Alan Greenspan-Government entitlement programs

[Value Buy]

Greenspan says our economy will fade due to Government entitlement programs that are on the books today.

www.cnbc.com/2019/04/12/alan-greenspan-says-economy-will-start-to-fade-out-because-of-growing-us-entitlement-burden.html

Now let's add Medicare for all, and government one payer insurance to the mix.

[NastyWoman]

Apr 12, 2019 9:33:07 GMT -5 Value Buy said:

Greenspan says our economy will fade due to Government entitlement programs that are on the books today.

www.cnbc.com/2019/04/12/alan-greenspan-says-economy-will-start-to-fade-out-because-of-growing-us-entitlement-burden.html

Now let's add Medicare for all, and government one payer insurance to the mix.

What's with the "and" in this sentence?

[thyme4change]

Every other deceloped country on the planet has somehow figured out how to give their people medical services without crumbling. Those countries have a healthier and happier population. But, yes, I'm sure the end of the USA is because people won't go bankrupt because they broke their leg.

[Deleted]

I wouldn’t wipe my ass with Greenspan’s opinion.

[Value Buy]

Apr 12, 2019 11:18:48 GMT -5 thyme4change said:

Every other deceloped country on the planet has somehow figured out how to give their people medical services without crumbling. Those countries have a healthier and happier population. But, yes, I'm sure the end of the USA is because people won't go bankrupt because they broke their leg.

Until we give up on saving the entire world from perceived invasions and war, our country cannot pay that price for free healthcare.
Europe can pay for healthcare because we pay for the majority of their security, and same for most of southeast Asia.
Stop supporting these countries, and let's talk about our healthcare problems.
Stop the majority of foreign aid to bankrupt countries and spend that money on healthcare reform here.
I would be happy with this outcome!

[thyme4change]

We have a ton of money.

[jkapp]

Apr 12, 2019 16:44:02 GMT -5 thyme4change said:

We have a ton of money.

No, we have a ton of debt...there's a HUGE difference between the two.

[thyme4change]

Apr 12, 2019 17:07:16 GMT -5 jkapp said:

Apr 12, 2019 16:44:02 GMT -5 thyme4change said:

We have a ton of money.

No, we have a ton of debt...there's a HUGE difference between the two.

We could pay it off in 30 years if we weren't so afraid to increase taxes on the uber wealthy.

[Cheesy FL-Vol]

Apr 12, 2019 14:57:59 GMT -5 Value Buy said:

Apr 12, 2019 11:18:48 GMT -5 thyme4change said:

Every other deceloped country on the planet has somehow figured out how to give their people medical services without crumbling. Those countries have a healthier and happier population. But, yes, I'm sure the end of the USA is because people won't go bankrupt because they broke their leg.

Until we give up on saving the entire world from perceived invasions and war, our country cannot pay that price for free healthcare.
Europe can pay for healthcare because we pay for the majority of their security, and same for most of southeast Asia.
Stop supporting these countries, and let's talk about our healthcare problems.
Stop the majority of foreign aid to bankrupt countries and spend that money on healthcare reform here.
I would be happy with this outcome!

But being at war is a government entitlement program for corporations and industries, and makes them gobs of money.

[oped]

Apr 12, 2019 20:43:28 GMT -5 thyme4change said:

Apr 12, 2019 17:07:16 GMT -5 jkapp said:

No, we have a ton of debt...there's a HUGE difference between the two.

We could pay it off in 30 years if we weren't so afraid to increase taxes on the uber wealthy.

And or stopped buying weapons and deploying them all over the world..,

[jkapp]

Apr 12, 2019 20:43:28 GMT -5 thyme4change said:

Apr 12, 2019 17:07:16 GMT -5 jkapp said:

No, we have a ton of debt...there's a HUGE difference between the two.

We could pay it off in 30 years if we weren't so afraid to increase taxes on the uber wealthy.

No we couldn't because liberals can't raise taxes without spending even more than the taxes they would raise.

[jkapp]

Apr 13, 2019 3:49:57 GMT -5 oped said:

Apr 12, 2019 20:43:28 GMT -5 thyme4change said:

We could pay it off in 30 years if we weren't so afraid to increase taxes on the uber wealthy.

And or stopped buying weapons and deploying them all over the world..,

You could cut defense spending to zero and we would still have a deficit.  It's not spending on weapons that drains the coffers...

[oped]

Apr 13, 2019 7:55:58 GMT -5 jkapp said:

Apr 12, 2019 20:43:28 GMT -5 thyme4change said:

We could pay it off in 30 years if we weren't so afraid to increase taxes on the uber wealthy.

No we couldn't because liberals can't raise taxes without spending even more than the taxes they would raise.

Amazing. Have you looked st the trends in deficit spending under republicans and Democrats recently? Or read, I don’t know, literally any fucking thing?

[oped]

Apr 13, 2019 7:56:55 GMT -5 jkapp said:

Apr 13, 2019 3:49:57 GMT -5 oped said:

And or stopped buying weapons and deploying them all over the world..,

You could cut defense spending to zero and we would still have a deficit.  It's not spending on weapons that drains the coffers...

