Page 98 of 194 FirstFirst ... 488896979899100108148 ... LastLast
Results 971 to 980 of 1936

Thread: Employers add no net jobs in Aug.; rate unchanged

  1. #971
    Sage
    AdamT's Avatar
    Join Date
    Jul 2011
    Last Seen
    02-13-13 @ 04:09 PM
    Gender
    Lean
    Undisclosed
    Posts
    17,773

    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Conservative View Post
    I keep hearing about that outstanding Clinton economy, how much was paid back to the SS fund then? Politicians have no problem spending money but do have a problem paying back the Treasury.
    Social Security is not in terrible shape. If that's all we had to worry about we would be fine. The point is that we had an opportunity to pay down debt over an extended period of time, and we blew it. Now we're paying the piper.

  2. #972
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 01:37 PM
    Gender
    Lean
    Conservative
    Posts
    67,270

    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by AdamT View Post
    Social Security is not in terrible shape. If that's all we had to worry about we would be fine. The point is that we had an opportunity to pay down debt over an extended period of time, and we blew it. Now we're paying the piper.
    Are you really this naive? Do you understand what an IOU is? Ever tried to spend an IOU at the grocery store? IOU's have to be funded and that is on top of the debt we have. You don't appear to have a clue

  3. #973
    Professor

    Join Date
    Jan 2011
    Last Seen
    03-23-13 @ 02:33 AM
    Gender
    Lean
    Conservative
    Posts
    1,265

    Re: Employers add no net jobs in Aug.; rate unchanged

    =Conservative;1059782249]No one is condoning the amount "Bush" Spent but Bush never ran trillion dollar deficits and Bush had 9/11 which GAO puts the cost at over a trillion dollars in direct and indirect costs. I wasn't happy with Bush but faced with the alternative of Gore or Kerry, I chose wisely. Today I will never support sending more money to the Federal Govt. politicians that created this 14.6 trillion dollar debt. why reward bad behavior. It is time to cut Federal Spending and stimulate the private sector to grow our way out of this debt. Not going to happen by just slowing the growth of spending.
    Okay, I understand what you are saying to a degree, but again, like Clinton or hate him, we had a good economy under him, and I'm not saying he did anything to influence that, but he didn't get in the way either. I'm only pointing this out to show that the tax rates in place at the time, didn't stop the growth of business, now certainly you can agree with that ?
    Again, I agree I didn't like Gore or Kerry either. That has nothing to do with what was done. I agreed the tax cuts of 2003 were need to help jump start the economy, but knowing the war was going to be costly, IMO it was very short sighted of him to wait until 2010 to have them expire. 3 years should have been ample time, (and in fact was) to get our economy back on track. Raising those taxes back up would have been the prudent thing to do to help pay for the war, That tax increase could well have been set up to sunset out in five years or whatever time was deemed needed to finish what we started.


    I am willing to send nothing more to the govt. until they get serious about debt reduction and that isn't going to happen by massive expansion of the Federal reach on things like Obamacare and other social engineering programs. That is the responsibility of the states not the Federal Govt. I am one of those conservatives that believe we have a spending problem not a revenue problem. In addition to the 47% of income earners that don't pay any FIT, we have 25 million unemployed and under employed Americans that aren't paying much either. Instead of creating an atmosphere that promotes job growth this govt. is destroying jobs
    You're not alone, I have said we have a spending problem until I'm blue in the face, and I thought that is what I was saying is that I want to see real honest to goodness cuts before giving them any more money to spend... until I see that from them. Yes if their was ever a balanced budget Amendment put in place, then I would be all for an immediate tax hike, that could only be used to pay on the principle of our debt and nothing else.


    Totally agree, we need a flat tax so that everyone pays something. Think of what $100 a year would generate from those 47% of the 140 million American workers that aren't paying any FIT? I want to see a govt. down to the 1.6 trillion dollar range and ould start by taking SS and Medicare off budget immediately. I then would bill every foreign country or deduct it from their foreign aid for illegals from their countries using our ER's. The only way I would support a tax increase is with a balanced budget amendment and then taking the existing debt and pay it off with a debt tax in the form of a Federal Sales Tax. The balanced budget amendment would have to be enforceable though.
    Now as for those 47% that pay nothing in federal income tax, you and I are in complete agreement on this, each and every one of them should pay something even if only 2 or 3 dollars a week, everyone needs to pay for the privilege of living here, everyone. I was only pointing out that the Bush tax cuts, increased the number of people paying nothing.

