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Recursion

(56,582 posts)
214. Treasury still has to write the checks
Mon Dec 31, 2012, 06:24 AM
Dec 2012

The fact that it's notionally self-funded doesn't change the Treasury's cash flow; if less is paid out in benefits, less is borrowed, even though the entire thing is self-funded.

Well, my English teacher would call that an oxymoron. Cleita Dec 2012 #1
Definitely Moronic... WillyT Dec 2012 #2
Umm... no, it's one of two ways to strengthen an actuarial program Recursion Dec 2012 #6
"strengthening" the program on the backs of the poorest is despicable 99th_Monkey Dec 2012 #29
SS, Medicare, Medicaid and social programs are the R. Daneel Olivaw Dec 2012 #41
Amen! nt 99th_Monkey Dec 2012 #57
What? You mean we arent allowed to even discuss changes that might actually benefit cstanleytech Dec 2012 #76
The argument on DU IMHO was that there was no talk of a CPI. The President never said it. R. Daneel Olivaw Dec 2012 #92
Nailed It, bvar22 Dec 2012 #130
and all those disaffected democrats... tomp Dec 2012 #222
3rd party dreams Left Turn Only Dec 2012 #234
you say my way will never work.... tomp Jan 2013 #249
Never IS a strong word Left Turn Only Jan 2013 #250
You're not allowed to lie and sell out grahamhgreen Dec 2012 #127
+1 ~ No more Third Way bullshit. Zorra Dec 2012 #173
+1 pam4water Dec 2012 #191
Now that's actually an oxymoron tavalon Dec 2012 #198
Agreed MissDeeds Dec 2012 #78
Doesnt it depend on what else they adjust though? cstanleytech Dec 2012 #73
If your income exceeds a certain amount, you pay extra taxes. That is why we have the JDPriestly Dec 2012 #90
Oh you wont get any disagreement from me at all over the need to cut military spending. cstanleytech Dec 2012 #109
And why are we still defending Europe and Japan and S. Korea? Flatulo Dec 2012 #187
Well the troops in South korea make a bit of sense when you look at cstanleytech Dec 2012 #188
85% of SS pension is taxable income if your income is above $45000, IIRC Kolesar Dec 2012 #177
Yes.... jberryhill Dec 2012 #152
It never got to that point because those dealing with reality were spending all their time cui bono Dec 2012 #204
This is precisely why I stayed home BrooklynBoy Dec 2012 #189
Why are you a member of this forum then? bama_blue_dot Dec 2012 #192
"This year is the first time I stayed home". Wow. Just wow. nt. OldDem2012 Dec 2012 #195
It's just so wonderful to see Summer Hathaway Dec 2012 #213
well, if the poster voted for mcgovern this is not about youth. tomp Dec 2012 #223
... Summer Hathaway Dec 2012 #243
well, actually... tomp Jan 2013 #248
Do you want to strengthen Social Security. R. Daneel Olivaw Dec 2012 #37
It's a choice, and he is choosing the more painful of the two. JDPriestly Dec 2012 #81
SS has zero to do with the Deficit. The right answer to that moron, 'David' from sabrina 1 Dec 2012 #118
Exactly. Word-for-word. Obama needs a do over. JimDandy Dec 2012 #128
+1 n/t Oilwellian Dec 2012 #149
+Agreed Liberalynn Dec 2012 #167
Nearly accurate. It has zero to do with net debt. Recursion Dec 2012 #183
I'm confused. If it has its own trust fund why does SS borrow anything? cui bono Dec 2012 #205
Treasury still has to write the checks Recursion Dec 2012 #214
Then cut the problem with treasury's cash flow, ... CRH Dec 2012 #221
How is it borrowed? Sorry, I don't get it. cui bono Dec 2012 #245
Best.Answer.Ever! tavalon Dec 2012 #199
If only he would. But it is telling that he did not. What he did do was break the ice. As another rhett o rick Dec 2012 #235
No, you're not strengthening it by weakening it. grahamhgreen Dec 2012 #123
The program is there to help the needy. If it helps them less, it isn't strengthened. cui bono Dec 2012 #203
I think every DU'er needs to read this: snot Dec 2012 #224
This is a GREAT READ. Highly recommended. Gets right to the point, and kicks ass. leveymg Dec 2012 #228
Thanks for the thanks! I found it on the snot Dec 2012 #229
Goes to prove that every now and then even the truth leaks through the corporate media. ;-) leveymg Dec 2012 #231
Incredible piece Oilwellian Dec 2012 #240
+1000 n/t Catherina Dec 2012 #244
Indicates the policy choice made by Obama to reduce outlays instead of raising the cap. leveymg Dec 2012 #226
I hope no one attacks anyone who calls him out now. proof is here of his roguevalley Dec 2012 #30
We've got your senior back! JimDandy Dec 2012 #129
thank you jim honey hugs roguevalley Dec 2012 #184
Now hold on just a sec. He still hasnt said he will "cut Social Security benefits." What he did say, rhett o rick Dec 2012 #144
You know, you added too much of an explanation that actually attempted to rationalize that statement cui bono Dec 2012 #206
this place has been infested.... tomp Dec 2012 #225
Scary is a good description. rhett o rick Dec 2012 #230
I thought "oxymoron" Jackpine Radical Dec 2012 #156
Maybe for Rush it should be Oxy-Moron. Cleita Dec 2012 #242
It's not oxymoronic BainsBane Dec 2012 #197
I don't know how you could have missed the MTP interview as it was replayed over and over again Cleita Dec 2012 #241
I don't spend all day watching TV BainsBane Jan 2013 #247
It's too bad that ProSense Dec 2012 #3
You're counting on the Senate? The Senate that wouldn't give Obama a Public Option when he asked? Tom Rinaldo Dec 2012 #35
Yes, it's too bad. If CPI is dead then there was no need for our President R. Daneel Olivaw Dec 2012 #43
I understand what you are saying, bama_blue_dot Dec 2012 #49
"No, no, no." The GOP has been saying that since Obama was elected. Everybody knows that. R. Daneel Olivaw Dec 2012 #66
I agree, bama blue dot. Although I think we're def. in the minority here. nt AnnieK401 Dec 2012 #212
So discouraging. TDale313 Dec 2012 #4
Republicans insist on CPI now nadinbrzezinski Dec 2012 #5
Repubs want it in this smaller, quick fix deal as well Oilwellian Dec 2012 #13
Why not, THIS is the prize that the "fiscal cliff" was designed for. NorthCarolina Dec 2012 #93
And that is exactly why a Dem should NEVER say it is negotiable. cui bono Dec 2012 #208
Sigh. djean111 Dec 2012 #7
post #3 Dragonfli Dec 2012 #34
It has already started. R. Daneel Olivaw Dec 2012 #45
He never said that! MannyGoldstein Dec 2012 #8
He said it. ProSense Dec 2012 #11
but he didn't mean it, right? Dragonfli Dec 2012 #38
When oh when will you grasp this multidimentional chess thing UnrepentantLiberal Dec 2012 #84
LOL! JimDandy Dec 2012 #141
And even then, TDale313 Dec 2012 #12
LOL n/t Oilwellian Dec 2012 #20
LOL Cali_Democrat Dec 2012 #42
This is a win for the president, Manny. UnrepentantLiberal Dec 2012 #86
A.B.W. is name of their strategy kenny blankenship Dec 2012 #143
That was not the President in that video. Lasher Dec 2012 #210
Hey Manny! tblue Dec 2012 #236
I wish I had taken a hallucinogen MannyGoldstein Dec 2012 #238
How can Obama call himself a Democrat? n/t leftstreet Dec 2012 #9
There's something magically litmus-testy about the way inflation is currently calculated? (nt) Recursion Dec 2012 #15
Just change the party mascot to a pig/weasel hybrid GMO kenny blankenship Dec 2012 #23
I think after his SS cuts are passed he may switch Doctor_J Dec 2012 #24
Many Liberal/Progressive Democrats are asking that same question. RC Dec 2012 #44
I wonder that too. SammyWinstonJack Dec 2012 #121
Join this website and sit on one's ass Kolesar Dec 2012 #178
