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In reply to the discussion: For anyone who doesn't believe entitlements + interest on the debt will crowd out all other spending [View all]Lasher
(27,778 posts)7. You don't account for revenue
Last edited Sun Apr 14, 2013, 06:41 AM - Edit history (1)
And you forgot to link your source: A Conservative Libertarian Think Tank that fronts for Microsoft and David Koch.
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For anyone who doesn't believe entitlements + interest on the debt will crowd out all other spending [View all]
dkf
Apr 2013
OP
If you take the POV that entitlements are inviolate then everything else gets cut first.
dkf
Apr 2013
#2
No, if you decreased defense and non entitlement spending, you'd have a primary surplus
muriel_volestrangler
Apr 2013
#23
In the OECD, only Mexico and Chile collect a lower percent of GDP in taxes than us.
dawg
Apr 2013
#40
SS is self funded and doesn't cost the Fed Gov anything, Nor did it have anything to do with the
sabrina 1
Apr 2013
#8
No matter how many times that myth gets repeated, lowering SS payments would decrease the deficit
Recursion
Apr 2013
#13
I'm all for dropping the full SS age to 55, at least until unemployment drops below X%
Recursion
Apr 2013
#18
How? It does not claim it is part of the budget and says nothing to disagree with me
Dragonfli
Apr 2013
#84
No, just your misrepresentation of one of their projections, try reading the post
Dragonfli
Apr 2013
#86
Repeating a lie multiple times does not make it true, the treasury handles their money, so what?
Dragonfli
Apr 2013
#91
SS can not be funded out of General Revenue BY LAW. The myth is that SS has anything
Vincardog
Apr 2013
#80
The money comes from the trust fund's surplus when payments out exceed FICA in
Dragonfli
Apr 2013
#65
It's a lie. The SS trust fund is not "one area of the budget", you are talking about
Dragonfli
Apr 2013
#75
So is your concept of government that you can't trust future congresses?
muriel_volestrangler
Apr 2013
#25
I am not disputing the fact that the MyGovCost website is spinning data to support its purposes...
DreamGypsy
Apr 2013
#57
Social Security is paid for with the payroll tax, that should not be included.
AnnieK401
Apr 2013
#10
Social security payments do not contribute to the deficit and the debt.
freedom fighter jh
Apr 2013
#39
Why not pass the JObs Act that Obama proposed to get that tax revenue rolling in again?
CTyankee
Apr 2013
#12
I've been reading Krugman since he started his NYT column over 10 years ago. He has
CTyankee
Apr 2013
#73
This contradicts the post you put up yesterday that shows interest isn't a major factor.
leveymg
Apr 2013
#24
Oh, just come out and say you think Social Security should be done away with, and get it over with.
djean111
Apr 2013
#26
Umm, Cost of Living Increases are designed so that benefits can be paid in constant dollars
Tom Rinaldo
Apr 2013
#43
Yes he has, and the near unamimous concensus of independent economic experts is
Tom Rinaldo
Apr 2013
#52
Seniors today certainly have a higher standard of living than seniors 10, 20, or 30 years ago
Recursion
Apr 2013
#54
For anyone who doesn't believe that tax fraud and offshore banking, along with defense and ..
ananda
Apr 2013
#31
Don't forget that thr Social Security spending assumes the big benefit cut which will occur
bornskeptic
Apr 2013
#77
Gee dawg, your chart makes it look like our low tax philosophy is the entirety of our problem.
dawg
Apr 2013
#47
OK, but isn't about 2/3 of that interest payable to the Social Security Administration?
1-Old-Man
Apr 2013
#61