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Thread: The results are in on social security

  1. #341
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    Re: The results are in on social security

    Quote Originally Posted by mac View Post
    No, no. Our entire yearly military budget is less than have the annual deficit. So, even if we spent $0 on the military next year, we'd still have over $700 Billion in deficit spending. Of course, spending $0 on defense would be ludicrous.
    You are only looking at part of the military spending ~

    U.S Federal Budget Fiscal Year 2009

    Total Outlays (Federal Funds): $2,650 billion
    MILITARY: 54% and $1,449 billion
    NON-MILITARY: 46% and $1,210 billion

    "These figures are from an analysis of detailed tables in the “Analytical Perspectives” book of the Budget of the United States Government, Fiscal Year 2009. The figures are federal funds, which do not include trust funds — such as Social Security — that are raised and spent separately from income taxes. What you pay (or don’t pay) by April 15, 2008, goes to the federal funds portion of the budget. The government practice of combining trust and federal funds began during the Vietnam War, thus making the human needs portion of the budget seem larger and the military portion smaller."
    The Federal Pie Chart
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  2. #342
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    Re: The results are in on social security

    Quote Originally Posted by Catawba View Post
    You are only looking at part of the military spending ~

    U.S Federal Budget Fiscal Year 2009

    Total Outlays (Federal Funds): $2,650 billion
    MILITARY: 54% and $1,449 billion
    NON-MILITARY: 46% and $1,210 billion

    "These figures are from an analysis of detailed tables in the “Analytical Perspectives” book of the Budget of the United States Government, Fiscal Year 2009. The figures are federal funds, which do not include trust funds — such as Social Security — that are raised and spent separately from income taxes. What you pay (or don’t pay) by April 15, 2008, goes to the federal funds portion of the budget. The government practice of combining trust and federal funds began during the Vietnam War, thus making the human needs portion of the budget seem larger and the military portion smaller."
    The Federal Pie Chart
    Come on, Cat....warresitors.org?
    ”People willing to trade their freedom for temporary security deserve neither and will lose both.” --- Ben Franklin

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  3. #343
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    Re: The results are in on social security

    Quote Originally Posted by mac View Post
    Come on, Cat....warresitors.org?
    Are you suggesting that money to help pay for our wars has not been taken from the SS trust funds?
    Last edited by Catawba; 07-26-11 at 05:21 PM.
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  4. #344
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    Re: The results are in on social security

    Quote Originally Posted by Catawba View Post
    Are you suggesting that money to help pay for our wars has not been taken from the SS trust funds?
    Not directly, or in the manner described by your extremely biased site. Social Security money is routinely used for a whole host of things.
    ”People willing to trade their freedom for temporary security deserve neither and will lose both.” --- Ben Franklin

    Quote Originally Posted by The German View Post
    Sterotypes are mostly based on truths.

  5. #345
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    Re: The results are in on social security

    Quote Originally Posted by mac View Post
    Not directly, or in the manner described by your extremely biased site. Social Security money is routinely used for a whole host of things.
    We borrow the money from china/wherever, the money that should have went back into SS is now being paid to china/wherever. Is that about right in your opinion?
    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

  6. #346
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    Re: The results are in on social security

    Quote Originally Posted by donc View Post
    We borrow the money from china/wherever, the money that should have went back into SS is now being paid to china/wherever. Is that about right in your opinion?
    Not exactly. Excess money is given to the Treasury in return for securities.
    ”People willing to trade their freedom for temporary security deserve neither and will lose both.” --- Ben Franklin

    Quote Originally Posted by The German View Post
    Sterotypes are mostly based on truths.

  7. #347
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    Re: The results are in on social security

    Quote Originally Posted by mac View Post
    Not directly, or in the manner described by your extremely biased site. Social Security money is routinely used for a whole host of things.
    "Since the Greenspan Commission in the early 1980s, Social Security has cumulatively collected far more in payroll taxes dedicated to the program than it has paid out to recipients—nearly $2.4 trillion by 2008. This annual surplus is credited to Social Security trust funds that hold special non-marketable Treasury securities, and this surplus amount is commonly referred to as the "Social Security Trust Fund". The proceeds are paid into the U.S. Treasury where they may be used for other government purposes."