He has to publicly state that he was willing to put everything on the table. bama_blue_dot Dec 2012 #10
Why not offer to euthanize seniors? He'd look REALLY strong! leftstreet Dec 2012 #16
Death panels. n/t ProSense Dec 2012 #18
Can't afford to lose consumers. WALMART would close. Downwinder Dec 2012 #21
Now you're being Blunt fredamae Dec 2012 #28
So you're saying... Oilwellian Dec 2012 #17
He isn't offering anything without wanting the tax cuts to expire bama_blue_dot Dec 2012 #22
This SS proposal was Obama's equivalent of 'Plan B'. JimDandy Dec 2012 #137
+1 Obama is cutting SS because HE wants to. forestpath Dec 2012 #51
I believe you are correct. Lasher Dec 2012 #211
thank you. tomp Dec 2012 #227
No. That's just silly. He didn't have to say anything of the sort. R. Daneel Olivaw Dec 2012 #60
It's so silly that I have received at least daa Dec 2012 #74
Hard to disagree with that, but there's always infiniti level chess. R. Daneel Olivaw Dec 2012 #80
I don't care about his clever chess tactics. He offered to make elderly people suffer. JDPriestly Dec 2012 #99
No, he has tto STFU about touching SS, but unfortunately it's already too late. cui bono Dec 2012 #209
We had to destroy the village wilsonbooks Dec 2012 #14
Are you going to believe a RW rag like the TRANSCRIPT? Doctor_J Dec 2012 #19
LOL Oilwellian Dec 2012 #31
Can you proove beyond any unreasonable doubt this video is not photoshopped? idwiyo Dec 2012 #65
This has obviously been doctored in some way. R. Daneel Olivaw Dec 2012 #68
It's single sourced hearsay!!111 n/t pa28 Dec 2012 #67
*snort* Capt. Obvious Dec 2012 #216
By saying that he's given Republicans the ability to go on Fox and say see we were right he wants to Arcanetrance Dec 2012 #25
No, they can't claim that he is the one who wants to cut it.. bama_blue_dot Dec 2012 #27
Have you met any actual Republicans? Fumesucker Dec 2012 #33
Oh but they can they have the mouthpieces in place all anyone will hear is see Obama put it there Arcanetrance Dec 2012 #36
Their behavior over the past four years... Or past twenty, for that matter... JHB Dec 2012 #233
I predict a surge in Tea Party membership. Forget about getting any gains in 2014 bahrbearian Dec 2012 #48
How can he NOT get it? world wide wally Dec 2012 #26
That would destroy his legacy RomneyLies Dec 2012 #32
Not really leftstreet Dec 2012 #39
Wow.. That is very nice.. bama_blue_dot Dec 2012 #54
Oh knock it off leftstreet Dec 2012 #56
You said that it is all he will be remembered for.. bama_blue_dot Dec 2012 #59
...in response to the assertion he's destroying his legacy leftstreet Dec 2012 #94
wow. you really want to make this claim? RainDog Dec 2012 #64
It's not a 'claim,' it's fact leftstreet Dec 2012 #85
LOL RainDog Dec 2012 #102
Those are facts, and here is a claim. A Simple Game Dec 2012 #117
Forget Hillary. She and Bill Clinton are more conservative and anti-Social Security than even JDPriestly Dec 2012 #103
whew DonCoquixote Dec 2012 #125
This is EXACTLY what he wanted his legacy to be. kenny blankenship Dec 2012 #63
He wants this. Exactly right! SammyWinstonJack Dec 2012 #131
That is an accurate summary. Lasher Dec 2012 #232
It will be his legacy. iemitsu Dec 2012 #105
We already knew that when we voted for him. It always was a lesser of 2 evils vote. limpyhobbler Dec 2012 #40
But we thought one of them was a Democrat leftstreet Dec 2012 #47
Yep - that about sums it up. forestpath Dec 2012 #52
Maybe we thought one was a Democrat, but A Simple Game Dec 2012 #120
Is he still the lesser of two evils if he allows cuts to 'entitlements'? SammyWinstonJack Dec 2012 #133
Time will tell. n/t A Simple Game Dec 2012 #161
I don't know about other people. I've always been a Democrat, but there are other alternatives JDPriestly Dec 2012 #107
