Trump Just Admitted on Live Television He Will 'Terminate' Social Security and Medicare If Reelected

Discussion in 'Current Events' started by cd8ed, Aug 8, 2020.

  1. Zorro

    Zorro Well-Known Member

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    It's fake News. Ask Biden

    Biden in 2011: Payroll tax cut does not hurt Social Security.

    From back when Biden still had a brain.

    Biden in 2011: Payroll tax cut does not hurt Social Security gop.com/biden-in-2011-…

    Chuck Schumer, ever the hypocrite, said in 2011 that if you were stalling a payroll tax cut, you were “putting politics before recovery.”

    Nancy Pelosi called a payroll tax cut a “victory for all Americans.”

    Joe Biden, who personally negotiated Obama’s payroll tax cut legislation, repeatedly extoled the benefits of a payroll tax cut, writing in a 2011 op-ed that it was “just plain wrong” that it would threaten Social Security.
     
    Last edited: Aug 10, 2020
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  2. Booman

    Booman Banned

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    And their hypocrisy continues.
     
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  3. Antiduopolist

    Antiduopolist Well-Known Member

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    People need to stick to what they're good at.
     
  4. Booman

    Booman Banned

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    Being so fragile you'd think they would focus on knitting and flower arranging. Maybe a bit of bingo...
     
  5. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

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    He said "make permanent cuts to the payroll tax", he's obligated to get the Social Security funding from elsewhere. Opinion., opinion, opinion. :roflol:
     
  6. Aleksander Ulyanov

    Aleksander Ulyanov Well-Known Member

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    Government can't create inflation or deflation, people do that in the marketplace. Hyperinflation was a special case that only happened one time and was due to the abysmally STUPID terms of the Versailles "peace" that was really just an armistice. It really had nothing to do with economics at all and is completely impossible under normal circumstances
     
    Last edited: Aug 10, 2020
  7. Aleksander Ulyanov

    Aleksander Ulyanov Well-Known Member

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    Just about, and he doesn't have to say it in any case. Anyone who thinks for a minute he doesn't intend to do just that if he gets a 2nd term is a bigger doofus than he is.
     
  8. Aleksander Ulyanov

    Aleksander Ulyanov Well-Known Member

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    Relatives, we all have rich relatives you know.

    Everybody who's retired or looking to retire better wake up. Trump's going to have suicide booths like in "Soylent Green". That's his retirement AND healthcare plans all rolled into one. The physically handicapped and mentally challenged too. No more "useless eaters" in Trumptopia.
     
    Last edited: Aug 10, 2020
  9. fmw

    fmw Well-Known Member

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    Cutting taxes doesn't cut programs in federal government. Certainly you understand that.
     
  10. fmw

    fmw Well-Known Member

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    Tax cuts don't cut programs in federal government. It simply moves revenue to debt. Anyone who doesn't understand that is a bigger doofus than he is.
     
  11. US Conservative

    US Conservative Well-Known Member Past Donor

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    Some commentary here on the lie in the OP. As he points out its untrue and will backfire.
     
  12. Lesh

    Lesh Banned

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    This "payroll holiday" is NOT going to help those unemployed. It WILL however create a giant hole in Social Security and Medicare funding.

    I have been reading that it also has to be paid BACK?

    Oh that's gonna be great
     
  13. Aleksander Ulyanov

    Aleksander Ulyanov Well-Known Member

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    Bullshit, "I'm gonna permanently cut off all the money to pay for something but don't worry, I won't cut that thing itself, even though doing that is something my party has been trying to do since it was passed in the 30's"

    Tell us another one Father Don. We believe anything you say.
     
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  14. struth

    struth Well-Known Member

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    i literally listened to the press conference and watched it in contact.

    not cut and pasted

    sorry you don’t like what he said and harden been debunked
     
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  15. struth

    struth Well-Known Member

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    The UE plan will. This will help employees working and employers struggling.
     
  16. Lesh

    Lesh Banned

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    You didn't answer the question

    Where is the money coming from?
     
  17. US Conservative

    US Conservative Well-Known Member Past Donor

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    Its been widely debunked. His leftist source as well.
     
  18. Lesh

    Lesh Banned

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    So how are tax payers going to PAY BACK the money not taken out of their checks?

    The way this is structured they WILL have to do that
     
  19. Ronstar

    Ronstar Well-Known Member Past Donor

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    How will Trump fund Medicare and SS if he kills FICA?
     
  20. fmw

    fmw Well-Known Member

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    After all the time you have spent on this forum I would think you had a basic understanding about how government does things. FICA taxes have never been used specifically to pay for SS. They go into the general fund. SS is paid from the general fund just like employee salaries. This tax cut, like all tax cuts would simply move spending from revenue to debt.
     
  21. doombug

    doombug Well-Known Member

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    How will tax payers pay any of the government programs back?
     
  22. doombug

    doombug Well-Known Member

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    Suddenly you are worried about how something will be funded? LOL! You are pulling our legs right?
     
  23. Lesh

    Lesh Banned

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    This does not REMOVE that tax. It DEFERS it.

    Do you not understand what "defers" ,means?
     
  24. Lesh

    Lesh Banned

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    There's no "suddenly" about it.

    Social Security and Medicare are self funding programs. This would end that and subject those programs to the whims of GOP "cost cutters"
     
  25. BleedingHeadKen

    BleedingHeadKen Well-Known Member Past Donor

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    Inflation is a function of money supply. Increasing the money supply in the marketplace is a major felony. Tell me, how do you think inflation is created in the marketplace? Secular deflation, I can understand, since, as productivity grows, few units of money are needed to purchase the same goods. You'll probably try to tell me that's a bad thing.

    Just one time?

    https://fee.org/articles/hyperinflation-arrives-in-the-middle-east/[/quote][/QUOTE]
     
    Last edited: Aug 10, 2020

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