Page 8 of 42 FirstFirst ... 67891018 ... LastLast
Results 71 to 80 of 415

Thread: The results are in on social security

  1. #71
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: The results are in on social security

    Quote Originally Posted by washunut View Post
    The money still being in the trust fund does not count as as a fact??

    Bush said he spent every dime of the $2.7 Trillion dollar trust fund. See the quotes I provided.
    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

  2. #72
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: The results are in on social security

    Quote Originally Posted by Whovian View Post
    So... your 'proof' that Bush looted SS to pay for Iraq... is the word of one guy? Typical.
    Yes, from the quotes of one guy, President Bush.
    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

  3. #73
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: The results are in on social security

    Quote Originally Posted by Misterveritis View Post
    Why do you think that anyone has to "pay" when tax rates are lowered? What do you mean, exactly?
    I mean tax cuts that add to the National debt and rob SS trust funds to pay for optional wars instead of increasing taxes to pay for them.
    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

  4. #74
    Banned
    Join Date
    Oct 2010
    Location
    dimensionally transcendental
    Last Seen
    08-15-11 @ 04:31 PM
    Gender
    Lean
    Conservative
    Posts
    7,153

    Re: The results are in on social security

    Quote Originally Posted by Catawba View Post
    Yes, from the quotes of one guy, President Bush.
    These quotes? From your link...

    "The money-payroll taxes going into Social Security are spent. They're spent on benefits and they're spent on government programs. There is no trust."

    Now that's what he says. "There is no trust."

    "Every dime that goes in from payroll taxes is spent. It's spent on retirees, and if there's excess, it's spent on government programs. The only thing that Social Security has is a pile of IOUs from one part of the government to the next."
    Funny. I don't see a quote that says 'I looted the SS trust fund to pay for the Iraq war.'

    Maybe you could point it out to me?

    BTW... your proof is a dead guy with a non-existent website. I just thought you might want to know.
    Last edited by Whovian; 06-06-11 at 11:13 PM.

  5. #75
    Banned
    Join Date
    Mar 2010
    Last Seen
    07-19-17 @ 03:51 PM
    Gender
    Lean
    Libertarian
    Posts
    60,458

    Re: The results are in on social security

    Quote Originally Posted by haymarket View Post
    Most progressives that I have talked to want some significant done about this to prevent a 25 year problem. At the top of the list is to pop the cap on the $106K limit for FICA taxes while freezing benefits to todays levels plus a modest inflation allowance increase. Your characterization is not accurate.
    106K? Where in the hell did that number come from? You talk of fairness and yet you are willing to come up with this idea to fix a failed policy? You are pathetic.

  6. #76
    Banned
    Join Date
    Mar 2010
    Last Seen
    07-19-17 @ 03:51 PM
    Gender
    Lean
    Libertarian
    Posts
    60,458

    Re: The results are in on social security

    Quote Originally Posted by Catawba View Post
    Bush said he spent every dime of the $2.7 Trillion dollar trust fund. See the quotes I provided.
    I'm not sure how many times I have to say it but there is no trust fund. The money goes into the general fund. You are living in a world that doesn't exist that was born from lies.

  7. #77
    Sage

    Join Date
    Nov 2009
    Last Seen
    Today @ 01:14 PM
    Gender
    Lean
    Slightly Liberal
    Posts
    8,351

    Re: The results are in on social security

    Quote Originally Posted by Catawba View Post
    Bush said he spent every dime of the $2.7 Trillion dollar trust fund. See the quotes I provided.
    Whatever the quotes are do not trump the FACT that there is a social security trust fund, sorry.

  8. #78
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: The results are in on social security

    Quote Originally Posted by Whovian View Post
    These quotes? From your link...



    Funny. I don't see a quote that says 'I looted the SS trust fund to pay for the Iraq war.'

    Maybe you could point it out to me?

    BTW... your proof is a dead guy with a non-existent website. I just thought you might want to know.
    Bush when he entered office:

    "my budget protects all $2.6 trillion of the Social Security surplus for Social Security, and for Social Security alone."

    Later in his administration: "The money-payroll taxes going into Social Security are spent. They're spent on benefits and they're spent on government programs. There is no trust."
    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

  9. #79
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: The results are in on social security

    Quote Originally Posted by Henrin View Post
    I'm not sure how many times I have to say it but there is no trust fund. The money goes into the general fund. You are living in a world that doesn't exist that was born from lies.
    That is basically correct, however there is separate accounting however. Because the trust funds can be used to offset current expenses that we don't feel like paying as we go through taxes is the reason that Gore proposed locking the funds from general fund usage. The trust fund accounting showed a 2.6 trillion surplus when Bush entered office and later in his administration he said it was all gone.
    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

  10. #80
    Sage
    cpwill's Avatar
    Join Date
    Dec 2009
    Location
    USofA
    Last Seen
    Today @ 11:00 AM
    Gender
    Lean
    Conservative
    Posts
    57,106

    Re: The results are in on social security

    Quote Originally Posted by washunut View Post
    Whatever the quotes are do not trump the FACT that there is a social security trust fund, sorry.
    there is such a thing. but it is meaningless.

    its like moving money from your savings account to your checking, spending it, but then still counting it in savings because you promise to pay yourself back. the actual money isn't there.

Page 8 of 42 FirstFirst ... 67891018 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •