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Thread: Congress Said to Delay Automatic Budget Cuts Until March

  1. #31
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    Re: Congress Said to Delay Automatic Budget Cuts Until March

    Quote Originally Posted by ttwtt78640 View Post
    The means testing idea is a good one for SS/Medicare perhaps with a limit of 250% of the maximum SS benefit as the "test". The increasing of the retirement age, however, ignores an important FACT. While SOME jobs are able to be done by people over 70, many are not, so as you raise the MINIMUM retirement age you drastically increase those that would qualify for much HIGHER benefits by attaining a "disabled" status. Allowing a construction trades worker to retire at age 65-69 makes SENSE, but raising that age a bit would give many of them a 30% RAISE in their INITIAL SS benefits as they can then legitimately claim to be "disabled" from working in that profession. Lifting the current wage cap is another thing that would extend the viability of the SS/Medicare system, with little pain being inflicted on the affected workers (except for those "self-employed"). Obama, however, did the DUMBEST thing possible, which was the "temporary" cut in ALL FICA withholding taxes. Yes he did!
    You continually refuse to understand that raising taxes on those that spend all their income is self-defeating, the additional money just comes right out of spending and GDP. Taxing income NOT spent has no such problem. The prograssive tax system is the basis for our growth and prosperity since WWII and the further we dilute it's effects the worse our economy has become. Facts and data don't lie.

  2. #32
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    Re: Congress Said to Delay Automatic Budget Cuts Until March

    Alright, I think I just became pro-second amendment. Who wants to go to Congress, have a mock trial and then hang these sons of bitches?

    I'm driving.
    I refuse to accept the view that mankind is so tragically bound to the starless midnight of racism and war that the bright daybreak of peace and brotherhood can never become a reality. - MLK

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