View Poll Results: How Obama Can Get Money to Reduce Defict

Voters
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  • Stealing gold from Fort Knox in darling Heist

    2 8.33%
  • Extending retirement age

    3 12.50%
  • Learn how to count cards and go to Vegas

    8 33.33%
  • Invest all of our money in Wall Street

    3 12.50%
  • Befriending old wealthy widows that are close to dying

    7 29.17%
  • Enter an illegal coast to coast no-holds barred car race

    9 37.50%
  • Pimping out attractive women and take 75% of prostitution money

    10 41.67%
  • Take over China

    8 33.33%
  • Sell "I killed Bin Laden" hats, mugs & shirts

    12 50.00%
  • Other/ I don't know

    5 20.83%
Multiple Choice Poll.
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Thread: How Obama Can Get Money to Reduce Defict

  1. #31
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    Re: How Obama Can Get Money to Reduce Defict

    Quote Originally Posted by croniccynic View Post
    Cut military spending by 50%. Annually use $50 billion for the resulting unemployment/retraining and the remaining $500 billion to reduce the deficit.
    FY2009 deficit: $1413.6B
    FY2009 military spending: $655.8B
    Congrats - the deficit is now $1135.7B
    What next?

  2. #32
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    Re: How Obama Can Get Money to Reduce Defict

    Quote Originally Posted by The Giant Noodle View Post
    Which entitlements would you choose?
    All of them.

  3. #33
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    Re: How Obama Can Get Money to Reduce Defict

    I'm going to risk being criticized and take on the retirement age. If I'm wrong, I'm wrong, but I'm looking to throw something on the table and see what you guys think about it.

    The retirement age was established at the age of 65 when the life expectancy was at around 62 years old (quite the racket, eh?). The average life expectancy for both men and woman (averaged) is about 78.3. With people living longer, perhaps it is time that the retirement age is extended to remain true to the way it was originally established. Now of course there are the downsides to this: One, it would garner widespread opposition from individuals nearing the retirement age and who were expecting to retire at the age of 65; Two, we have to take into account the health of people at around 78 years old, which is often very frail and no longer capable of hard labor. Extension of the retirement age would likely work under white collar conditions, but it would be the blue collar workers that would be most negatively affected by such a change.

  4. #34
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    Re: How Obama Can Get Money to Reduce Defict

    Quote Originally Posted by Schaff View Post
    I'm going to risk being criticized and take on the retirement age. If I'm wrong, I'm wrong, but I'm looking to throw something on the table and see what you guys think about it.

    The retirement age was established at the age of 65 when the life expectancy was at around 62 years old (quite the racket, eh?). The average life expectancy for both men and woman (averaged) is about 78.3. With people living longer, perhaps it is time that the retirement age is extended to remain true to the way it was originally established. Now of course there are the downsides to this: One, it would garner widespread opposition from individuals nearing the retirement age and who were expecting to retire at the age of 65; Two, we have to take into account the health of people at around 78 years old, which is often very frail and no longer capable of hard labor. Extension of the retirement age would likely work under white collar conditions, but it would be the blue collar workers that would be most negatively affected by such a change.
    Could there be a "grandfather" clause, i.e. if you are 60 and over, you still retire when expected but the rest of us continue working? But what will this do to the availability of jobs?

    Frankly, I like the idea. My alleged paternal parental unit is 76 and he's still working seven days a week.

  5. #35
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    Re: How Obama Can Get Money to Reduce Defict

    Quote Originally Posted by BDBoop View Post
    Could there be a "grandfather" clause, i.e. if you are 60 and over, you still retire when expected but the rest of us continue working? But what will this do to the availability of jobs?

    Frankly, I like the idea. My alleged paternal parental unit is 76 and he's still working seven days a week.
    That's a good point. That would certainly permit those who were nearing, and likely relying on their approaching retirement to retire when they planned. As for the availability of jobs, that's a good point. Nonetheless, with the economic crisis we have on our hands, keeping people of the age 65 in work will keep them spending normally, which will help to stimulate the economy. That still leaves room for people being out of work, though.

  6. #36
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    Re: How Obama Can Get Money to Reduce Defict

    "I have never understood why it is "greed" to want to keep the money you have earned but not greed to want to take somebody else's money." -Thomas Sowell

  7. #37
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    Re: How Obama Can Get Money to Reduce Defict

    Quote Originally Posted by Bigfoot 88 View Post
    You 1st.

    Tell us whatcha gunna chop first. Then tell us WHY... for EACH chop.
    CORPORATE GREED AND UNION GREED
    DEMOCRATS AND REPUBLICANS
    DESTROYING THE BEST OF AMERICA ONE DAY AT A TIME

    This is the worst kind of discrimination. The kind against ME! ~ Bender

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