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Thread: Next in Line for a Bailout: Social Security

  1. #101
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    Re: Next in Line for a Bailout: Social Security

    Quote Originally Posted by apdst View Post
    Like **** we can! I'm a business operator and the last thing I want to do is pay more when matching funds paid on my employees.

    As a business owner I don't get a single benefit from paying that money and sure as hell can't write it off my taxes.
    It's how it goes. You always have the peace of mind that comes with knowing you and your employees will be taken care of in your golden years...

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    Re: Next in Line for a Bailout: Social Security

    Quote Originally Posted by reefedjib View Post
    It's how it goes. You always have the peace of mind that comes with knowing you and your employees will be taken care of in your golden years...
    Me and my employees? I'm not responsible for paying into a man's retirement that probably isn't going to be working for me till he retires. That's his problem. Not to mention, the money that my company pays into his retirement doesn't do **** for me, nor my company.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Next in Line for a Bailout: Social Security

    Quote Originally Posted by Lord Tammerlain View Post
    Actualy the last two years of the Clinton admin, they did not use the SS surplus ( the government had a surplus over and above that of the SS)
    The Myth of the Clinton Surplus


    While not defending the increase of the federal debt under President Bush, it's curious to see Clinton's record promoted as having generated a surplus. It never happened. There was never a surplus and the facts support that position. In fact, far from a $360 billion reduction in the national debt in FY1998-FY2000, there was an increase of $281 billion.

    Verifying this is as simple as accessing the U.S. Treasury (see note about this link below) website where the national debt is updated daily and a history of the debt since January 1993 can be obtained. Considering the government's fiscal year ends on the last day of September each year, and considering Clinton's budget proposal in 1993 took effect in October 1993 and concluded September 1994 (FY1994), here's the national debt at the end of each year of Clinton Budgets:

    Fiscal
    Year Year
    Ending National Debt
    FY1993 09/30/1993 $4.411488 trillion Deficit
    FY1994 09/30/1994 $4.692749 trillion $281.26 billion
    FY1995 09/29/1995 $4.973982 trillion $281.23 billion
    FY1996 09/30/1996 $5.224810 trillion $250.83 billion
    FY1997 09/30/1997 $5.413146 trillion $188.34 billion
    FY1998 09/30/1998 $5.526193 trillion $113.05 billion
    FY1999 09/30/1999 $5.656270 trillion $130.08 billion
    FY2000 09/29/2000 $5.674178 trillion $17.91 billion
    FY2001 09/28/2001 $5.807463 trillion $133.29 billion

  4. #104
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    Re: Next in Line for a Bailout: Social Security

    Quote Originally Posted by ptif219 View Post
    Wow a right wing source, amazing

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    Re: Next in Line for a Bailout: Social Security

    Quote Originally Posted by apdst View Post
    Me and my employees? I'm not responsible for paying into a man's retirement that probably isn't going to be working for me till he retires. That's his problem. Not to mention, the money that my company pays into his retirement doesn't do **** for me, nor my company.
    Um, yes you are....

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    Re: Next in Line for a Bailout: Social Security

    Quote Originally Posted by reefedjib View Post
    Um, yes you are....
    Um, no, I'm not. Just because a dude works for me for a year doesn't mean that I suddenly become his mommy and thereby responsible to see that he has something to retire on.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Next in Line for a Bailout: Social Security

    Take a look at Pg 21 of this link


    http://www.whitehouse.gov/omb/budget...ssets/hist.pdf

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    Re: Next in Line for a Bailout: Social Security

    Quote Originally Posted by apdst View Post
    Um, no, I'm not. Just because a dude works for me for a year doesn't mean that I suddenly become his mommy and thereby responsible to see that he has something to retire on.
    Correct me if I am wrong but under current legislation you are in fact responsible for doing that...mommy?

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    Re: Next in Line for a Bailout: Social Security

    Quote Originally Posted by Lord Tammerlain View Post
    If there was no budget deficit then explain why the national debt increased.

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    Re: Next in Line for a Bailout: Social Security

    Quote Originally Posted by ptif219 View Post
    If there was no budget deficit then explain why the national debt increased.
    Cant say for sure

    The official budget shows a surplus over and above Social Security

    and yes the national debt did increase

    Perhaps off off budget items.

    But using the same accounting methods as Bush and Obama used/are using their was a surplus over and above the SS surplus

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