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Reid says Obamacare just a step toward eventual single-payer system[W:1539]

Conservative said:
In theory, yes, in reality, Medicare and SS are examples of how it actually works. You simply don't get it and never will because you cannot admit you are wrong. You think with your heart and not your brain. All liberal programs sound good in theory but are run by humans with agendas. Until you correct the problem giving the govt. more money to spend isn't the answer.
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According to SS trusties,the Social Security system has a large and growing surplus. When BOCARE gets a few years under its belt it will take some of the pressure off of Medicare,much like this report by the CBO does.

Which estimates Medicare and Medicaid funding will be reduced by 15 percent or $200 billion by 2020.Which resulted in a premium reduction of 6% in 2012 and lower the annual deductible by $22 – a first in Medicare’s history. What’s not to like by these numbers?:2wave:

How does Obamacare affect my Medicare?: Linda Rhodes | PennLive.com
 
Donc said:
According to SS trusties,the Social Security system has a large and growing surplus. When BOCARE gets a few years under its belt it will take some of the pressure off of Medicare,much like this report by the CBO does.

Which estimates Medicare and Medicaid funding will be reduced by 15 percent or $200 billion by 2020.Which resulted in a premium reduction of 6% in 2012 and lower the annual deductible by $22 – a first in Medicare’s history. What’s not to like by these numbers?:2wave:

How does Obamacare affect my Medicare?: Linda Rhodes | PennLive.com
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Please post any link to the SS Trustees showing a large and growing surplus? Not sure what SS Trustees you are using but probably some leftwing loons claiming to be SS trustees

Trustees Report Summary


When you have 22 million unemployed/under employed/discouraged workers and baby boomers retiring there is no way there is ever going to be a surplus.
 
Conservative said:
Please post any link to the SS Trustees showing a large and growing surplus? Not sure what SS Trustees you are using but probably some leftwing loons claiming to be SS trustees

Trustees Report Summary


When you have 22 million unemployed/under employed/discouraged workers and baby boomers retiring there is no way there is ever going to be a surplus.
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From YOUR link.

" The asset reserves of the combined trust funds were $2.7 trillion at the end of 2012. The trust fund reserves decline on a present value basis after 2012, but remain positive through 2032.":lamo
 
Donc said:
From YOUR link.

" The asset reserves of the combined trust funds were $2.7 trillion at the end of 2012. The trust fund reserves decline on a present value basis after 2012, but remain positive through 2032.":lamo
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Assets include IOU's not cash, those IOU's have to be funded by cash. Where is the money going to come from to fund those IOU's? Do you know what an unfunded mandate is?
 
Donc said:
From YOUR link.

" The asset reserves of the combined trust funds were $2.7 trillion at the end of 2012. The trust fund reserves decline on a present value basis after 2012, but remain positive through 2032.":lamo
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SS IOU's don't seem to be something that you or most other liberals understand. Maybe this will explain it to you

Social Security IOUs stashed away - Washington Times

Included in that article is something you better take heed of and all other liberals touting the SS surplus

Now the government will have to borrow even more money, much of it abroad, to start paying back the IOUs, and the timing couldn’t be worse. The government is projected to post a record $1.5 trillion budget deficit this year, followed by trillion-dollar deficits for years to come.
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Conservative said:
Assets include IOU's not cash, those IOU's have to be funded by cash. Where is the money going to come from to fund those IOU's? Do you know what an unfunded mandate is?
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Those IOU's are the same as an IOU to China for whatever.We make the bill we pay the bill...plus the juice which is 1.458 percent.:2wave:
 
Donc said:
Those IOU's are the same as an IOU to China for whatever.We make the bill we pay the bill...plus the juice which is 1.458 percent.:2wave:
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I hope you are already drawing it. When the economy collapses the IOUs will be seen as just so much trash. There is no wealth to back up the paper. It is a Ponzi scheme and we are all its victims.
 
Misterveritis said:
I hope you are already drawing it. When the economy collapses the IOUs will be seen as just so much trash. There is no wealth to back up the paper. It is a Ponzi scheme and we are all its victims.
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And what would happen to your IRA,s if the "economy collapses"?Would we bail out the failed IRA,s like we did the banks?
 
Donc said:
Those IOU's are the same as an IOU to China for whatever.We make the bill we pay the bill...plus the juice which is 1.458 percent.:2wave:
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Do you people ever admit you are wrong, your SS contribution has been spent, replaced with an IOU. Those IOU's are coming due and we are trillions in debt now so where does the money come from? The United States doesn't have the cash to fund those IOU's so they borrow the money or print the money, both hurt the value of the dollar. I hope you are smarter than you appear. Please tell me this is an act?
 
Conservative said:
Do you people ever admit you are wrong, your SS contribution has been spent, replaced with an IOU. Those IOU's are coming due and we are trillions in debt now so where does the money come from? The United States doesn't have the cash to fund those IOU's so they borrow the money or print the money, both hurt the value of the dollar. I hope you are smarter than you appear. Please tell me this is an act?
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You act as if the issuer of these treasury securities doesnt have a revenue stream
 
winston53660 said:
You act as if the issuer of these treasury securities doesnt have a revenue stream
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Of course it has a revenue stream as do all Ponzi Schemes, tell me how much those 22 million unemployed/under employed/discouraged workers are paying into that revenue stream? I understand that you believe money grows on trees but that revenue stream isn't enough to prevent us from borrowing or printing money.
 
