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Thread: BREAKING: President Obama Addresses the Nation Tonight at 9

  1. #291
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    Re: BREAKING: President Obama Addresses the Nation Tonight at 9

    Quote Originally Posted by apdst View Post
    Because they pay into it. It's their money. They should be allowed to get it back once they reach retirement age.
    Agreed, but the post you were responding wasn't arguing that the rich should not receive SS. You are arguing a straw man. No one has argued that the rich should not collect SS
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: BREAKING: President Obama Addresses the Nation Tonight at 9

    Quote Originally Posted by tessaesque View Post
    Food for thought.

    At 250K in earned income every year for 35 years (age 30 to 65), you and your employer will have put in $108,500 to SS. That will pay for 5 years worth of benefits for that recipient if they are 66 at retirement.

    At 40k in earned income every year for 35 years, you and your employer will have put in $17,640.00. That will pay for 14 months of benefits at the current payout if you are 66 at retirement.

    At 70K in earned income every year for 35 years, you and your employer will have put in 30,870.00. That will pay for 17 months of benefits at the current payout if you are 66 at retirement.

    (These are rough figures based the SS calculator and current withholdings rates from the IRS website).
    Those figures have nothing to do with how SS works. The money doesn't go into a savings acct.
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  3. #293
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    Re: BREAKING: President Obama Addresses the Nation Tonight at 9

    Quote Originally Posted by sangha View Post
    If you don't care, then why did you mention it several times in your posts?

    And funny how the right only worries about spending when there's a democrat in the white house. They had no concern about spending when the republicans held the white house, the senate and the house and spent like drunken sailors on leave (except that those sailors are spending their own money).

    And funny how, in spite of your lack of concern for those who pay no FIT, you are once again using them in support of the rightwings desire to redistribute wealth. And once again, you focus on FIT to the exclusion of all else.

    The rich can afford the lefts spending better than they can afford the republicans spending sprees, which account for the large majority of this nations debt

    You keep posting meaningless charts that you don't even understand. Where do you get your misinformation? Interesting how the charts only go to 2008. Wonder why? could it be the 4 trillion "your" President has added to the debt?

    Then there is a very simple question, did Bill Clinton sign budgets more or less than Congress sent him?

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    Re: BREAKING: President Obama Addresses the Nation Tonight at 9

    Quote Originally Posted by apdst View Post
    There's no way that the defence budget is the only reason we're running a deficit.
    Another straw man. I never said the defense budget is the only reason we're running a deficit.
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: BREAKING: President Obama Addresses the Nation Tonight at 9

    Quote Originally Posted by Conservative View Post
    Where do you get your misinformation? Defense is 700 billion and SS/Medicare is almost double that
    Defense is completely funded by the govt with money from the general funds. SS and medicare are funded with dedicated funds.

    Defending Germany from invasion by the non-existent USSR produces nothing of value. SS and Medicare are productive
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: BREAKING: President Obama Addresses the Nation Tonight at 9

    Quote Originally Posted by Conservative View Post
    You are the one talking about reducting payroll taxes and don't even know what payroll taxes fund. Amazing how people making 50,000 in your world cannot pay anything in FIT.
    Do you have proof people making $50K/YR pay no taxes? People who have an AGI of $50K do in fact pay taxes.


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    Re: BREAKING: President Obama Addresses the Nation Tonight at 9

    Quote Originally Posted by sangha View Post
    Defense is completely funded by the govt with money from the general funds. SS and medicare are funded with dedicated funds.

    Defending Germany from invasion by the non-existent USSR produces nothing of value. SS and Medicare are productive
    Yes, and then put on budget to be wasted. Why is SS on budget?

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    Re: BREAKING: President Obama Addresses the Nation Tonight at 9

    This is my first post here and I could not resist responding to this. I would agree that he is our President but I will not support the notion that he is a leader. That has been proven not only in this "crisis" but others as well.

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    Re: BREAKING: President Obama Addresses the Nation Tonight at 9

    Quote Originally Posted by Conservative View Post
    You keep posting meaningless charts that you don't even understand. Where do you get your misinformation? Interesting how the charts only go to 2008. Wonder why? could it be the 4 trillion "your" President has added to the debt?

    Then there is a very simple question, did Bill Clinton sign budgets more or less than Congress sent him?
    You have yet to show that I don't understand these charts, but you have mistated what at least one chart was saying.

    And the 4T in debt is the result of

    1) servicing the debt produced by reagan ghwb and bush*
    2)paying for Medicare D
    3) reduced GDP thanks to rightwing economic policies of bush*
    4) bloated pork ridden spending on Farm, Energy and Transportation bills
    5) TARP

    all passed under bush*. Obama has to pay for the out of control spending under bush and the republicans
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: BREAKING: President Obama Addresses the Nation Tonight at 9

    Quote Originally Posted by pbrauer View Post
    Do you have proof people making $50K/YR pay no taxes? People who have an AGI of $50K do in fact pay taxes.
    Never said they pay no taxes, they pay zero in FIT, there is a difference. Just like you ignore that the rich pay a lot more than FIT.

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