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Thread: White House to paint grim fiscal picture: source

  1. #141
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    Re: White House to paint grim fiscal picture: source

    Quote Originally Posted by Kandahar View Post
    But social security is on a relatively manageable track anyway; Medicare/Medicaid are the entitlement programs that really have the potential to be a financial time bomb.
    Estimates for the unfunded liability of Socialist Security range from 60 trillion to 160 trillion dollars.

    In what way is this "manageable"?

    People discuss Medicaid/Medicare because the Democrats are trying to socialize medicine.

    NO ONE is discussing the SS Titanic, aka the Socialist Security Titanic.

  2. #142
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    Re: White House to paint grim fiscal picture: source

    Quote Originally Posted by Kandahar View Post
    I can't show you ironclad empirical data for this one since the economy is different than it was in the 1990s. But that's the closest we have: When the Bush tax cuts went into effect, it turned a small surplus into a large deficit.
    There was no surplus.

    So much for your argument.

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