

We could cut 40% of government spending until we hit "properly allocated" and
you think we should print to spend more?

Hilarious!!!

 

[TruthNotBS]

Force? LOL!

Forced by necessity. Definitely. Advanced automation, with its AI, will eventually, sooner or later (perhaps sooner than later), force society by necessity to adopt a non-profit-based, centrally planned, democratic, and socialized system of mass production. The alternative is techno-feudalism, where the current wealthy elites own all of the robots, , factories, I'll call it "The Means Of Mass-Production" and the working class (94% of the population), become even poorer than they are now living off of a government check:

​

That's slavery and I doubt most people will accept that "arrangement". We all must own the robots together, the technology belongs to everybody, as a community, rather than owned by a small, socioeconomic class that is less than 6% of the population. Capitalism can't function without paying consumers. The whole structure of market capitalism is based on wages. Eliminate jobs and you shrink the market, to the point that it's not worth investing in or able to function. You need customers and your customers need to be paid a wage. They spend money in your store or eating at your restaurant, with their wages.

The whole edifice of market capitalism crumbles with advanced, intelligent automation. This won't happen overnight, but it will eventually. It's inevitable, provided technology continues to advance.

 

[TruthNotBS]

Printing money. Great idea. DURR

Yeah printing money and allocating it properly is indeed a great idea.

 

[TruthNotBS]

We could cut 40% of government spending until we hit "properly allocated" and
you think we should print to spend more?

Hilarious!!!

We shouldn't cut a dime of spending if it will in any way negatively affect the public. Spending for the public good always contributes to the nation's prosperity, success, and security. We should never cut spending unnecessarily or when it undermines the public good, to please conservative Republicans who hate the government doing anything for the working class. The average Joe American. These right-wing conservatives will spend trillions fighting wars, filling the coffers of the military-industrial complex and DOD, they will spend billions paying their wealthy donors yearly subsidies:

