Where does the payback of SS and Medicare come from?
"Payback"? You mean "benefits"? From the Trust Fund.
>>Do you know what an unfunded liability is?
Yes, but it looks like you don't. SS and Medicare are pay-as-you-go.
>>When you put your money into SS and Medicare and it is spent on something else where does the money come from to return to you when you retire?
It comes from the people who borrowed it and then paid it back with interest — the American public.
>>I pay what I owe, I don't get a cent from what you owe.
Wrong. You can't afford to pay for the U.S. Marine Corps.
>>And if a frog had wings it wouldn't bump it's ass hopping. Still irrelevant.
This goes back to my saying that "the Internet grew out of federal spending." That is undeniably relevant history involving, as I noted, "a prime example of the importance of government spending to scientific advances and innovation."
>>How much more expensive exactly? Tell me all about the hypothetical increase that never happened
No. Figure it out for yerself.
>>fact is you don't know what would happen nor would anyone else.
Experts can offer useful opinions.
>>For all we know the costs would have stayed the same or gone down or new car companies would have taken their place and we'd be better off.
For all we know, frogs can fly.
>>Therefore, another irrelevant and non-fact based opinion.
It's common sense. Well, common to most people.
>>And a great argument point. Well done!
This goes back to yer claim that the taxes other people pay don't benefit you because they are required by law. All I can do is alugh at such nonsense.
>>Is it a reasonable choice?
[To go to prison rather than pay taxes.] What does it matter if it's reasonable? The point is that the taxes other people pay BENEFIT YOU.
>>That you don't think, as you said, is the main issue.
Humourous to an eight-year-old, perhaps.
Credibility is a hard thing to recover and you lost yours a long time agommi;1064757332]Neither. It's a stupid lie.
Social Security History
Now I could say you are lying but will simply state you aren't knowledgeable enough to know what you are talking about"On-Budget"-
In early 1968 President Lyndon Johnson made a change in the budget presentation by including Social Security and all other trust funds in a"unified budget." This is likewise sometimes described by saying that Social Security was placed "on-budget."
Where does the payback of SS and Medicare come from?
Both, FICA funds SS and Medicare which once again shows you have no concept of the taxes you pay or their purpose. AS I have shown you SS and Medicare were put on budget and have been spent leaving an unfunded liability(promise to people like you) and that doesn't bother you at all because like all liberals you just go out to the money tree and pick off a few dollars when you need them. This is total ignorance on your part"Payback"? You mean "benefits"? From the Trust Fund.
Yes, you paid as you went, your money was spent so where are your benefits going to come from? Do you know what a Ponzi scheme is?Yes, but it looks like you don't. SS and Medicare are pay-as-you-go.
So you believe the American people borrowed the money and are paying it back with interest? I hope people here can see what a problem liberalism is and how ignorant your comments are. The Govt. borrowed the money, spent it, and has to print it or borrow it to pay it back. Any idea how that is going to affect any children you have?It comes from the people who borrowed it and then paid it back with interest — the American public.
>>The ACA subsidies to insurers for losses derived from Exchange plans will end in 2017. Do you think things will get better after that?
As always, the ACA will prove to be a disaster … next year.
Dec 2009 — 110.5 million
May 2015 — 121.4 million
Total part-time employment
Dec 2009 — 27.5 million
May 2015 — 27.5 million
Part-time employment for economic reasons
Dec 2009 — 9.1 million
May 2015 — 6.6 million
>>What is it about liberalism that creates this kind of loyalty?
Why do keep repeating the same lies in one thread after another? I suppose you realize that some of them will not be refuted. Sort of a spamming strategy.
Recession began December 2007, Obama took office January 2009 and in January 2011 there were 139 million working Americans. Apparently that is a liberal success story regarding the stimulusOriginal Data Value
Series Id: LNS12000000
Series title: (Seas) Employment Level
Labor force status: Employed
Type of data: Number in thousands
Age: 16 years and over
Years: 1980 to 2015
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2007 146028 146057 146320 145586 145903 146063 145905 145682 146244 145946 146595 146273
2008 146378 146156 146086 146132 145908 145737 145532 145203 145076 144802 144100 143369
2009 142152 141640 140707 140656 140248 140009 139901 139492 138818 138432 138659 138013
2010 138438 138581 138751 139297 139241 139141 139179 139438 139396 139119 139044 139301
2011 139267 139400 139649 139610 139639 139392 139520 139940 140156 140336 140780 140890
2012 141633 141911 142069 141953 142231 142400 142270 142277 142953 143350 143279 143280
2013 143328 143429 143374 143665 143890 144025 144275 144288 144297 143453 144490 144671
2014 145206 145301 145796 145724 145868 146247 146401 146451 146607 147260 147331 147442
2015 148201 148297 148331 148523
Please note it took until mid 2012 to get back to the numbers Obama inherited and mid 2014 to get back to the December 2007 levels. You keep defending the indefensible, why?
At no time has anyone suggested the federal government start a health insurance company, offering plans to the general public through the exchanges or otherwise.
>>Where does the payback of SS and Medicare come from?
I just answered that.
>>FICA funds SS and Medicare which once again shows you have no concept of the taxes you pay or their purpose.
FICA now partially funds Medicare. I'll let you figure out where the rest comes from.
>>AS I have shown you SS and Medicare were put on budget
You haven't shown me that. I've known it for about forty years, since I first started learning about fiscal policy.
>>and have been spent leaving an unfunded liability
Wrong. Money has been borrowed for the SS Trust Fund and has been and is being paid back with interest. There is no "unfunded liability" in a pay-as-you-go system.
>>This is total ignorance on your part
No, it's just yer usual drivel.
>>Yes, you paid as you went, your money was spent so where are your benefits going to come from?
From the Trust Fund.
>>Do you know what a Ponzi scheme is?
Do you think SS is a Ponzi scheme?
>>So you believe the American people borrowed the money and are paying it back with interest?
I don't just believe it. I know it.
>>I hope people here can see what a problem liberalism is and how ignorant your comments are.
>>The Govt. borrowed the money, spent it, and has to print it or borrow it to pay it back.
No, it can be paid back through revenues.
>>Any idea how that is going to affect any children you have?
I have none. It will not hurt anyone else's.