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On Thu, 24 Mar 2011 11:31:38 -0400, wrote:

On Wed, 23 Mar 2011 14:43:43 -0700, wrote:

On Wed, 23 Mar 2011 14:11:10 -0400, wrote:

On Tue, 22 Mar 2011 23:23:21 -0700, wrote:

On Tue, 22 Mar 2011 22:43:18 -0400, wrote:

On Tue, 22 Mar 2011 13:40:28 -0700, wrote:

On Tue, 22 Mar 2011 15:43:12 -0400, wrote:

You are not that stupid. How can you possibly say a program that
spends moire than it takes in is not in deficit?

Medicare has been upside down for several years and SS went upside
down 2 years ago.

And, it is not contributing one penny to the current deficit problem.
It "may" at some point if it isn't fixed.

WHAT? We are borrowing 40 cents of every dollar of the short fall and
Obama chopping 2% off of the FICA tax rate only makes it worse.

WHAT? Not because of SS/MC. I don't agree with any tax cut for the
wealthy.

The income taxes have nothing to do with the short fall in FICA.

Were do you get the notion that I think FICA and income tax are the
same things?

... because you linked the shortfall in SS/MC with the Obama tax cut
(It stopped being the Bush tax cut when Obama renewed the bill)

I did no such thing.

Didn't you just say "WHAT? Not because of SS/MC. I don't agree with
any tax cut for the wealthy."
There was no FICA tax cut "for the wealthy", it was an income tax cut.
The FICA tax cut was for the people who make less than $101k

As I said the wealthy need to be taxed more not less.

OK, it still won't fix this problem.

Which problem is "this"? You keep changing the subject, so it's hard
to tell what you're talking about.

"This" is the SS/MC short fall.

Before that, they were trying to say a recovery would put SS back into
the black for a year, maybe two. Now they can't even make that claim.

Medicare is just spiraling down the black hole of debt with no end in
sight.

Go hide under your blankey.

Denial is not the answer.

Ok, so don't hide and face the facts. One fact is that there is no
short-term crisis for either program. Another is that lowering taxes
on wealthy people will do little or nothing to help job creation.

The plane has already hit the mountain. We are borrowing money to pay
out SS/.MC benefits now and the big outlays are still ahead of us.
When do you think this will be a problem? When the bonds demand 3% or
5% to sell? At around 7% and our current rate of borrowing, the
interest alone will be bigger that the whole budget is now, within a
decade.

According to you, Mr. Expert. In fact, it's just a fear-based rant
that is getting old and worn out. Why don't you go back to the birth
certificate rant, at least that's entertaining on some level.

I suppose you should read a bit more dear. No credible economist
right now thinks our entitlements are sustainable. It is particularly
true when Obama signed on to the formerly "bush tax cuts" and then cut
an additional 2% from the payroll taxes. Reagan would be proud ...
except he actually raised the payroll taxes along with Tip O'neil to
prop up social security. Obama hastened it's failure.

Don't call me dear. It's demeaning and you're not qualified.

Just because something is unsustainable doesn't mean it's an imminent
problem. Nobody disputes that both need to be fixed.

If your google is broken, I suppose I can find you the projections of
what the debt will cost us at various increasing interest rates but I
am sure you saw those projections and rejected them as fear mongering.
It is just the math that makes me worry.

Math shouldn't make you worry. It's just math.