    "According to the CBO, defense spending grew 9% annually on average from fiscal year 2000-2009.[42] Much of the costs for the wars in Iraq and Afghanistan have not been funded through regular appropriations bills, but through emergency supplemental appropriations bills. As such, most of these expenses were not included in the budget deficit calculation prior to FY2010. "

    "First, there were the Bush tax cuts, which added roughly $2 trillion to the national debt over the last decade. Second, there were the wars in Iraq and Afghanistan, which added an additional $1.1 trillion or so. And third was the Great Recession, which led both to a collapse in revenue and to a sharp rise in spending on unemployment insurance and other safety-net programs."[59]

    A Bloomberg analysis in May 2011 attributed $2.0 trillion of the $9.3 trillion of public debt (20%) to additional military and intelligence spending since September 2001, plus another $45 billion annually in interest."

    United States federal budget - Wikipedia, the free encyclopedia
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  8. #348
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    Re: The results are in on social security

    Quote Originally Posted by Catawba View Post
    "Since the Greenspan Commission in the early 1980s, Social Security has cumulatively collected far more in payroll taxes dedicated to the program than it has paid out to recipients—nearly $2.4 trillion by 2008. This annual surplus is credited to Social Security trust funds that hold special non-marketable Treasury securities, and this surplus amount is commonly referred to as the "Social Security Trust Fund". The proceeds are paid into the U.S. Treasury where they may be used for other government purposes."

    "According to the CBO, defense spending grew 9% annually on average from fiscal year 2000-2009.[42] Much of the costs for the wars in Iraq and Afghanistan have not been funded through regular appropriations bills, but through emergency supplemental appropriations bills. As such, most of these expenses were not included in the budget deficit calculation prior to FY2010. "

    "First, there were the Bush tax cuts, which added roughly $2 trillion to the national debt over the last decade. Second, there were the wars in Iraq and Afghanistan, which added an additional $1.1 trillion or so. And third was the Great Recession, which led both to a collapse in revenue and to a sharp rise in spending on unemployment insurance and other safety-net programs."[59]

    A Bloomberg analysis in May 2011 attributed $2.0 trillion of the $9.3 trillion of public debt (20%) to additional military and intelligence spending since September 2001, plus another $45 billion annually in interest."

    United States federal budget - Wikipedia, the free encyclopedia
    Cat, this doesn't corroborate your war resister's post....and also from your same link:

    Military spending: The military budget of the United States during FY 2009 was approximately $683 billion in expenses for the Department of Defense (DoD) and $54 billion for Homeland Security, a total of $737 billion.[39] The U.S. defense budget (excluding spending for the wars in Iraq and Afghanistan, Homeland Security, and Veteran's Affairs) is around 4% of GDP.[40] Adding these other costs places defense and homeland security spending between 5% and 6% of GDP. The DoD baseline budget, excluding supplemental funding for the wars, has grown from $297 billion in FY2001 to a budgeted $534 billion for FY2010, an 81% increase.[41] According to the CBO, defense spending grew 9% annually on average from fiscal year 2000-2009.[42] Much of the costs for the wars in Iraq and Afghanistan have not been funded through regular appropriations bills, but through emergency supplemental appropriations bills. As such, most of these expenses were not included in the budget deficit calculation prior to FY2010. Some budget experts argue that emergency supplemental appropriations bills do not receive the same level of legislative care as regular appropriations bills.[43]
    This is including Homeland Security as part of defense. As I'm sure you know, Homeland Security includes Fire and emergency services, Customs, Coast Gaurd and most major law enforcement agencies, FEMA....etc.
    ”People willing to trade their freedom for temporary security deserve neither and will lose both.” --- Ben Franklin

    Quote Originally Posted by The German View Post
    Sterotypes are mostly based on truths.

  9. #349
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    Re: The results are in on social security

    Quote Originally Posted by mac View Post
    Not exactly. Excess money is given to the Treasury in return for securities.


    When did we have any excess money in the last ten years?
    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

  10. #350
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    Re: The results are in on social security

    Quote Originally Posted by mac View Post
    Cat, this doesn't corroborate your war resister's post....and also from your same link:



    This is including Homeland Security as part of defense. As I'm sure you know, Homeland Security includes Fire and emergency services, Customs, Coast Gaurd and most major law enforcement agencies, FEMA....etc.
    It certainly does corroborate the 2009 military funding figures included on the site. You were intimating the budgeted amount for military was all we had to cut from. This has been disproved by the multiple sources I have cited.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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