RANK	PARENT	SUBSIDY VALUE.	NUMBER OF AWARDS
1	Boeing	$15,388,954,161	952
2	Intel	$8,355,503,416	127
3	Ford Motor	$7,718,954,966	684
4	General Motors	$7,494,705,750	783
5	Micron Technology	$6,786,681,915	19
6	Alcoa	$5,727,691,764	134
7	Cheniere Energy	$5,617,152,523	43
8	Amazon.com	$5,532,086,473	433
9	Foxconn Technology Group (Hon Hai Precision Industry Company)	$4,820,110,112	74
10	Texas Instruments	$4,286,328,869	69
11	Volkswagen	$3,880,517,317	209
12	Sempra Energy	$3,828,022,782	51
13	NRG Energy	$3,405,383,876	264
14	Venture Global LNG	$3,285,883,566	6
15	NextEra Energy	$3,008,691,129	116
16	Sasol	$2,836,049,845	72
17	Tesla Inc.	$2,829,855,494	114
18	Stellantis	$2,795,436,436	213
19	Nucor	$2,518,064,340	171
20	Walt Disney	$2,483,328,762	255
21	SkyWest	$2,418,120,282	981
22	Iberdrola	$2,380,537,196	109
23	Toyota	$2,304,226,689	237
24	Shell PLC	$2,210,816,246	131
25	Samsung	$2,178,196,443	83
26	Oracle	$2,167,890,528	90
27	Mubadala Investment Company	$2,124,035,097	62
28	Nike	$2,104,917,829	153
29	Hyundai Motor	$2,048,610,159	17
30	Alphabet Inc.	$2,010,825,527	124
31	Brookfield Asset Management	$1,968,826,437	231
32	Meta Platforms Inc.	$1,963,051,772	61
33	Exxon Mobil	$1,906,554,975	227
34	Paramount Global	$1,845,796,313	332
35	Nissan	$1,842,814,165	98
36	Apple Inc.	$1,833,837,442	61
37	Comcast	$1,827,808,120	390
38	Berkshire Hathaway	$1,821,579,761	1,190
39	Summit Power	$1,783,593,414	6
40	General Electric	$1,737,066,990	994
41	Air Products & Chemicals	$1,726,928,435	87
42	Cleveland-Cliffs	$1,705,497,604	129
43	Southern Company	$1,694,958,172	45
44	Energy Transfer	$1,680,763,748	155
45	JPMorgan Chase	$1,663,593,063	1,147
46	Vornado Realty Trust	$1,623,857,336	33
47	Duke Energy	$1,580,417,759	86
48	Wolfspeed Inc.	$1,560,125,015	63
49	Rivian Automotive Inc.	$1,532,854,012	3
50	IBM Corp.	$1,495,438,545	367
51	General Atomics	$1,476,687,046	111
52	OGE Energy	$1,427,570,182	15
53	SCS Energy	$1,419,011,796	5
54	Panasonic	$1,384,147,584	61
55	Microsoft	$1,363,926,937	111
56	Lockheed Martin	$1,334,594,360	319
57	Sagamore Development	$1,320,000,000	2
58	Northrop Grumman	$1,275,514,883	284
59	Corning Inc.	$1,262,885,869	389
60	Vingroup	$1,254,000,000	1
61	Continental AG	$1,244,875,478	111
62	RTX Corporation	$1,168,240,858	779
63	Jefferies Financial Group	$1,144,919,260	17
64	SK Holdings	$1,081,550,283	9
65	Valero Energy	$1,053,812,692	207
66	Dow Inc.	$1,049,354,213	640
67	AES Corp.	$1,030,194,632	132
68	Hyannis Air Service Inc.	$1,018,366,272	417
69	Abengoa	$988,188,652	43
70	Exelon	$982,955,949	57
71	CF Industries	$982,271,715	129
72	Pyramid Companies	$966,050,097	91
73	Mazda Toyota Manufacturing, U.S.A., Inc.	$900,000,000	1
74	Apollo Global Management	$896,345,186	586
75	LG	$881,567,511	87
76	Delta Air Lines	$878,093,932	17
77	Centene	$877,508,496	56
78	Bayer	$850,128,391	212
79	Honda	$849,832,301	92
80	Shin-Etsu Chemical	$828,683,936	106
81	Enterprise Products Partners	$826,988,371	89
82	SunEdison	$813,584,873	113
83	Goldman Sachs	$800,873,386	253
84	E.ON	$782,609,880	38
85	Archer Daniels Midland	$771,819,773	1,116
86	EDF-Electricite de France	$766,205,550	36
87	Warner Bros. Discovery Inc.	$764,594,690	217
88	Triple Five Worldwide	$748,000,000	4
89	Bank of America	$744,566,157	929
90	EDP-Energias de Portugal	$733,674,868	14
91	Related Companies	$687,200,000	1
92	Koch Industries	$673,998,188	495
93	Caithness Energy	$670,379,738	29
94	Wells Fargo	$653,074,103	540
95	Entergy	$638,345,893	234
96	OCI N.V.	$627,879,406	5
97	FedEx	$621,948,452	624
98	Chevron Phillips Chemical	$619,839,444	20
99	Bedrock Detroit	$618,000,000	1

Download results as CSV or XML or Save your search (Click here for information on download subscriptions)

But then complain about funding a school lunch program or a child daycare program for single mothers..etc. I'm always suspicious about the real motives behind those voices that are constantly complaining about government spending.

 

[maybelooking]

Its not hard to see why the govt cant get this topic right.

Washington state diverted $340M in federal COVID funds to immigrants, including via $1,000 checks

Hundreds of millions of federal dollars were used to fund a Washington state program that allows illegal immigrants to receive $1,000 checks as part of COVID relief.

www.foxnews.com

The more taxes they take in, the more they spend. EVERY SINGLE TIME. Giving back unspent money to the tax payer, or to help balance the budget isn't something they ever even consider.

But liberals think "the rich" are the problem!!!!!

 

[Toddsterpatriot]

No, read my last post. As far as abortion, you can't expect single women living in this society to opt to become mothers when there's hardly any support for them. If you care about fetuses in other people's uteruses, you also have to care for the woman who is carrying the fetus and the fetus once it's born and becomes a member of the community. If we're going to use the heavy hand of government to force women to remain pregnant for nine months then we can't defund the government programs that provide single mothers with housing assistance, SNAP, Medicaid, job training, child daycare, school lunches, afterschool programs..etc.