Yeah either that or try to nominate better Democrats. limpyhobbler Dec 2012 #111
Yes. The Party has worked to undermine very progressive candidates in the past. JDPriestly Dec 2012 #154
This is the problem with that idea: Le Taz Hot Dec 2012 #218
yeah I read that and totally agree there are a lot of problems with the primary process limpyhobbler Dec 2012 #246
Two posts down thread were hidden for advocating about the same as you. JimDandy Dec 2012 #148
I'm not "advocating" for anything. JDPriestly Dec 2012 #153
To whoever objected/alerted on this post: Le Taz Hot Dec 2012 #219
This is ridiculous Cali_Democrat Dec 2012 #46
******MORE BULLISH HE NEVER SAID BENEFITS !!****** uponit7771 Dec 2012 #50
**WOW /// $$ *** THaT IS SOME epic DENiaL @@##!! cthulu2016 Dec 2012 #55
Remove the fucking cap! Bozita Dec 2012 #53
This always gets my vote first. n/t JimDandy Dec 2012 #146
Then does the highest pension payout become higher? Kolesar Dec 2012 #179
Any high incomers in danger of starving or not paying their heating bills during their retirements? Bozita Dec 2012 #193
Ouch! JEB Dec 2012 #58
Post removed Post removed Dec 2012 #61
Post removed Post removed Dec 2012 #88
I guess everyone here understands that the President can only express his personal opinions.... OldDem2012 Dec 2012 #62
So you're saying... Oilwellian Dec 2012 #69
Are you saying the Senate will allow such legislation to hit the President's desk? nt. OldDem2012 Dec 2012 #165
There are many Dem Senators on video record who claim they would Oilwellian Dec 2012 #174
What Senate Dems say "on the record" is very different from what they do when.... OldDem2012 Dec 2012 #194
He never had to say it at all unless he meant it. R. Daneel Olivaw Dec 2012 #75
The opinion of the President is just that, nothing more.... OldDem2012 Dec 2012 #166
He OFFERED to cut Social Security benefits. JDPriestly Dec 2012 #113
Nooo... not the OBVIOUS solution.... JimDandy Dec 2012 #151
as the federal reserve nineteen50 Dec 2012 #70
Yep, he's a Republican. UnrepentantLiberal Dec 2012 #71
Killing old people, veterans, kids won't strengthen. It's cowardly policy. No big ideas - jtuck004 Dec 2012 #72
Good point about Chamberlain. Obama needs to read up on that. JDPriestly Dec 2012 #115
If she is, I seriously doubt she depends on it fully, as a means of support. SammyWinstonJack Dec 2012 #140
$990 mo SS, $400 mo pension for 28 years employed by a now gone oil co. jtuck004 Dec 2012 #145
The paychecks that are $50, $100, $200 less for the same work are the paychecks that JDPriestly Dec 2012 #155
You and I think it is necessary, and we know why. jtuck004 Dec 2012 #162
Maybe, but . . . JDPriestly Dec 2012 #164
"The people who should be called upon to sacrifice are those who have gained" jtuck004 Dec 2012 #170
Thanks. JDPriestly Dec 2012 #196
Let's see him live on less than $1,200 - $1,300 per month. JDPriestly Dec 2012 #77
Senate "fiscal cliff" negotiations hit major setback over GOP demands that it include chained-CPI ProSense Dec 2012 #79
GOP DEMANDS WHAT OBAMA PROMISED. Shocking n/t leftstreet Dec 2012 #95
not true -- the talks stalled b/c Dems wanted the debt ceiling raised, IN EXCHANGE for SS cuts nashville_brook Dec 2012 #100
It should NEVER have been mentioned in the first place . . . that only complicates the negotiations DrDan Dec 2012 #101
I don't believe it. Jefferson23 Dec 2012 #82
I was watching when he said it. I knew he was going plethoro Dec 2012 #83
Terrible decision and exactly what the right wants former_con Dec 2012 #87
Our benefits are not your's to give away Obama. iemitsu Dec 2012 #89
Dear President Obama, YOU'RE NOT CHARGING THE RICH ENOUGH for ANY changes in SS or Medicare. patrice Dec 2012 #91