Seriously? Do you know how taxes work? Almost all costly ‘entitlrnent programs have their own taxes.. in the budget outside if that any social spending is minuscule compared to defense.

[djAdvocate]

Apr 12, 2019 14:57:59 GMT -5 Value Buy said:

Apr 12, 2019 11:18:48 GMT -5 thyme4change said:

Every other deceloped country on the planet has somehow figured out how to give their people medical services without crumbling. Those countries have a healthier and happier population. But, yes, I'm sure the end of the USA is because people won't go bankrupt because they broke their leg.

Until we give up on saving the entire world from perceived invasions and war, our country cannot pay that price for free healthcare.
Europe can pay for healthcare because we pay for the majority of their security, and same for most of southeast Asia.
Stop supporting these countries, and let's talk about our healthcare problems.
Stop the majority of foreign aid to bankrupt countries and spend that money on healthcare reform here.
I would be happy with this outcome!

straight up.  we should do that TOMORROW.  TOMORROW.  no, I am not kidding.  I have been voting that position for 20 years.

[djAdvocate]

Apr 13, 2019 7:55:58 GMT -5 jkapp said:

Apr 12, 2019 20:43:28 GMT -5 thyme4change said:

We could pay it off in 30 years if we weren't so afraid to increase taxes on the uber wealthy.

No we couldn't because liberals can't raise taxes without spending even more than the taxes they would raise.

Clinton did.  but you are right, he was pretty conservative.

[tbop77]

Apr 13, 2019 7:55:58 GMT -5 jkapp said:

Apr 12, 2019 20:43:28 GMT -5 thyme4change said:

We could pay it off in 30 years if we weren't so afraid to increase taxes on the uber wealthy.

No we couldn't because liberals can't raise taxes without spending even more than the taxes they would raise.

And it is so much smarter to have a massive amount of debt, cut taxes, and still spend more money like conservatives?  

[mroped]

Apr 12, 2019 14:57:59 GMT -5 Value Buy said:

Apr 12, 2019 11:18:48 GMT -5 thyme4change said:

Every other deceloped country on the planet has somehow figured out how to give their people medical services without crumbling. Those countries have a healthier and happier population. But, yes, I'm sure the end of the USA is because people won't go bankrupt because they broke their leg.

Until we give up on saving the entire world from perceived invasions and war, our country cannot pay that price for free healthcare.
Europe can pay for healthcare because we pay for the majority of their security, and same for most of southeast Asia.
Stop supporting these countries, and let's talk about our healthcare problems.
Stop the majority of foreign aid to bankrupt countries and spend that money on healthcare reform here.
I would be happy with this outcome!

There is some truth in there but not really!
We don’t provide security for Europe. We claim thta so we can inflate and engorge the DOD budget and keep Americans in a state of fear.
When was that last military confrontation started by any European country?
WW II?
In the mean time we keep finding reasons to have a war.
Why did we need to invade two countries looking for one individual that wasn’t even where we were looking for him? Does that mean that we spend wordless of money on intelligence only to be provided with false intelligence?
I thought we have the best and most efficient military in the world but the last 17 years prove otherwise. Or is it that SOME people have an interest in having this perpetual wars?
And we still pick and make fun of the people living in communism for being blind followers? They do it out of fear and repercussions. Why do we do it?

[thyme4change]

Apr 13, 2019 7:55:58 GMT -5 jkapp said:

Apr 12, 2019 20:43:28 GMT -5 thyme4change said:

We could pay it off in 30 years if we weren't so afraid to increase taxes on the uber wealthy.

No we couldn't because liberals can't raise taxes without spending even more than the taxes they would raise.

The GOP lost the moral high ground on spending 40 years ago. They spend, and spend and spend.

[thyme4change]

Apr 13, 2019 3:49:57 GMT -5 oped said:

Apr 12, 2019 20:43:28 GMT -5 thyme4change said:

We could pay it off in 30 years if we weren't so afraid to increase taxes on the uber wealthy.

And or stopped buying weapons and deploying them all over the world..,

Or both.

[Deleted]

Borrowing trillions and trillions on a fiat currency, what could go wrong? And yeah, the Dems aren’t very good but the GOP are now fiat borrowing royalty.

[tallguy]

Apr 14, 2019 14:23:59 GMT -5 @aj said:

Borrowing trillions and trillions on a fiat currency, what could go wrong? And yeah, the Dems aren’t very good but the GOP are now fiat borrowing royalty.

True.  The common denominator between "tax-and-spend" Democrats and "borrow-and-spend" Republicans is the "and-spend" part.  Neither side truly believes in fiscal responsibility.  While both parties are to blame, the blame is not equal.  First, it was the Reagan presidency that ushered in the idea that tax cuts are a panacea and debt is no big deal.  That disaster has fueled decades of irresponsibility on the part of the GOP.  Second, the Democrats are more honest about their spending in that they at least attempt to pay for some of it through taxation.  Republicans are thoroughly corrupt, cutting taxes for those who least need it while exploding deficits and the debt.  This country has a lot of issues, but one would be hard-pressed to convince me that the debt is not the one that will ultimately cause our downfall.    