If we're going to use the heavy hand of government to force women to remain pregnant for nine months

The government is forcing me to raise my 6 year old, by not allowing me to kill my 6 year old.
Force.

 

[Toddsterpatriot]

We shouldn't cut a dime of spending if it will in any way negatively affect the public. Spending for the public good always contributes to the nation's prosperity, success, and security. We should never cut spending unnecessarily or when it undermines the public good, to please conservative Republicans who hate the government doing anything for the working class. The average Joe American. These right-wing conservatives will spend trillions fighting wars, filling the coffers of the military-industrial complex and DOD, they will spend billions paying their wealthy donors yearly subsidies:

RANK	PARENT	SUBSIDY VALUE.	NUMBER OF AWARDS
1	Boeing	$15,388,954,161	952
2	Intel	$8,355,503,416	127
3	Ford Motor	$7,718,954,966	684
4	General Motors	$7,494,705,750	783
5	Micron Technology	$6,786,681,915	19
6	Alcoa	$5,727,691,764	134
7	Cheniere Energy	$5,617,152,523	43
8	Amazon.com	$5,532,086,473	433
9	Foxconn Technology Group (Hon Hai Precision Industry Company)	$4,820,110,112	74
10	Texas Instruments	$4,286,328,869	69
11	Volkswagen	$3,880,517,317	209
12	Sempra Energy	$3,828,022,782	51
13	NRG Energy	$3,405,383,876	264
14	Venture Global LNG	$3,285,883,566	6
15	NextEra Energy	$3,008,691,129	116
16	Sasol	$2,836,049,845	72
17	Tesla Inc.	$2,829,855,494	114
18	Stellantis	$2,795,436,436	213
19	Nucor	$2,518,064,340	171
20	Walt Disney	$2,483,328,762	255
21	SkyWest	$2,418,120,282	981
22	Iberdrola	$2,380,537,196	109
23	Toyota	$2,304,226,689	237
24	Shell PLC	$2,210,816,246	131
25	Samsung	$2,178,196,443	83
26	Oracle	$2,167,890,528	90
27	Mubadala Investment Company	$2,124,035,097	62
28	Nike	$2,104,917,829	153
29	Hyundai Motor	$2,048,610,159	17
30	Alphabet Inc.	$2,010,825,527	124
31	Brookfield Asset Management	$1,968,826,437	231
32	Meta Platforms Inc.	$1,963,051,772	61
33	Exxon Mobil	$1,906,554,975	227
34	Paramount Global	$1,845,796,313	332
35	Nissan	$1,842,814,165	98
36	Apple Inc.	$1,833,837,442	61
37	Comcast	$1,827,808,120	390
38	Berkshire Hathaway	$1,821,579,761	1,190
39	Summit Power	$1,783,593,414	6
40	General Electric	$1,737,066,990	994
41	Air Products & Chemicals	$1,726,928,435	87
42	Cleveland-Cliffs	$1,705,497,604	129
43	Southern Company	$1,694,958,172	45
44	Energy Transfer	$1,680,763,748	155
45	JPMorgan Chase	$1,663,593,063	1,147
46	Vornado Realty Trust	$1,623,857,336	33
47	Duke Energy	$1,580,417,759	86
48	Wolfspeed Inc.	$1,560,125,015	63
49	Rivian Automotive Inc.	$1,532,854,012	3
50	IBM Corp.	$1,495,438,545	367
51	General Atomics	$1,476,687,046	111
52	OGE Energy	$1,427,570,182	15
53	SCS Energy	$1,419,011,796	5
54	Panasonic	$1,384,147,584	61
55	Microsoft	$1,363,926,937	111
56	Lockheed Martin	$1,334,594,360	319
57	Sagamore Development	$1,320,000,000	2
58	Northrop Grumman	$1,275,514,883	284
59	Corning Inc.	$1,262,885,869	389
60	Vingroup	$1,254,000,000	1
61	Continental AG	$1,244,875,478	111
62	RTX Corporation	$1,168,240,858	779
63	Jefferies Financial Group	$1,144,919,260	17
64	SK Holdings	$1,081,550,283	9
65	Valero Energy	$1,053,812,692	207
66	Dow Inc.	$1,049,354,213	640
67	AES Corp.	$1,030,194,632	132
68	Hyannis Air Service Inc.	$1,018,366,272	417
69	Abengoa	$988,188,652	43
70	Exelon	$982,955,949	57
71	CF Industries	$982,271,715	129
72	Pyramid Companies	$966,050,097	91
73	Mazda Toyota Manufacturing, U.S.A., Inc.	$900,000,000	1
74	Apollo Global Management	$896,345,186	586
75	LG	$881,567,511	87
76	Delta Air Lines	$878,093,932	17
77	Centene	$877,508,496	56
78	Bayer	$850,128,391	212
79	Honda	$849,832,301	92
80	Shin-Etsu Chemical	$828,683,936	106
81	Enterprise Products Partners	$826,988,371	89
82	SunEdison	$813,584,873	113
83	Goldman Sachs	$800,873,386	253
84	E.ON	$782,609,880	38
85	Archer Daniels Midland	$771,819,773	1,116
86	EDF-Electricite de France	$766,205,550	36
87	Warner Bros. Discovery Inc.	$764,594,690	217
88	Triple Five Worldwide	$748,000,000	4
89	Bank of America	$744,566,157	929
90	EDP-Energias de Portugal	$733,674,868	14
91	Related Companies	$687,200,000	1
92	Koch Industries	$673,998,188	495
93	Caithness Energy	$670,379,738	29
94	Wells Fargo	$653,074,103	540
95	Entergy	$638,345,893	234
96	OCI N.V.	$627,879,406	5
97	FedEx	$621,948,452	624
98	Chevron Phillips Chemical	$619,839,444	20
99	Bedrock Detroit	$618,000,000	1

