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Thread: State of the Union Address

  1. #451
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    Re: State of the Union Address

    Quote Originally Posted by Zyphlin View Post
    A 1/3rd cut to Entitlement spending would be about $150 billion more per year than your 3/4ths cut to Military spending.

    You save roughly $650 billion a year making a cut that's 5/12ths of a percent less (because as we all know, liberals care about the Percentage and not the raw number ).

    So cutting 1/3 from something that makes up just over 1/2 of the government saves you roughly $150 billion more a year than cutting 3/4ths out of something that makes up just under 1/4th of the government.

    That's 19.5 Trillion over your same 30 year time period. That's 2.5 trillion more than your total when you combine your 3/4ths of a cut with the bush tax cut removal.

    Ah my earlier proposal...the 1/3rd from both? That'd be 27 Trillion over 30 years...a full 10 trillion more than yours.
    Can you be more specific? Are you talking about cutting Medicare and Social Security? Or are you including them as entitlement programs? Because if you don't include either social security or medicaid, all other mandatory spending and discretionary spending totaled 1.1 trillion (in the FY 2010) and defense spending was 700 billion. Because in that case, a 1/3 cut of entitlement spending is approximately equal to a 1/2 cut of defense spending.

    It doesn't look like social security reform is going anywhere right now, so medicare reform and large cuts in discretionary spending along with a 1/3 cut in defense could probably save about 500 billion a year.

    But neither your statement nor mine means much of anything because it's much easier to say "cut defense spending" or "cut entitlements" than actually determining specific funding and expenditures you are cutting.
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  2. #452
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    Re: State of the Union Address

    Quote Originally Posted by Catawba View Post
    I didn't ignore it at all, in fact I noted that the only way in the last 30 years we have significantly reduced the deficit is when we both cut spending and increased taxes.
    But you DIDN'T mention it in the post that included the link to the polls.

    The congressional Republicans rejected the debt commissions proposals to increase taxes as it goes against the pledge they made to their benefactors.
    No WRONG AGAIN, the debt commission (Simpson/Bowles) proposals never made it to Congress.

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    Re: State of the Union Address

    Quote Originally Posted by AdamT View Post
    I'll give him a hand for getting to the root of the issue, which is health care costs -- not who pays them. Because ultimately someone has to pay them, and that is sucking the life blood out of our economy. Or are you proposing that we just let people die?

    What are you going to do when you cut Medicare by one third? ARE you going to let old people die because they can't pay the doctor or hospital? Serious question.

    So you are both right. Clearly we can't right this ship until we get Medicare costs in line, and clearly we cannot get Medicare costs in line unless we address the cost of health care itself.
    Quote Originally Posted by Catawba View Post
    You can call facts sacred cows if it make you happy. it still doesn't change the truth of what I am saying.

    For example, How does cutting medicare do anything to reduce the high health care cost?

    Now much of our National Debt is due to SS?
    Government spending accounts for roughly 60+% of all medical spending in the U.S.
    Soooo, cutting government spending in medical care will bring down the costs.

    And no, that doesn't mean letting people die, it means those who use government as a source of medical treatment, will have to share a greater burden of the cost.
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    Re: State of the Union Address

    Quote Originally Posted by Catawba View Post
    Now much of our National Debt is due to SS?
    As a percent of the national debt, it would be directly proportional to its percentage of total expenditures over a given amount of time. A simple analogy would be a household budget. If a family spent $10 total, and they spent $5 on food and $5 on water, assuming they financed half their expenditures with wages ($5) and the other half with debt ($5), the food would be responsible for 50% of the debt ($2.50) and the water would be responsible for the other 50% of the debt ($2.50). The only way this would not be the case is if you subjectively (arbitrarily) assigned priorities to each budgetary item and then calculated the percentage of debt needed to finance them on that basis.

    Brian
    Last edited by Free_Radical; 01-25-12 at 06:43 PM.

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    Re: State of the Union Address

    Quote Originally Posted by Catawba View Post
    You can call facts sacred cows if it make you happy. it still doesn't change the truth of what I am saying.

    For example, How does cutting medicare do anything to reduce the high health care cost?

    Now much of our National Debt is due to SS?
    Why is SS which was established as a retirement supplement put on budget. Although SS didn't cause the debt it made the debt look better than it actually is because now there are over 2.5 trillion in IOU's that have to be funded. Had SS not been used to fund govt. operations the debt would be at least 2.5 trillion higher.
    Last edited by Conservative; 01-25-12 at 06:44 PM.

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    Re: State of the Union Address

    Quote Originally Posted by Catawba View Post
    Please cite the portion of our National Debt attributable to SS. Because everything I've read is that through SS payments from payroll taxes, there is funding through 2036.
    The U.S. government owes the SS admin about 2.6 trillion.
    Bonds are debt instruments and the government is deeply in debt to itself.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: State of the Union Address

    Quote Originally Posted by Catawba View Post
    Please cite the portion of our National Debt attributable to SS.
    Cite the portion? I'm not sure what you mean by that.

    Because everything I've read is that through SS payments from payroll taxes, there is funding through 2036.
    Again, I'm not sure what you're getting at or how its relevant to what I said.

    Brian

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    Re: State of the Union Address

    Quote Originally Posted by Harry Guerrilla View Post
    Government spending accounts for roughly 60+% of all medical spending in the U.S.
    Soooo, cutting government spending in medical care will bring down the costs.

    And no, that doesn't mean letting people die, it means those who use government as a source of medical treatment, will have to share a greater burden of the cost.

    Fail. That does nothing to reduce costs for health care. It just reduces health care.
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    Re: State of the Union Address

    Quote Originally Posted by TurtleDude View Post
    I am watching a couple hot russian blondes shrieking at one another. sure beats watching a puke doing his best to ruin our country
    Which one of the 535 "Pukes" would you be talking about?

    You know, all the same Pukes that probably watch the hot Russian blondes in their plush Washington offices at our expense?

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    Re: State of the Union Address

    Quote Originally Posted by Free_Radical View Post
    As a percent of the national debt, it would be directly proportional to its percentage of total expenditures over a given amount of time. A simple analogy would be a household budget. If a family spent $10 total, and they spent $5 on food and $5 on water, assuming they financed half their expenditures with wages ($5) and the other half with debt ($5), the food would be responsible for 50% of the debt ($2.50) and the water would be responsible for the other 50% of the debt ($2.50). The only way this would not be the case is if you subjectively (arbitrarily) assigned priorities to each budgetary item and then calculated the percentage of debt needed to finance them on that basis.

    Brian
    Thanks for your opinion!
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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