[Value Buy]

Apr 12, 2019 20:43:28 GMT -5 thyme4change said:

Apr 12, 2019 17:07:16 GMT -5 jkapp said:

No, we have a ton of debt...there's a HUGE difference between the two.

We could pay it off in 30 years if we weren't so afraid to increase taxes on the uber wealthy.

It has already been shown the uber wealthy taxed at 100% will not pay for everythin everyone wants.
That leaves you to pony up.

[Value Buy]

Apr 14, 2019 14:23:59 GMT -5 @aj said:

Borrowing trillions and trillions on a fiat currency, what could go wrong? And yeah, the Dems aren’t very good but the GOP are now fiat borrowing royalty.

And yet I am still underwater on my 1 oz silver ingots that I bought 50odd  years ago........

[happyhoix]

Apr 15, 2019 7:48:59 GMT -5 Value Buy said:

Apr 12, 2019 20:43:28 GMT -5 thyme4change said:

We could pay it off in 30 years if we weren't so afraid to increase taxes on the uber wealthy.

It has already been shown the uber wealthy taxed at 100% will not pay for everythin everyone wants.
That leaves you to pony up.

So since taxing them at 100% won't pay for everything everyone wants, we continue to allow them to siphon off the cream?

We have a wealth disparity rating of 80, based on a scale of 0 for perfect equality to 100 for all the wealth resting in a minority's hands.

80 is the highest wealth disparity rating on the planet.

Getting the uber wealthy to contribute more, while at the same time making reforms in entitlement programs (including free shit for large corporations) and reducing military spending would get us back in the black.  If we had a congress that could work together, they might be able to negotiate this, but we're stuck with the Divider in Chief.

 

[Value Buy]

Apr 15, 2019 8:00:52 GMT -5 happyhoix said:

Apr 15, 2019 7:48:59 GMT -5 Value Buy said:

It has already been shown the uber wealthy taxed at 100% will not pay for everythin everyone wants.
That leaves you to pony up.

So since taxing them at 100% won't pay for everything everyone wants, we continue to allow them to siphon off the cream?

We have a wealth disparity rating of 80, based on a scale of 0 for perfect equality to 100 for all the wealth resting in a minority's hands.

80 is the highest wealth disparity rating on the planet.

Getting the uber wealthy to contribute more, while at the same time making reforms in entitlement programs (including free shit for large corporations) and reducing military spending would get us back in the black.  If we had a congress that could work together, they might be able to negotiate this, but we're stuck with the Divider in Chief.

 

You can tax them at any rate you want to.
40%
50%
75%
100%
It will not pay the bill. 
Who do they come after next?

And remember, as Americans retire and have to remove savings from the IRA's and 401-k's, newly retired citizens are going to pay much more in federal taxes than their parents ever did. Many are in for a bigh shock.

[thyme4change]

Apr 15, 2019 7:48:59 GMT -5 Value Buy said:

Apr 12, 2019 20:43:28 GMT -5 thyme4change said:

We could pay it off in 30 years if we weren't so afraid to increase taxes on the uber wealthy.

It has already been shown the uber wealthy taxed at 100% will not pay for everythin everyone wants.
That leaves you to pony up.

So, what if we just taxed them enough to cut the debt without really affecting their lifestyle? If you are willing to cut the debt a little by letting poor people starve to death, why not cut the debt more by having the rich throw in a few bucks. Having less debt is better than having a lot of debt, no?

[justme]

The whole taxing the rich 100% won't solve our debt so we shouldn't raise their taxes is such a bullshit argument.

If someone came in here with $25k worth of debt and said even if I put every penny I have after paying for my necessities towards the debt it wouldn't pay it off. Would a single person here go "well, your right just keep doing what you're doing then"? No one here would.

[Deleted]

At 20 trillion in debt this is going to be a two pronged solution, we all are going to have to pay more taxes and yeah, a good portion of that is going to come from those with larger incomes including myself.

There also need to be major cuts in defense, social security will need to be changed and healthcare needs to be reformed including the bottomless pit of end of life care.

These solutions are not easy and most of the country will be bitching about them, it would be nice if we had actual leaders instead of people just worrying about their next election.

Our debt and deficit put us at significant risk.

[mroped]

Apr 15, 2019 7:48:59 GMT -5 Value Buy said:

Apr 12, 2019 20:43:28 GMT -5 thyme4change said:

We could pay it off in 30 years if we weren't so afraid to increase taxes on the uber wealthy.

It has already been shown the uber wealthy taxed at 100% will not pay for everythin everyone wants.
That leaves you to pony up.

And we just solved the problem but having the Uber wealthy pay no taxes or very little taxes!😂
”My mama said Stupid is what stupid does!”