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Thread: United States loses its AAA Credit rating from S & P

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by pbrauer View Post
    Social Security is working like they planned it to work back in 1983. The concern back then was the retiring baby boomers so the strategy was to build up a huge trust fund to handle it. Seriously, you don't know this????
    What part of the country being broke don't you understand? SS has been used on budget and IOU's are there to pay you. The Govt has to borrow money to pay for those IOU's and pay you and others their SS. I don't understand liberals like you who just don't seem to get it. SS was never intended to be on Budget, first it was never intended to be paid out but then LBJ put it on budget to fund the Vietnam war. Your SS contributions are gone. Those bonds are worthless until money is borrowed to pay them. This is unbelievable!

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by hazlnut View Post
    People didn't live as long.

    Science is keeping people alive longer. Blood pressure pills. Cholesterol pills. Advanced end of life care. ETC.
    Some people are living longer, but sadly those people who need SS the most are not living that much longer, because they don't have access to healthcare.


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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by pbrauer View Post
    Some people are living longer, but sadly those people who need SS the most are not living that much longer, because they don't have access to healthcare.
    no American is prevented from getting healthcare but that doesn't stop you from demanding that the Federal Taxpayers fund your local healthcare. Romney got it right, healthcare is a state issue, not a Federal one. States rights are something you don't seem to understand and I know you don't support.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Conservative View Post
    What part of the country being broke don't you understand? SS has been used on budget and IOU's are there to pay you. The Govt has to borrow money to pay for those IOU's and pay you and others their SS. I don't understand liberals like you who just don't seem to get it. SS was never intended to be on Budget, first it was never intended to be paid out but then LBJ put it on budget to fund the Vietnam war. Your SS contributions are gone. Those bonds are worthless until money is borrowed to pay them. This is unbelievable!
    Your rhetoric is a steaming pile of unadulterated BS. LBJ was President after Reagan?


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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by pbrauer View Post
    Your rhetoric is a steaming pile of unadulterated BS. LBJ was President after Reagan?
    What the hell are you talking about? LBJ put SS on budget, NOT Reagan. Reagan took over a SS fund that was almost bankrupt and raised SS taxes to make it more solvent. FDR created SS and it was never intended to be on budget but LBJ did it to use the surplus to pay for the Vietnam war. How did that work out for you?

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Conservative View Post
    What the hell are you talking about? LBJ put SS on budget, NOT Reagan. Reagan took over a SS fund that was almost bankrupt and raised SS taxes to make it more solvent. FDR created SS and it was never intended to be on budget but LBJ did it to use the surplus to pay for the Vietnam war. How did that work out for you?
    What did your hero say in the video? Did you watch it???


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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by pbrauer View Post
    What did your hero say in the video? Did you watch it???
    No, don't care about the video as it is irrelevant now. My hero doubled GDP, almost doubled govt. revenue, created 17 million jobs and is ranked as one of the top 10 Presidents in history. I gave you the facts about SS and you ignored them as usual. Your agenda is to distort and divert from the Obama record and the thread topic. Just a reminder, Obama inherited a AAA credit rating from Bush.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Conservative View Post
    No, don't care about the video as it is irrelevant now. My hero doubled GDP, almost doubled govt. revenue, created 17 million jobs and is ranked as one of the top 10 Presidents in history. I gave you the facts about SS and you ignored them as usual. Your agenda is to distort and divert from the Obama record and the thread topic. Just a reminder, Obama inherited a AAA credit rating from Bush.
    Your hero tripled the national debt and raised taxes 11 times.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by AdamT View Post
    Your hero tripled the national debt and raised taxes 11 times.

    And he increased deficit spending from 2.7% to and average of 4.2%

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by AdamT View Post
    Your hero tripled the national debt and raised taxes 11 times.
    Don't vote for Reagan in 2012. Why would you vote for Obama? Is 1.7 trillion Reagan debt more or less than the 4 trillion Obama debt? Wasn't Reagan's for 8 years and Obama for less than 3? Ask your parents if their income taxes went up under Reagan?

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