We knew it was coming and here it is. Republicans want to cut your retirement

You used the right word, Tom.  "Fund".   You fund things by paying for them - not by removing payments.   This is a good 101 lesson for any Republican.

 

But onto your question  - I have lots of good ideas (although I'm confused about this 70 trillion deficit you speak of) ! 

 

1) My main idea I stole from Republicans - make a simpler fairer tax code (except mine actually is simpler and fairer).      All income of any kind is applied to the same brackets paychecks get applied to.   That way scumbags like Donald Trump have the same tax rate I do and it drastically brings down the deficit.  Much simpler.   Much more fair.   And Larry Kudlow gets to shit his pants on national TV.  What more can you ask for?

 

2) Switch to a similar healthcare system as other western, industrialized nations whose cost per capita is between half and 2/3 of ours.   And its paid for in a similar fashion.   I understand this idea causes right wingers to have hemmoroid flare ups - but this is my answer.   So I dont care.

 

3) Allow our government to negotiate drug prices like every other entity on the planet.   

 

4) Outlaw the concept of "dynamic scoring" so scumbags in Congress cant tell us that 3-2 = 4

 

5) Give the Pentagon  unilateral authority to cancel any defense projects it deems to be unnecessary so scumbags in Congress cant award bullshit contracts to other scumbags that fund their campaigns.

 

This is a partial list.

Edited on Oct 18, 2018 12:21pm

$70 trillion is the unfunded social security/medicare deficit.  This has been discussed before.

 

You can tax the evil 1% at a 100% tax rate & you still won't have enough money.  Do you suggest that the bottom 50% pay more than the 1% they are currently contributing?

 

The countries that have nationalized health care pay higher rates than the US & also have a VAT tax.  So another tax increase

 

Negotiating drug prices is a drop in the bucket.

 

Nothing you suggest covers the unfunded deficit, which will consume all the tax revenue in the future.

 

The only solution is to spend less.

Fixing the healthcare problem allows you to spend less. 

Originally posted by: tom

$70 trillion is the unfunded social security/medicare deficit.  This has been discussed before.

 

You can tax the evil 1% at a 100% tax rate & you still won't have enough money.  Do you suggest that the bottom 50% pay more than the 1% they are currently contributing?

 

The countries that have nationalized health care pay higher rates than the US & also have a VAT tax.  So another tax increase

 

Negotiating drug prices is a drop in the bucket.

 

Nothing you suggest covers the unfunded deficit, which will consume all the tax revenue in the future.

 

The only solution is to spend less.


Thats right - my ideas require that spending be paid for.    I see you're still struggling with my 101 lesson from my previous post.   

 

If you want to raise taxes on impoverished people that is your perogative.  You asked for my ideas and I provided them.  I'm not seeking your approval.

 

Its worth noting the Republicans you voted for are not following my ideas or yours.   But they have suggested we cut your retirement benefits.  And I see you still cant weigh in with an opinion about that.   

 

 


Originally posted by: tom

So how does PJ plan on funding the 70 trillion unfunded deficit, which is over $200,000 per person in this country?

 

 


  $70-trillion may be an underestimate.  A clear explanation of this dilemmma is found in The Entitlement Crisis Ignored.

 

The article sums up, . . . "Over the next 30 years, according to data from the Congressional Budget Office, Medicare will run a $40 trillion cash deficit, Social Security will run a $19 trillion cash deficit, and the interest on the resulting program debt will be $23 trillion.

 . . .the entire $82 trillion long-term-deficit projection comes from the Social Security and Medicare shortfalls and their resulting interest costs. This unsustainable level of borrowing would wreak havoc on global financial markets, interest rates, and economic investment, not to mention the federal budget."

 

There is no easy solution, . . . and the difficult solutions are unpalatable.   It looks like the Government has promised more than it can deliver.

