Era of Entitlements Nearly Over?

Tax poverty? Taxes are relatively the lowest in 60 years. Hyperbole much?

 

At least 25% or more. We're at about 13% now.

But the Terrorist Tea Party of Grover will undoubtedly wreck the economy long before we get to that point.

 

Here's the way it's going to be without reform:

Seniors are going to break the bank on SS and Medicare. They will use it all up. After they've used it all up then the leftists can do whatever they want to it.

I use SS payments to fund beer and pizza parties. Thank you youngsters for your kindness. Keep up the good work.

 

"Social Security was never intended to allow an early retirement by folks and clearly, utterly clear;y, has been abused by one of the most powerful voting blocks, that being seniors."

Am I abusing entitlements? I'm 69 and have worked steady from the age of 15 with 3 of those years in military.
At 62 I developed an inoperable tumor and ended up having to take early retirement. When I retired, the insurance company dropped me like a hot potato. With having MRIs and CT Scans every 3 months, everything in my 401 went down the drain in a hurry. Then someone reminded me that as a veteran serving during a time of war, I could get help from the VA.

My wife and I are living on my $1200 a month Social Security check. I'm on blood thinners because every time they take me off I get another blood clot. Beta Blocker for heart and pain meds for the tumor.

If they do away with entitlements, I'll probably be dead shortly after I run out of meds.

I paid in to Social Security all of my life! Am I not entitled to get my lousy $1200 a month? Could you live on that?

I served my time in the military. Am I not entitled to a few meds?

Even though I'm eligable for food stamps and some of those other programs, I don't use them. Only use my Social Security and VA benifits.

Most of those that are all for getting rid of these programs are still young enough that they don't need them. I felt the same way until I found out how fast your life savings could disapear with a medical problem.

Love to see some of you who are making a couple hundred thousand a year, all of a sudden find yourself counting on Social Security and with major medical problems. Wonder how you would cope then?

 

Beats me.

However, your claimed use of Social Security is what it was intended for.

 

"...the Terrorist Tea Party of Grover will undoubtedly wreck the economy long before we get to that point."

Taxcutter says:
Tax reductions will not wreck the economy but government spending will.

 

Tax reductions have put the Govt trillions in debt. That's not wrecking it?

Tell again, how is putting a couple million more people on the unemployment rolls going to help the economy again?

 

Glad you can afford it. I couldn't afford beer when I was working. Haven't tasted one in twenty years.

 

"Tax reductions have put the Govt trillions in debt."

Taxcutter says:
Excessive spending has put the government trillions in debt.

 

"Excessive spending has put the government trillions in debt."

Data shows that tax cuts have put the government trillions in debt.

 

"Data shows that tax cuts have put the government trillions in debt."

Taxcutter says:
Complete distortion. Data shows that spending in excess of revenues is the cause of increased debt. You can cut taxes all you like and still not have debt as long as you properly decrease spending.

Ever take an accounting class?

 

You could probably balance the budget just by getting rid of all of the government workers who are ripping us off by sitting in offices all around the country and doing absolutely nothing.
I could probably give you names of a dozen people myself, who are drawing government pay and milage while they are sitting in an office or at home watching tv.
If it's that bad in my little world, you could times that by a few thousands for all over the country.

 

We lived during America's Golden Age when the US was the land of milk and honey for most people. It was possible to do well without having any real skills. That's when most of us accumulated money.

What happened to you? Making good decisions in life is really important. I can't emphasize that enough.

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Is that a partial truth or the whole truth?

 

Whole truth. Without the tax cuts since 2000, the govt would be trillions less in debt.

 

Biiggest share of my working life was as a maintenance manager for a well known company. Read my earlier post and you'll know what happened.
Maybe the Golden Age wasn't so golden for everyone. Outside the big cities, most people weren't making twenty dollars an hour. And maybe, if everyone wasn't trying to make twenty dollars plus an hour w/bennies, some of the jobs would still be here instead of overseas. It's not all the governments fault.

 

I don't know why I waste my time with you. The whole truth is that tax cuts and increased spending put the US in this fiscal mess.

 

So many people want entitlements to end, but combine that with no job growth, outsoucing, no pensions, etc. How many homeless can we have? That's why I picture a Tea Party world as something like living in a Mad Max movie... lot's of downtrodden, maybe a few growing tomatoes and hunting squirrels and the very few vastly rich elite.

 

I don't know why I waste my time with you.

You ask about my assertion that tax cuts have added trillions to the debt, and then you switch the issue and talk about "this fiscal mess".

I said nothing about "this fiscal mess." I asserted that the tax cuts have added trillions to the debt, which I have demonstrated on numerous occasions and other sources confirm as well.

 

Well most people did well. I don't know what happened to you? You had a lifetime to accumulate wealth. During the good times it was easy.

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Your posts are worthless. Don't bother me again.

 

Let me see if I got this straight. You jump in on my post, then when I response you try to change the subject, and when I demonstrate that you have a hissy fit and throw out another baseless ad hom and say "don't bother me."

What a joke.

 

"It's not all the governments fault."

Taxcutter says:
No, its not 100% government's fault. But it is a good 75%.

 

Maybe we should observe that it isn't the food stamps and other so-called "welfare benefits" to inner city poor that constitutes the major portion of entitlement costs. In fact, they're a drop in the proverbial bucket. The main problem area is Medicare/Medicaid - i.e. we're ALL the culprit - especially the elderly and especially in the last year of their lives. Social Security is little more than a trust fund whose surpluses were non-optionally invested in treasury securities. Those payouts aren't "welfare". They are the payment of monies that are OWED to us as a result of our life-long (also mandatory) contributions to the fund. Just so we know what welfare really ISN'T and who REALLY IS on the receiving/demand end of the entitlements. It's nearly ALL OF US - or will be eventually.

 

If they were truly a drop in the bucket they'd be easy to cut.

 

Lots of Americans don't want to see hordes of American families thrown into the streets.

 

Just on e problem with that viewpoint skippy.

1)The average person puts in 47k over their working life, then retire with 30 years left on the clock and use up 250k in bennies over that 30 years with costs sure to go up.

2)Such a pyramid scheme can only continue when each generation is larger than the last. A reasonable assumption at the height of the baby boom. Turned out Gen X is less than half the size of the boomers. Which makes taking care of the boomers a fiscal impossibility without confiscating the generational wealth of Gen X. Which is what Democrats want.

In the meantime, pur spoiled little siblings the miilenials are demanding free education and health care to.

So in short Gen eXploited is well and truly (*)(*)(*)(*)ed to tax slavery.