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Thread: Foreign demand falls for Treasuries

  1. #61
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    Re: Foreign demand falls for Treasuries

    Quote Originally Posted by RightinNYC View Post
    I'm asking you for any evidence that your proposals would fix the gap.
    My ideas are to reduce health care costs and increase revenues. If you want something more specific, go to the person you quoted above. Who was that you quoted above btw? I would like to talk with him or her.

    Nice try.

    1) FICA is a payroll tax, so pretending that that's not what you were talking about by saying you "didn't mention payroll tax" doesn't quite work.

    2) FICA is the SS and Medicare tax, which is what I referred to.

    3) Since FICA is a payroll tax, it doesn't make sense to call a proposal to expand it to other forms of income a "lifting of the cap." There is no cap as related to Medicare - it's just not what you're trying to do.

    There's no need to dance around it, just come out and say that your plan to fix the $89T unfunded liability can be described in all its complexity as "tax the rich."
    You are the one that brought up payroll taxes, not me.

    I pointed out that:

    "FICA is also not collected on unearned income, including interest on savings deposits, stock dividends, and capital gains such as profits from the sale of stock or real estate. The proportion of total income which is exempt from FICA as "unearned income" tends to rise with higher income brackets."

    Look to the sources in bold for increased revenue.
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  2. #62
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    Re: Foreign demand falls for Treasuries

    Quote Originally Posted by Catawba View Post
    My ideas are to reduce health care costs and increase revenues. If you want something more specific, go to the person you quoted above. Who was that you quoted above btw? I would like to talk with him or her.
    Me: "How exactly will health care reform fix Medicare's unfunded liability?"
    You: "By decreasing medical care costs and increasing revenues into the system."

    I'm asking you for specific examples of how you would decrease medical care costs and increase revenues in such a way as to cover the unfunded liability, preferably using numbers. I'm not interested in more non-answers and avoidance, so if that's all you're going to offer, let's just end this now.

    You are the one that brought up payroll taxes, not me.

    I pointed out that:

    "FICA is also not collected on unearned income, including interest on savings deposits, stock dividends, and capital gains such as profits from the sale of stock or real estate. The proportion of total income which is exempt from FICA as "unearned income" tends to rise with higher income brackets."

    Look to the sources in bold for increased revenue.
    How do you think we should "look to those sources"? What tax would you like to impose on them? How much money will that raise?

    You can't just throw out vague proposals and expect to be taken seriously. If you think you know how to fix this gap, you need more than that.
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    Re: Foreign demand falls for Treasuries

    Quote Originally Posted by RightinNYC View Post
    Me: "How exactly will health care reform fix Medicare's unfunded liability?"
    You: "By decreasing medical care costs and increasing revenues into the system."
    Then you:

    Quote Originally Posted by RightinNYC View Post
    Got something more specific than "it would totally fix it"?
    Ask the person you quoted.

    How do you think we should "look to those sources"? What tax would you like to impose on them? How much money will that raise?
    There are many variables, what kind of mechanisms can be put in place to prevent the government from mismanaging the funds that helped create the problem we are facing, how many cost cutting measures can be made through health care reform, how much we can realistically increase user fees.

    What is the alternative to fixing M/M? Eliminating it? That doesn't eliminate the cost of unaffordable health care, it just shifts the costs to those that can least afford it. Is that your solution?
    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. #64
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    Re: Foreign demand falls for Treasuries

    Quote Originally Posted by Catawba View Post
    Then you:



    Ask the person you quoted.
    So you have no interest in actually debating anything, you'd rather just run away once you're called out on a topic that you don't understand. Given your history, I don't know why I expected anything else.


    There are many variables, what kind of mechanisms can be put in place to prevent the government from mismanaging the funds that helped create the problem we are facing, how many cost cutting measures can be made through health care reform, how much we can realistically increase user fees.

    What is the alternative to fixing M/M? Eliminating it? That doesn't eliminate the cost of unaffordable health care, it just shifts the costs to those that can least afford it. Is that your solution?
    No, my solution is to implement cost-effectiveness panels, put an end to these "doctor fixes", and raise the enrollment age.
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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    Re: Foreign demand falls for Treasuries

    Quote Originally Posted by RightinNYC View Post
    So you have no interest in actually debating anything, you'd rather just run away once you're called out on a topic that you don't understand. Given your history, I don't know why I expected anything else.




    No, my solution is to implement cost-effectiveness panels, put an end to these "doctor fixes", and raise the enrollment age.
    You realize that cost-effectiveness panels are what were referred to as the evil mythical "death panels".
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    Re: Foreign demand falls for Treasuries

    Quote Originally Posted by SouthernDemocrat View Post
    You realize that cost-effectiveness panels are what were referred to as the evil mythical "death panels".
    Yes. They're probably the most useful thing we can do toward meaningful health reform (short of bringing our obesity rate in line with the rest of the world). It's a shame that it's going to be so hard to get them past the public now.
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    Re: Foreign demand falls for Treasuries

    Quote Originally Posted by RightinNYC View Post

    No, my solution is to implement cost-effectiveness panels, put an end to these "doctor fixes", and raise the enrollment age.
    You'll have quite the fight on your hands getting conservatives to go along with death panels.

    I would be interested in seeing your "specific examples of how you would decrease medical care costs and increase revenues in such a way as to cover the unfunded liability, preferably using numbers."
    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. #68
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    Re: Foreign demand falls for Treasuries

    Quote Originally Posted by ptif219 View Post
    Foreign demand for US Treasury securities fell by a record amount in December as China purged some of its holdings of government debt, the US Treasury department said on Tuesday.
    yup. here come the attempts to coerce Americans into buying more bonds in order to make up the loss.

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    Re: Foreign demand falls for Treasuries

    Quote Originally Posted by donsutherland1 View Post
    U.S. foreign policy has not changed on those two issues. President Bush met with the Dalai Lama. Under President Bush, the U.S. sold weapons to Taiwan. At this time, continuity is the theme with respect to U.S. policy on those two issues. Nothing has been done to represent a dramatic policy break to the extent that China would fundamentally reassess its relationship with the U.S.
    Bush does not matter. The spending of Obama makes this much more serious.

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    Re: Foreign demand falls for Treasuries

    Quote Originally Posted by Catawba View Post
    What was the deficiency in our nation's defensive capabilities before Bush doubled our military budget?



    The fact that our foreign policy knowingly inflicts civilian casualties for oil interests contrasts with that sentiment.



    Which explains why al Qaeda keeps growing world wide while go deeper in debt.
    Bush had to double it since Clinton gutted the military

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