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Thread: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

  1. #1631
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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    So the answer is as usual you refuse to answer so let me help you. You were coerced into putting money into SS and yes it is a future obligation owed to you that has been spent. Paying more in that going out doesn't change the fact that SS is a future obligation in the amount you contributed with maybe the hope of a little return. Light bulb go off yet?
    Future liability is not a deficit, no matter how much you wish it were.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Gimmesometruth View Post
    Which means that Reagan did the same thing.


    Reagan's % increase is greater and his recession spending was greater while his recession was smaller


    Absolutely false
    When we pay debt service on the percentage change then I will be concerned about it. somehow a 1.7 trillion dollar debt is worse than a 6.2 trillion dollar debt in the liberal world. New liberal math?

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Gimmesometruth View Post
    Which means that Reagan did the same thing.


    Reagan's % increase is greater and his recession spending was greater while his recession was smaller


    Absolutely false
    Conservative believes the majority of Americans are as mathematically illiterate as him.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Kushinator View Post
    Future liability is not a deficit, no matter how much you wish it were.
    Never said it was a deficit but did say it wasn't a surplus, it is a future liability that has to be funded. Taking the money now an spending it doesn't change that liability and has to be funded somehow. Where is the money going to come from in a declining labor force?

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Kushinator View Post
    Conservative believes the majority of Americans are as mathematically illiterate as him.
    No, sorry, I never have been a liberal. Let me know if the country pays debt service on the percentage change in debt or the actual dollars of debt?

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    How anyone can continue to support the liberal ideology is beyond me. What is it about liberalism that creates this kind of loyalty? What exactly in the article is wrong? Your were forced to contribute to SS, your contribution is a future obligation to the Federal govt. thus an expense. Your contribution has been spent on something else and eventually has to be funded. Where does the money come from? Light bulb go off yet or are you too immature to admit you are wrong??
    Among the many errors, the biggest one is the idea that my contribution "is a future obligation to the Federal govt". You can't express this correctly and I think it is still your greatest misconception....or is it a problem of sentence formation...I just don't know.
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    He didn't say it didn't make sense. He said it is complete nonsense.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Gimmesometruth View Post
    Among the many errors, the biggest one is the idea that my contribution "is a future obligation to the Federal govt". You can't express this correctly and I think it is still your greatest misconception....or is it a problem of sentence formation...I just don't know.
    Really? So who is obligated to pay you your SS benefits if not the Govt? Do you understand the term liability? The govt owes you the money thus it is a future obligation. You simply cannot admit that you are wrong. Doubt that light bulb will ever go off.

    So your contribution is to charity and not SS?

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Conservative View Post
    No, sorry, I never have been a liberal. Let me know if the country pays debt service on the percentage change in debt or the actual dollars of debt?
    Should I give you a club and mammoth pelt to go with your understanding of contemporary finance?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    I think we have proof AM radio signals kill brain cells!

  10. #1640
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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Kushinator View Post
    Should I give you a club and mammoth pelt to go with your understanding of contemporary finance?
    You are free to give away whatever you want including you bogus opinion and total lack of understanding of where your SS dollars go. Your book smart street stupid arguments may make you feel good and superior but are out of touch with reality. Where is the money going to come from to fund your SS retirement supplements?

    Social Security is Much Worse Than a Ponzi Scheme - and Here's How to End It - Forbes

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