butt, butt, butt, it's a bi-partisan screwing stupidicus Dec 2012 #96
"We had to destroy that village in order to save it." KamaAina Dec 2012 #97
Oh, that's OK. It's just posturing and if the Repubs accept his offer he'll veto it. Tierra_y_Libertad Dec 2012 #98
This message was self-deleted by its author Bad_Ronald Dec 2012 #104
PBO did say a lot of his peeps were underthematrix Dec 2012 #106
I'm fine with this, IF it gets the people on board with a permanent tax hike on the rich. BanTheGOP Dec 2012 #108
du rec. nt xchrom Dec 2012 #110
Stop this madness. Social Security doesn't contribute to the deficit. Faygo Kid Dec 2012 #112
The President CLEARLY stated THAT! bvar22 Dec 2012 #135
So much for "People are crazy/disloyal for thinking Obama will offer cuts (again)!" DirkGently Dec 2012 #114
it's just trial balloon starvation. nashville_brook Dec 2012 #122
Obama and the Republicans are playing the Good Cop / Bad Cop Game AZ Progressive Dec 2012 #116
The thing that amazes me is how many on this site are going on about oh it won't pass the Senate and Arcanetrance Dec 2012 #119
You're exactly right MissDeeds Dec 2012 #126
To some on this board, that's EXACTLY what it means. SammyWinstonJack Dec 2012 #142
Appalling FlyByNight Dec 2012 #124
This is no way to run a country. WorseBeforeBetter Dec 2012 #132
If he'd done this in his first term, he wouldn't have had a second term. lob1 Dec 2012 #134
SS DOES NOT ADD ONE NICKEL TO THE DEFICIT. WTF. grahamhgreen Dec 2012 #136
Defense Cuts?! joelfreak Dec 2012 #138
I would bet you money... Oilwellian Dec 2012 #147
Really! Obama must have missed all the negotiating JimDandy Dec 2012 #159
GET WITH THE PROGRAM, JOELFREAK!!! Skittles Dec 2012 #168
I beat you because I love you. CranialRectaLoopback Dec 2012 #139
you couldn't even poost your thread title without manipulating Obama's words MjolnirTime Dec 2012 #150
Oh Oilwellian Dec 2012 #157
it actually doesn't affect existing benefits. its a change in the rate of growth. MjolnirTime Dec 2012 #163
Really? Oilwellian Dec 2012 #176
Yes, you can cut cost and gain in benefits....Obama skilled bashers not uponit7771 Dec 2012 #201
The President said that the Chained CPI will 'strengthen SS'. sabrina 1 Dec 2012 #160
+1! uponit7771 Dec 2012 #200
This is NOT what I, and millions of other people VOTED FOR!! DearHeart Dec 2012 #158
...and my decision is, I won't do it" n/t Pryderi Dec 2012 #169
I heaven05 Dec 2012 #171
Betrayal italiangirl Dec 2012 #172
Don't give up Oilwellian Dec 2012 #181
"In pursuit of bashing Obama, I'm willing to make up bullshit" NYC Liberal Dec 2012 #175
Why was SS increased at higher than the Consumer Price Index, anyway? eom Kolesar Dec 2012 #180
The title does not match or even paraphrase what the man said. And if you read the entire Tutonic Dec 2012 #182
You're right. I just checked. allrevvedup Dec 2012 #207
Can we all finally agree that there was never a pony? lumberjack_jeff Dec 2012 #185
Mr. President haydukelives Dec 2012 #186
K&R DeSwiss Dec 2012 #190
That does not even make sense! CountAllVotes Dec 2012 #202
Where's William Pitt when we really need him? BigBearJohn Dec 2012 #215
Assuage the large scale butt hurt? eom Kolesar Dec 2012 #217
There was never any danger Republicans would support chained CPI anyway. bornskeptic Dec 2012 #220
Our politicians, including Obama, answer to those who bought them! We allow bribery and extortion Dustlawyer Dec 2012 #237
i'm tired of the whole bullshite newspeak Dec 2012 #239
I'm a senior and I'm okay with this underthematrix Jan 2013 #251
Unfortunately BO is a tool....... Swede Atlanta Jan 2013 #252
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