    Come on, you can't take SS and Medicare off the table immediately, that's just telling people that have paid in for the last 20, 30 or more years that they just got hammered with a huge tax increase.
    SS is easily fixed, by simply ending early retirement now, and adding one more year of working for those that are 55, and two more years for those that are 45, and 3 more years for those that are 35 The only possible way to end SS would be to pay back every person the full amount plus a nominal interest rate of what they have paid in.

  4. #974
    Sage
    AdamT's Avatar
    Join Date
    Jul 2011
    Last Seen
    02-13-13 @ 04:09 PM
    Gender
    Lean
    Undisclosed
    Posts
    17,773

    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Conservative View Post
    Are you really this naive? Do you understand what an IOU is? Ever tried to spend an IOU at the grocery store? IOU's have to be funded and that is on top of the debt we have. You don't appear to have a clue
    You really don't know what the situation is, do you? We have many years to address the SS situation.

    "The literal bottom line is that Social Security is financially more sound than the federal government as a whole.

    Thanks to hikes in the Social Security payroll tax in the 1980s designed to create a surplus to handle the crunch of baby-boomer retirements, the program's trust fund is projected to grow steadily for nearly 20 more years — until 2027.

    After that, officials estimate there will be sufficient money to pay 100 percent of benefits until 2041, when the surplus is expected to be exhausted. From that year on, payroll tax revenue alone should be able to meet 78 percent of the program's obligations — even if no changes are made.

    That would mean substantially smaller checks — but a long way from nothing."

    Social Security more solvent than most Americans realize - News - Ohio

  5. #975
    Sage
    Boo Radley's Avatar
    Join Date
    Dec 2009
    Last Seen
    11-22-17 @ 04:22 PM
    Gender
    Lean
    Liberal
    Posts
    36,858

    Re: Employers add no net jobs in Aug.; rate unchanged

    I give you some credit Barbarian, you post shows you do see beyond partisanship. I may and do not agree with you on every point above, but it is a reasonable post. Kudos.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  6. #976
    Banned
    Join Date
    Aug 2011
    Location
    Windy City
    Last Seen
    09-21-11 @ 11:55 AM
    Gender
    Lean
    Slightly Conservative
    Posts
    397

    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Conservative View Post
    Are you really this naive? Do you understand what an IOU is? Ever tried to spend an IOU at the grocery store? IOU's have to be funded and that is on top of the debt we have. You don't appear to have a clue

  7. #977
    Sage

    Donc's Avatar
    Join Date
    Sep 2007
    Location
    out yonder
    Last Seen
    12-06-17 @ 09:26 PM
    Gender
    Lean
    Slightly Liberal
    Posts
    9,426

    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by Conservative View Post
    Did you serve in Iraq or how did Iraq affect you or your family?
    How about As of Tuesday Sept. 6, 2011 4,474 members of the U.S. military have died in Iraq plus three trillion(at least)dollars of our treasury.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

  8. #978
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 01:37 PM
    Gender
    Lean
    Conservative
    Posts
    67,270

    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by AdamT View Post
    You really don't know what the situation is, do you? We have many years to address the SS situation.

    "The literal bottom line is that Social Security is financially more sound than the federal government as a whole.

    Thanks to hikes in the Social Security payroll tax in the 1980s designed to create a surplus to handle the crunch of baby-boomer retirements, the program's trust fund is projected to grow steadily for nearly 20 more years — until 2027.

    After that, officials estimate there will be sufficient money to pay 100 percent of benefits until 2041, when the surplus is expected to be exhausted. From that year on, payroll tax revenue alone should be able to meet 78 percent of the program's obligations — even if no changes are made.

    That would mean substantially smaller checks — but a long way from nothing."

    Social Security more solvent than most Americans realize - News - Ohio
    Right, IOU's are counted as an asset, try spending one? Do you have any clue where the money is going to come from and what the total backing of the U.S. Govt means? The money is going to be there but from where? think about it, where are we going to come up with trillions of dollars to fund those IOU's

    Social Security IOUs stashed away - Washington Times

  9. #979
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 01:37 PM
    Gender
    Lean
    Conservative
    Posts
    67,270

    Re: Employers add no net jobs in Aug.; rate unchanged


  10. #980
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 01:37 PM
    Gender
    Lean
    Conservative
    Posts
    67,270

    Re: Employers add no net jobs in Aug.; rate unchanged

    Quote Originally Posted by donc View Post
    How about As of Tuesday Sept. 6, 2011 4,474 members of the U.S. military have died in Iraq plus three trillion(at least)dollars of our treasury.
    So how do we change that and what do we do now to solve our financial problems? Keep looking back and ignoring what is going in right now

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •