General Discussion

Scuba

(53,475 posts) Thu Dec 20, 2012, 02:18 PM Dec 2012

I might be able to swallow the chained CPI if they were using the savings to pay down the debt.

But since the intent is to use the savings to give the wealthiest a bigger tax cut, my answer is no, no and NO.

9 replies

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I might be able to swallow the chained CPI if they were using the savings to pay down the debt. (Original Post) Scuba Dec 2012 OP

If you understood it, you would not want it. SugarShack Dec 2012 #1

The debt was run up to pay for wars, tax cuts for the 1%, and gifts to big bankers. limpyhobbler Dec 2012 #2

Why? Unless you are in the top 1%, it's not your debt. Autumn Dec 2012 #3

Third Way Manny does it better Fumesucker Dec 2012 #4

We should pay down the debt by increases taxes on corporations jtown1123 Dec 2012 #5

econ 101 madrchsod Dec 2012 #6

HELL No! Not under any conditions. cbrer Dec 2012 #7

^^^This x1,000,000,000,000,000,000,000,000 truebrit71 Dec 2012 #9

Or if it is set against a real reduction of costs experienced by seniors HereSince1628 Dec 2012 #8

SugarShack

(1,635 posts)

1. If you understood it, you would not want it.

Reply to Scuba (Original post)

Thu Dec 20, 2012, 02:24 PM

Dec 2012

It's been explained here on DU in detail.

limpyhobbler

(8,244 posts)

2. The debt was run up to pay for wars, tax cuts for the 1%, and gifts to big bankers.

Reply to Scuba (Original post)

Thu Dec 20, 2012, 02:35 PM

Dec 2012

Why should seniors and disabled vets take cuts to pay for the debt when they did not benefit from the debt?

Just say no.

Autumn

(45,012 posts)

3. Why? Unless you are in the top 1%, it's not your debt.

Reply to Scuba (Original post)

Thu Dec 20, 2012, 02:56 PM

Dec 2012

These wars? The politicians chose those. The MIC is the biggest bloated carcass we have, and a lot of these politicians get wealthy off it. The chained CPI is a theft from those who can least afford it to pay for a debt incurred by a worthless segment of the population. Fuck them. Not one fucking red cent.

Fumesucker

(45,851 posts)

4. Third Way Manny does it better

Reply to Scuba (Original post)

Thu Dec 20, 2012, 02:59 PM

Dec 2012

There's a difference between satire and outright fantasy.

jtown1123

(3,203 posts)

5. We should pay down the debt by increases taxes on corporations

Reply to Scuba (Original post)

Thu Dec 20, 2012, 03:04 PM

Dec 2012

and the wealthy.

How on earth you can swallow cutting modest benefits that people would die without?

madrchsod

(58,162 posts)

6. econ 101

Reply to Scuba (Original post)

Thu Dec 20, 2012, 03:06 PM

Dec 2012

-for each dollar invested in the common good returns a minimum of 5 dollars.

cbrer

(1,831 posts)

7. HELL No! Not under any conditions.

Reply to Scuba (Original post)

Thu Dec 20, 2012, 03:08 PM

Dec 2012

SSA has nothing to do with the debt. To associate it with the Federal debt is to establish a precedent that the GOP can use for years to come when they want to point to government spending. Which is pure bullshit. We pay into it, we draw out of it.

truebrit71

(20,805 posts)

9. ^^^This x1,000,000,000,000,000,000,000,000

Reply to cbrer (Reply #7)

Thu Dec 20, 2012, 03:11 PM

Dec 2012

HereSince1628

(36,063 posts)

8. Or if it is set against a real reduction of costs experienced by seniors

Reply to Scuba (Original post)

Thu Dec 20, 2012, 03:11 PM

Dec 2012

I'd see forcing Medicare to negotiate with Pharma on Rx prices as such a thing.

That'd save many seniors a lot of money on Rxs and supplementary insurance that covers prescriptions.

On edit:

AND it would reduce overall Medicare spending.

Which seeming such a good idea means it will never happen

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