Conservative said:
Those IOU's are coming due and we are trillions in debt now so where does the money come from?
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I guess were going to have to find a way to FUND THE MONEY WE BORROWED EH?Perchance like raising the cap just a tad?:thumbs:
 
Conservative said:
Of course it has a revenue stream as do all Ponzi Schemes, tell me how much those 22 million unemployed/under employed/discouraged workers are paying into that revenue stream? I understand that you believe money grows on trees but that revenue stream isn't enough to prevent us from borrowing or printing money.
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Conservative said:
For a while? Two years? Yes I won't hire someone who has been out of work for 2 years, no initiative, no drive, and someone who has lived off the taxpayers for too long
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............
 
Conservative said:
And Medicare takes funds from you and me, is spent on things other than Medicare, yet dictates prices to individuals who don't have the ability to print money. It is trillions in unfunded liability and that liability has to be funded either by borrowing or printing money either way affects the value of your dollar and inflation. You are unbelievably naive.
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Yep, but those are other budget issues, not Medicare. So instead of whining about Medicare, which made life much better for seniors, whine about those other budget issues.

Again, what happens if you do away with Medicare?
 
Boo Radley said:
Yep, but those are other budget issues, not Medicare. So instead of whining about Medicare, which made life much better for seniors, whine about those other budget issues.

Again, what happens if you do away with Medicare?
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Medicare and SS were put on budget by LBJ in the 60's and there is where it remains. It is part of intergovt. holdings. Please learn what makes up the debt and get back to us so you stop making a fool of yourself
 
Conservative said:
Medicare and SS were put on budget by LBJ in the 60's and there is where it remains. It is part of intergovt. holdings. Please learn what makes up the debt and get back to us so you stop making a fool of yourself
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Actually, you're the one making a fool of yourself. Nothing I said disputes that at all. You are seriously confused.
 
Boo Radley said:
Actually, you're the one making a fool of yourself. Nothing I said disputes that at all. You are seriously confused.
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Well, then we have nothing more to talk about as you will always let your feelings get in the way of facts.
 
Conservative said:
Well, then we have nothing more to talk about as you will always let your feelings get in the way of facts.
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:lamo:lamo:lamo

Ok, it was just a diversion on you part. I should have known.
 
Donc said:
And what would happen to your IRA,s if the "economy collapses"?Would we bail out the failed IRA,s like we did the banks?
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Typically when economies collapse anything that is not actual wealth collapses too. Stocks in companies that sell things of value may be less harmed but all will be harmed.

Imagine the day, and it will come, when no one will cash a social security check because it has no real value.
 
Donc said:
Kinda looks like Mitch and Rand got something besides Ham and eggs for breakfast this week. :2wave:

<The governor compared health insurance to "the safety net of crop insurance" and said farmers need both. He said 640,000 Kentuckians—15 percent of the state—don't have health insurance and "trust me, you know many of those 640,000 people. You're friends with them. You're probably related to them. Some may be your sons and daughters. You go to church with them. Shop with them. Help them harvest their fields. Sit in the stands with them as you watch your kids play football or basketball or ride a horse in competition. Heck, you may even be one of them.">

Obamacare Showdown Over a Ham Breakfast in Kentucky - NationalJournal.com
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I suppose the follow up would be to ask the governor why Kentucky doesnt do something about Kentucky? Why is it 49 other state's problem?

About half the audience burst into applause at that point while the other half sat on their hands. But he wasn't done. He cited a study that showed the law would inject about $15.6 billion into the Kentucky economy over eight years, create 17,000 new jobs, and generate $802 million for the state budget.
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By taking money from someone else. Same thing happens with agriculture subsidies. Is Kentucky just going to become one big welfare state?

"It's amazing to me how people who are pouring time and money and energy into trying to repeal the Affordable Care Act sure haven't put that kind of energy into trying to improve the health of Kentuckians. And think of the decades that they have had to make some kind of difference," Beshear finished pointedly.
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I sure hope someone asked him why he didnt put so much energy in finding a local solution to a local problem instead of waiting on anyone else to take care of it.
 
jonny5 said:
I suppose the follow up would be to ask the governor why Kentucky doesnt do something about Kentucky? Why is it 49 other state's problem?



By taking money from someone else. Same thing happens with agriculture subsidies. Is Kentucky just going to become one big welfare state?



I sure hope someone asked him why he didnt put so much energy in finding a local solution to a local problem instead of waiting on anyone else to take care of it.
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What you are seeing here is typical liberalism where liberals cannot sell their ideas to the people of their state and thus want the Federal Govt. to force a national program to do it for them. The one size fits all program liberals love to promote ignores history as well as personal responsibilities. Liberals love to social engineer and throw more money at the problem as long as it is someone else's. Healthcare is indeed a problem but it is a local problem due to local costs and local social issues and to have the Federal Govt. implement a program on a national scale would be a disaster.
 
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