 

The piece concludes: "Frédéric Bastiat long ago observed that 'government is the great fiction through which everybody endeavors to live at the expense of everybody else.' ”

 

  "The piece concludes: "Frédéric Bastiat long ago observed that 'government is the great fiction through which everybody endeavors to live at the expense of everybody else.' ”--- My, my, my, sounds just like the Democratic platform, otherwise known as "Socialism".

 

 

Moo

Mark - nice, biased cartoon. Also, I see that once again you offer NO solutions - you just give one sided opinions based on Democrapic mouthings. 

Doc - I have given you my solutions over and over again.  You just don't like them.  Nevertheless, I will list a few of them again. 

 

 

1. Adopt a modern way to pay for the healthcare system like the rest of the 1st world to save a third or more in healthcare costs.  

 

2.  Raise Taxes to Reagan era rates - Gasp! I know such a simple concept is hard for the average conservative to grasp but golly, it sure does work when it comes to paying government expenses. 

 

3.  Raise the minimum wage to $15 and then tie it to inflation, so it keeps pace as times change. It doesn't cost the government anything and yet it dramatically reduces the number of people on food stamps and Medicaid. 

 

4.  Allow the government to negotiate prescription drug prices. 

 

5.  Enact a financial services transaction tax.  

 

6. Charge corporations for the use of government services if they claim corporate residency in another country to avoid taxes. For example, if Google wants to claim 80% of its revenue comes from Ireland, make them pay 80% of the costs of the government services that are currently provided to them by the taxpayer.  This would generate a lot of money when you account for how much they would have pay to use the U.S. court system. 

 

7.  Employ all of those immigrants that come here looking for jobs. We would have millions and millions of new young people paying into SS and Medicare. 

 

 

 

Originally posted by: Mark

Doc - I have given you my solutions over and over again.  You just don't like them.  Nevertheless, I will list a few of them again. 

 

 

1. Adopt a modern way to pay for the healthcare system like the rest of the 1st world to save a third or more in healthcare costs.  

 

2.  Raise Taxes to Reagan era rates - Gasp! I know such a simple concept is hard for the average conservative to grasp but golly, it sure does work when it comes to paying government expenses. 

 

3.  Raise the minimum wage to $15 and then tie it to inflation, so it keeps pace as times change. It doesn't cost the government anything and yet it dramatically reduces the number of people on food stamps and Medicaid. 

 

4.  Allow the government to negotiate prescription drug prices. 

 

5.  Enact a financial services transaction tax.  

 

6. Charge corporations for the use of government services if they claim corporate residency in another country to avoid taxes. For example, if Google wants to claim 80% of its revenue comes from Ireland, make them pay 80% of the costs of the government services that are currently provided to them by the taxpayer.  This would generate a lot of money when you account for how much they would have pay to use the U.S. court system. 

 

7.  Employ all of those immigrants that come here looking for jobs. We would have millions and millions of new young people paying into SS and Medicare. 

 

 

 


Interpretation:

 

1. Raise taxes by a bunch, even on poor and low income people.

 

2. Raise taxes.

 

3. Force businesses to fire people because those low and no skill wage increases make the jobs too much of a net loss for the businessses, and stop hiring new people. Libs have no idea what hiring people already costs businesses because they've never owned a business or signed a paycheck. I have. Most minimum wages jobs are starting/training positions. When a new hire needs to be trained, the business is not only paying the wages for the new hire, they are also paying another employee (at a higher wage) to train them. That is a net loss risk that most businesses must take. Libs also think that a wage is the only cost of employing someone. They also have to pay for unemployment insurance, workers comp, health benefits (in many cases these days), and half of the FICA taxes. There are probably one or two I missed, but it costs a lot more than just wages to employ someone who is already productive enough to make money for the business. Businesses lose money on new starting/training hires. 

 

4. Put more health care under the control of a government bureaucracy. That always (never) makes things less expensive.

 

5. Big tax raises.

 

6. Raise taxes.

 

7. Encourage and increase illegal immigration.

 

The primary common theme is MORE TAXES, MORE TAXES, and MORE TAXES! Libs don't understand, and never will understand, that the more an activity is taxed, the less that activity will occur.

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