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Tue Jul-12-11 12:40 AM
Response to Reply #104 |
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| -What does Social Security have to do with the Deficit, Debt, Debt Ceiling? |
sabrina 1 |
Jul-10-11 06:18 PM |
#0 |
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Nothing. |
Cleita |
Jul-10-11 06:19 PM |
#1 |
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It's a pool of available money and can be used instead of the rich paying taxes. |
SharonAnn |
Jul-11-11 05:11 PM |
#109 |
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Nothing. I take it your question is rhetorical. |
indurancevile |
Jul-10-11 06:20 PM |
#2 |
| -
Well, is should be rhetorical as it should go without saying |
sabrina 1 |
Jul-10-11 06:42 PM |
#7 |
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Deleted sub-thread |
Name removed |
Jul-10-11 06:51 PM |
#9 |
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Because no one cares about a "trust fund" |
Sgent |
Jul-10-11 06:21 PM |
#3 |
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You do understand that we, the people who paid into SS, |
Big Blue Marble |
Jul-10-11 09:47 PM |
#26 |
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+ 1000 n/t |
sabrina 1 |
Jul-10-11 10:32 PM |
#33 |
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+10000 nt |
woo me with science |
Jul-10-11 10:56 PM |
#42 |
| -
No we aren't |
Sgent |
Jul-10-11 11:27 PM |
#45 |
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Not us individually, |
Big Blue Marble |
Jul-11-11 01:04 AM |
#61 |
| -
Thank you. |
sabrina 1 |
Jul-11-11 11:19 AM |
#73 |
| -
Basically, the Republicans under Bush raided the Social Security |
JDPriestly |
Jul-11-11 05:46 PM |
#113 |
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And the Democrats under Clinton did the same thing too. There was no government budget surplus... |
originalpckelly |
Jul-11-11 08:12 PM |
#129 |
| -
You are so correct. |
Big Blue Marble |
Jul-12-11 12:38 AM |
#139 |
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Clinton was no friend of Social Security. |
JDPriestly |
Jul-12-11 01:36 AM |
#142 |
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I think that's not quite right. I think every administration uses any social security excess monies |
indurancevile |
Jul-11-11 09:28 PM |
#132 |
| -
Bush purposely ran up huge deficits. |
JDPriestly |
Jul-12-11 01:34 AM |
#141 |
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i agree that he purposefully ran huge deficits, but no matter who was president, the |
indurancevile |
Jul-12-11 05:39 AM |
#146 |
| -
The surpluses were used to buy Treasury Bonds. |
JDPriestly |
Jul-12-11 12:45 PM |
#150 |
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Any surplus Social Security collections must be invested in US securities, by law. |
indurancevile |
Jul-12-11 01:19 PM |
#151 |
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Here is more on that issue. |
JDPriestly |
Jul-12-11 02:01 PM |
#153 |
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We seem to be talking past each other. I agree with you that the contract is being rewritten. |
indurancevile |
Jul-13-11 05:36 AM |
#154 |
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"a stealth tax on labor to reduce rates on the rich" |
JDPriestly |
Jul-14-11 02:53 AM |
#155 |
| -
wish I could rec your response.... |
mike_c |
Jul-11-11 02:37 PM |
#87 |
| -
That's on the President - even Republicans knew better. |
polichick |
Jul-10-11 06:21 PM |
#4 |
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Its funny,why is Obama trying to one-up Paul Ryan. |
bahrbearian |
Jul-11-11 04:43 PM |
#105 |
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Nothing, absolutely Nothing |
OwnedByFerrets |
Jul-10-11 06:23 PM |
#5 |
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Not one damn thing |
Autumn |
Jul-10-11 06:37 PM |
#6 |
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Because the mainstream media hates liberal Presidents!!!! They didn't say shit when Bush was in!! |
Major Hogwash |
Jul-10-11 06:46 PM |
#8 |
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Absolutely NOTHING! |
Raine |
Jul-10-11 06:52 PM |
#10 |
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K/R No one even mentions the $2 Billion yearly give-aways to Pakistan Military.. |
lib2DaBone |
Jul-10-11 06:59 PM |
#11 |
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Or total media collusion? |
sabrina 1 |
Jul-10-11 07:16 PM |
#13 |
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It isn't to the Pakistani Military... |
Hawkowl |
Jul-11-11 01:02 PM |
#78 |
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Actually, the Treasury obligations in the "trust fund" are paid... |
soryang |
Jul-10-11 07:02 PM |
#12 |
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Thank you for a clear explanation of what is happening |
sabrina 1 |
Jul-10-11 11:29 PM |
#47 |
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What? There is no social security lockbox in Washington? |
TexDevilDog |
Jul-10-11 07:19 PM |
#14 |
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I am shocked too. I thought it was under a mattress. nt |
Curmudgeoness |
Jul-10-11 07:25 PM |
#15 |
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Nothing, but the Dems put it on the table :( n/t |
slipslidingaway |
Jul-10-11 07:35 PM |
#16 |
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And it isn't the first time they tried. Ted Kennedy got it off the table |
chill_wind |
Jul-10-11 08:23 PM |
#17 |
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Thanks for that, did not know. n/t |
slipslidingaway |
Jul-10-11 09:55 PM |
#29 |
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Thank you, I didn't know that. Those Republicans have |
sabrina 1 |
Jul-10-11 10:45 PM |
#38 |
| -
Baker makes that same great point. Whether they know it or not |
chill_wind |
Jul-10-11 11:47 PM |
#49 |
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'Would have to go back to the SS Trust Fund.' |
sabrina 1 |
Jul-11-11 12:14 AM |
#52 |
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Paying back the $2.6 trillion in the trust fund has to come from somewhere. |
PoliticAverse |
Jul-10-11 09:13 PM |
#18 |
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Thank you. I understand that, and that makes the American |
sabrina 1 |
Jul-10-11 09:22 PM |
#19 |
| -
Deleted message |
Name removed |
Jul-10-11 09:29 PM |
#20 |
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Bullshit. |
robinlynne |
Jul-10-11 09:31 PM |
#22 |
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Bullshit, yourself... |
SDuderstadt |
Jul-10-11 09:39 PM |
#24 |
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By refusing to meet its Social Security obligations in full, when it clearly has the capacity.. |
girl gone mad |
Jul-10-11 09:47 PM |
#27 |
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Deleted sub-thread |
Name removed |
Jul-10-11 09:50 PM |
#28 |
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Thank you, saved me the trouble! n/t |
sabrina 1 |
Jul-10-11 10:34 PM |
#34 |
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Yes, in a sense Social Security recipients are creditors of the government... |
PoliticAverse |
Jul-10-11 09:56 PM |
#30 |
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And politicians know they'll get your vote anyway, so they can take from the poor and give ... |
slipslidingaway |
Jul-10-11 10:45 PM |
#37 |
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Interesting. But the US Govt could default on any of its |
sabrina 1 |
Jul-11-11 01:11 AM |
#63 |
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Your forgetting... With what money would the people sue the gov? |
Devil_Fish |
Jul-11-11 06:39 PM |
#121 |
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taxes. Clinton era tax-rates. Remember a country in prosperity? |
robinlynne |
Jul-10-11 09:30 PM |
#21 |
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The government doesn't have to borrow or sell assets. |
girl gone mad |
Jul-10-11 09:42 PM |
#25 |
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Yes it does, but it is not a SS problem and most Dems are silent on that point. n/t |
slipslidingaway |
Jul-10-11 10:29 PM |
#32 |
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Why not? It's a Pentagon problem to pay for weapons systems |
Recursion |
Jul-11-11 02:54 PM |
#92 |
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Why should we look to the SS system for funding when it was not spent by SS ... |
slipslidingaway |
Jul-11-11 10:40 PM |
#137 |
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In other words, not stealing from people who invested in "the full faith and credit of the US" |
lumberjack_jeff |
Jul-10-11 11:51 PM |
#51 |
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According to Obama: nothing. |
johnaries |
Jul-10-11 09:34 PM |
#23 |
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Do you have a link for that? It doesn't |
sabrina 1 |
Jul-10-11 11:01 PM |
#44 |
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The same thing Iraq had to do with 9/11? |
Karmadillo |
Jul-10-11 10:23 PM |
#31 |
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LOL n/t |
GOPBasher |
Jul-10-11 10:39 PM |
#36 |
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Perfect. nt |
hay rick |
Jul-10-11 10:48 PM |
#39 |
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"What does Social Security have to do with the Deficit, Debt, Debt Ceiling?" --Answer: Nothing |
GOPBasher |
Jul-10-11 10:37 PM |
#35 |
| -
Lol, maybe you could send that to the President |
sabrina 1 |
Jul-10-11 10:54 PM |
#41 |
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That's what people have been asking since Obama appointed his "Deficit Commission", and |
Marr |
Jul-10-11 10:51 PM |
#40 |
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N O T H I N G -- !!!! In fact, it provides a SURPLUS OF $250 BILLION TO BUDGET!! |
defendandprotect |
Jul-10-11 10:59 PM |
#43 |
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Yes, and even last year it still ran a surplus despite the |
sabrina 1 |
Jul-11-11 01:03 AM |
#60 |
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Deleted message |
Name removed |
Jul-11-11 01:12 AM |
#64 |
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Deleted message |
Name removed |
Jul-11-11 05:09 AM |
#67 |
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"...unless of course the Fed. Govt defaults on its obligation to the Fund." |
mike_c |
Jul-11-11 02:44 PM |
#90 |
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Yes... |
SDuderstadt |
Jul-11-11 04:34 PM |
#102 |
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are you always this insulting or are you just having a bad day? |
mike_c |
Jul-11-11 04:41 PM |
#104 |
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Maybe you should try educating the other... |
SDuderstadt |
Jul-11-11 04:46 PM |
#106 |
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Maybe you should read my previous OPs on this subject. It |
sabrina 1 |
Jul-11-11 05:26 PM |
#110 |
| -
Sabrina... |
SDuderstadt |
Jul-11-11 06:13 PM |
#117 |
| -
Deleted message |
Name removed |
Jul-12-11 12:40 AM |
#140 |
| -
Unintentional irony n/t |
SDuderstadt |
Jul-12-11 08:58 AM |
#148 |
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Hi Mike, thank you! |
sabrina 1 |
Jul-11-11 05:41 PM |
#112 |
| -
Deleted message |
Name removed |
Jul-10-11 11:28 PM |
#46 |
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"ask Obama who hates boomers and has said as much" |
SDuderstadt |
Jul-10-11 11:42 PM |
#48 |
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Imagine if your friend Mary loaned you a whole shitpile of money. |
lumberjack_jeff |
Jul-10-11 11:48 PM |
#50 |
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Excellent analogy. |
sabrina 1 |
Jul-11-11 12:18 AM |
#53 |
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+1 |
girl_interrupted |
Jul-11-11 12:21 AM |
#54 |
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It is the govts inability to care for the needs of the most vulnerable |
Rex |
Jul-11-11 04:55 PM |
#107 |
| -
K&R Nothing |
girl_interrupted |
Jul-11-11 12:23 AM |
#55 |
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Someone needs to tell the American people the truth! n/t |
slipslidingaway |
Jul-11-11 12:27 AM |
#57 |
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I think the vast majority KNOW the truth |
Hawkowl |
Jul-11-11 01:04 PM |
#79 |
| -
October 13, 1989 Senator Hollings on Social Security ... |
slipslidingaway |
Jul-11-11 12:25 AM |
#56 |
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'jambalaya of frauds ' ~ nice phrase! |
sabrina 1 |
Jul-11-11 12:58 AM |
#59 |
| -
The WH needs to tell the American people the truth about what has happened to ... |
slipslidingaway |
Jul-11-11 01:14 AM |
#65 |
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Yes, they should tell the truth, but politicians rarely do.. |
sabrina 1 |
Jul-11-11 02:21 PM |
#85 |
| -
Yes, they should tell the truth, but politicians rarely do.. |
sabrina 1 |
Jul-11-11 02:21 PM |
#86 |
| -
We can hope! Thanks for the thread :) n/t |
slipslidingaway |
Jul-11-11 10:17 PM |
#134 |
| -
There was a farmer who had a dog and Bingo was his name-o.... |
roomfullofmirrors |
Jul-12-11 03:03 AM |
#145 |
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Yes he was right! And welcome to DU :))) |
slipslidingaway |
Jul-12-11 10:07 AM |
#149 |
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Well , while they're screwing us, they just want to do it every which way they can... |
kath |
Jul-11-11 12:50 AM |
#58 |
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And, at the risk of sounding like a totally broken record- |
chill_wind |
Jul-11-11 01:08 AM |
#62 |
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That's okay, it cannot be said enough, imo. |
sabrina 1 |
Jul-11-11 10:51 AM |
#70 |
| -
they only want to repeal all th New Deal legisation, the poor are being punished by god so its a sin |
dogmoma56 |
Jul-11-11 05:00 AM |
#66 |
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Thanks for the links, I will try to read them when I have time. |
sabrina 1 |
Jul-11-11 02:44 PM |
#88 |
| -
the GOP raised the debt limit 19 times under Bu$h43, raised the debt $ 4 Trillion, but they don't |
dogmoma56 |
Jul-11-11 09:50 PM |
#133 |
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It will have a lot to do with the deficit, just not the debt |
Recursion |
Jul-11-11 06:45 AM |
#68 |
| -
That doesn't make SS responsible for the deficit |
sabrina 1 |
Jul-11-11 01:37 PM |
#80 |
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Well you might as well say tax cuts and the Pentagon aren't "responsible" for the deficit |
Recursion |
Jul-11-11 02:44 PM |
#89 |
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SS is a separate fund from the Fed. Govt, the Treasury. |
sabrina 1 |
Jul-11-11 04:02 PM |
#100 |
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You're being obtuse: the one fund has to pay the other |
Recursion |
Jul-11-11 06:21 PM |
#119 |
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No, your are being obtuse. |
sabrina 1 |
Jul-11-11 10:20 PM |
#135 |
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China isn't *scheduled* to redeem 2.5 trillion of its bonds over the next 30 years |
Recursion |
Jul-11-11 10:21 PM |
#136 |
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Close enough for a meme. Meme's don't have to be correct, they just have to be something to say. |
CrossChris |
Jul-11-11 09:26 AM |
#69 |
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NOTHING. False choices. They are going to push through cuts. |
jtown1123 |
Jul-11-11 10:53 AM |
#71 |
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Then they should lose their jobs in the next election. |
sabrina 1 |
Jul-11-11 11:43 AM |
#74 |
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Agreed 100% |
jtown1123 |
Jul-11-11 01:38 PM |
#81 |
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It's a shiny object. |
toddwv |
Jul-11-11 11:02 AM |
#72 |
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You should make this point into an OP. |
Devil_Fish |
Jul-11-11 06:46 PM |
#122 |
| -
Nada! |
bobburgster |
Jul-11-11 12:58 PM |
#75 |
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What social security has to do is to be eviscerated to fund BHO's tax cuts for the uber-wealthy so |
indepat |
Jul-11-11 01:00 PM |
#76 |
| -
Deleted message |
Name removed |
Jul-11-11 01:02 PM |
#77 |
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There really isn't a nicer way to say it 'liars' is what they are |
sabrina 1 |
Jul-11-11 01:57 PM |
#82 |
| -
SS and the debt --- |
econoclast |
Jul-11-11 02:01 PM |
#83 |
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I appreciate your post and don't disagree with most of it. |
sabrina 1 |
Jul-11-11 02:15 PM |
#84 |
| -
things not that rosy, i'm afraid |
econoclast |
Jul-11-11 02:49 PM |
#91 |
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Again, those numbers, as always, are based on the current |
sabrina 1 |
Jul-11-11 03:39 PM |
#96 |
| -
digging into the data |
econoclast |
Jul-11-11 04:17 PM |
#101 |
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That is true but the government was not obligated to blow the money on tax cuts and stupid wars |
TheKentuckian |
Jul-11-11 08:30 PM |
#131 |
| -
Thank you Sabrina, for bringing up this conversation everyone else seems feared to tread. SSA is |
earcandle |
Jul-11-11 03:04 PM |
#93 |
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Good post, earcandle. |
sabrina 1 |
Jul-12-11 01:59 AM |
#143 |
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Nothing...but it DOES have a few trillion dollars that look really delicious to 1% of Americans. nt |
NorthCarolina |
Jul-11-11 03:19 PM |
#94 |
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NOTHING. P.E.R.I.O.D. |
999998th word |
Jul-11-11 03:30 PM |
#95 |
| -
ss and the debt ( re-visited from above ) |
econoclast |
Jul-11-11 03:40 PM |
#97 |
| -
Who is 'we' and why would we have to borrow |
sabrina 1 |
Jul-11-11 04:41 PM |
#103 |
| -
Quit weakening the program by lowering the contributions |
999998th word |
Jul-11-11 05:05 PM |
#108 |
| -
This is Obama's idea. If he wanted to be clear he certainly is more than capable, isn't he? |
Jefferson23 |
Jul-11-11 03:44 PM |
#98 |
| -
Can't disagree with anything you said. But what can be done |
sabrina 1 |
Jul-11-11 05:28 PM |
#111 |
| -
I'm not sure about that regarding Clinton, but I see your point. |
Jefferson23 |
Jul-11-11 06:29 PM |
#120 |
| -
However the wars that kill innocent children do relate directly to the deficit. |
grahamhgreen |
Jul-11-11 03:51 PM |
#99 |
| -
I'm pretty busy these days, so I will give my proxy on statements related to this issue to Sabrina1 |
louslobbs |
Jul-11-11 05:48 PM |
#114 |
| -
Hi Lou, haven't seen you around, but I was pretty busy |
sabrina 1 |
Jul-11-11 06:02 PM |
#116 |
| -
Good to see some familiar names like Sabrina 1 I miss DU when I can't be on, but thankfully I have a |
louslobbs |
Jul-11-11 08:07 PM |
#128 |
| -
Here is what caveman said at his press briefing today |
Jim_Shorts |
Jul-11-11 05:58 PM |
#115 |
| -
Agreed. if the repubs are so intent on cuts, bring the troops home. All of them from every place. |
Devil_Fish |
Jul-11-11 06:19 PM |
#118 |
| -
The more I see, the clearer it is that this is about austerity G20 leaders agreed to. |
suffragette |
Jul-11-11 06:55 PM |
#123 |
| -
I have to read more about what the G20 leaders agreed to |
sabrina 1 |
Jul-11-11 11:45 PM |
#138 |
| -
Here are a couple places to start |
suffragette |
Jul-12-11 08:55 AM |
#147 |
| -
Great, thank you. I will read them when I get home later. |
sabrina 1 |
Jul-12-11 01:31 PM |
#152 |
| -
I'll reply in the body of the text, since it would be vulgar, otherwise |
Aerows |
Jul-11-11 06:57 PM |
#124 |
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Lol, succinct and to the point. Now if only we could get the |
sabrina 1 |
Jul-11-11 07:39 PM |
#127 |
| -
Agreed |
Aerows |
Jul-11-11 08:18 PM |
#130 |
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Cut benefits and they get to steal more of the money. |
roamer65 |
Jul-11-11 06:58 PM |
#125 |
| -
I greatly regret that I'm too late to rec this, here's my kick. Great thread, bookmarked. nt |
scarletwoman |
Jul-11-11 07:00 PM |
#126 |
| -
ditto |
inna |
Jul-12-11 02:05 AM |
#144 |
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