Download results as CSV or XML or Save your search (Click here for information on download subscriptions)

But then complain about funding a school lunch program or a child daycare program for single mothers..etc. I'm always suspicious about the real motives behind those voices that are constantly complaining about government spending.

We shouldn't cut a dime of spending if it will in any way negatively affect the public.

Not paying people to sit home and watch TV negatively impacts the guy getting paid to watch TV.

Spending for the public good always contributes to the nation's prosperity, success, and security.

Wasting money and then lying and saying it's for the public good does not contribute to the nation's prosperity.

 

[TruthNotBS]

We shouldn't cut a dime of spending if it will in any way negatively affect the public.

Not paying people to sit home and watch TV negatively impacts the guy getting paid to watch TV.

Spending for the public good always contributes to the nation's prosperity, success, and security.

Wasting money and then lying and saying it's for the public good does not contribute to the nation's prosperity.

You essentially ignored everything I said.

 

[TruthNotBS]

If we're going to use the heavy hand of government to force women to remain pregnant for nine months

The government is forcing me to raise my 6 year old, by not allowing me to kill my 6 year old.
Force.

You're comparing an embryo or unviable fetus to your six-year-old child? What women do with their uteruses in early pregnancy is none of your business. If you want to force actual human beings (pregnant women) to lend their uteruses to embryos or unviable fetuses, the least you can do is create a society where such women (often single women) will get some assistance while pregnant and after birth.

 

[task0778]

You're taking money out of the economy when you balance government spending.

It's actually the exact opposite, if you take out less revenue out of the economy in the form of taxes then you are leaving more money in the hands of the people who earned it. For the most part, gov't spending is wasteful and riddled with fraud and abuse, and the multiplier effect it has on economic growth is less. True, some expenditures are necessary for the betterment of society, or if a specific program is managed effectively and efficiently. However, those programs are rare indeed.

 

[RoshawnMarkwees]

Energy without money in capitalism is social unrest, getting mugged at knife point. There has to be capital and whenever the government balances its budget, there's a recession. The private sector suffers when the government limits its spending as the Republicans are constantly demanding that it must for some silly reason like "That's Communism". No that's allowing capitalism to function properly.

Government is nothing more than a middle man, a facilitator, an agent. The more government is involved, the more the economy is hurt as expenses increase.
If you drive through this country as extensively as I do, you’d see small towns that are vacant and dilapidated because industry and the capital it generates are gone. Outsourced to china, etc.
Whenever I drive through a small town that is thriving with clean streets, filled businesses and storefronts, I can almost bet with 100% certainty that it’s the county seat. The rest of the county and most of the rest of the state are ghost towns.