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

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

    Quote Originally Posted by Gimmesometruth View Post
    Between what?
    Read the article and see if you can figure out if this is a cash flow insolvency or a balance sheet insolvency. You don't seem to understand that we are running trillion dollar deficits and there isn't the cash you think to pay those obligations therefore the govt. is going to have to print or borrow the money. How does that affect you, your kids, your grandkids, and the economy?

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

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

    QUOTE Conservative

    Wow, yes, raise taxes on everyone at the top end to fund someone else's retirement supplement?
    Why should someone making a $mill a year skate after they pay the full Monty for the year by the middle of Feb? The shrinking middle-class is humping all year to pay his/hers.
    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

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

    Quote Originally Posted by Conservative View Post
    Read the article and see if you can figure out if this is a cash flow insolvency or a balance sheet insolvency. You don't seem to understand that we are running trillion dollar deficits and there isn't the cash you think to pay those obligations therefore the govt. is going to have to print or borrow the money. How does that affect you, your kids, your grandkids, and the economy?
    So.....where did I not understand the difference between BS and CF accounting?

    And again (we just went over this same exact point a few pages ago) we have enough funds to cover current SS/MC outlays, and since govt is not using balance sheet accounting.....you and the article are still incorrect.

    QED (again).

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

    Quote Originally Posted by Donc View Post
    Why should someone making a $mill a year skate after they pay the full Monty for the year by the middle of Feb? The shrinking middle-class is humping all year to pay his/hers.
    Skate? You certainly have a weird definition of skate? Did they put their money as required into SS? Why shouldn't they get their money back? Interesting how you feel that someone else should pay for your retirement supplement along with all other personal responsibility issues.

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

    Quote Originally Posted by Gimmesometruth View Post
    So.....where did I not understand the difference between BS and CF accounting?

    And again (we just went over this same exact point a few pages ago) we have enough funds to cover current SS/MC outlays, and since govt is not using balance sheet accounting.....you and the article are still incorrect.

    QED (again).

    Wash, rinse, repeat.
    Aw, don't worry, the money tree will always continue to grow dollar bills, right? Isn't that the way it works in the liberal world?

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

    Quote Originally Posted by Conservative View Post
    Skate? You certainly have a weird definition of skate? Did they put their money as required into SS? Why shouldn't they get their money back? Interesting how you feel that someone else should pay for your retirement supplement along with all other personal responsibility issues.
    Sure they "they put their money as required into SS"but not the same % of pay as the working middle-class.Why do you feel that the top 1%-2% should pay less of a % of SS taxes than the 98% of us?
    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

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

    Quote Originally Posted by Donc View Post
    Sure they "they put their money as required into SS"but not the same % of pay as the working middle-class.Why do you feel that the top 1%-2% should pay less of a % of SS taxes than the 98% of us?
    Why should they put more than they will ever get out of SS? What is it about liberals who believe it is always someone else's responsibility to pay for your personal responsibility issues? SS is a retirement supplement that goes back to the individual. You liberals are really brainwashed into believing that someone else should fund it for you.

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

    Quote Originally Posted by Conservative View Post
    LOL, yep, how long do you think Business would fund those programs and not pass on the costs to the consumer?
    We already do via taxation to some extent. How many businesses do you think would survive with sickly homeless workers showing up?
    Last edited by winston53660; 07-24-13 at 11:09 PM.

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

    Quote Originally Posted by Conservative View Post
    Why should they put more than they will ever get out of SS?
    Weren't you the one who was concerned enough to post this statement in #1662?

    “Where is the money going to come from to pay those IOU's that in your world aren't long term obligations? “
    What is it about a conservatives that makes them feel that the 98% should pay 4.2% while someone like mittens pays a minuscule 0.1%?
    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

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

    Quote Originally Posted by Conservative View Post
    Why should they put more than they will ever get out of SS? What is it about liberals who believe it is always someone else's responsibility to pay for your personal responsibility issues? SS is a retirement supplement that goes back to the individual. You liberals are really brainwashed into believing that someone else should fund it for you.
    Why should you buy insurance for your house? Are you just hoping it burns down so you can get more back? Than you paid into the insurance pool.

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