The Current Events, News, and Politics Thread
#3564
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Originally Posted by Scrappy Jack
What if entitlement reform meant a lot fewer people were eligible for care or benefits due to things like means testing and increased full retirement ages or caps on medical spending?
Because this is a picture/video thread...
Are you pondering what I'm pondering?
#3565
From these levels, given that the private sector is still repairing its balance sheet (mostly households as corporations are able to do that much more quickly)? Probably a recession.
Would tax and entitlement reform be a boon to "ALL Americans?" What if tax reform meant getting rid of deductions like mortgage interest and charitable deductions with only a minor reduction in the marginal rate? That would be a real kick in the ***** for me.
What if entitlement reform meant a lot fewer people were eligible for care or benefits due to things like means testing and increased full retirement ages or caps on medical spending?
Would tax and entitlement reform be a boon to "ALL Americans?" What if tax reform meant getting rid of deductions like mortgage interest and charitable deductions with only a minor reduction in the marginal rate? That would be a real kick in the ***** for me.
What if entitlement reform meant a lot fewer people were eligible for care or benefits due to things like means testing and increased full retirement ages or caps on medical spending?
As for your recession comment, If government enacted something as stoopid as sequestration, then YES, we probably would have a recession. Yes, I'm ASSuming that government would make good decisions, which is patently not the case in either party.
The best I can hope for is the smallest possible government with the least amount of intrusion into my life. The Constitution helped in this regard, once upon a time.
#3566
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Also, I am not sure what you mean by the government being "the very people who EFFED everything up," but I will bet you $100 that I can make an excellent argument that whatever "everything" is - from the recent global financial crisis to the US Federal income tax code - that the private sector was at least as complicit as the government.
Thinking the government is always and ever the bad guy/incompetent/immoral and the private sector always and ever the good guy/competent/moral is super silly.
As for your recession comment, If government enacted something as stoopid as sequestration, then YES, we probably would have a recession. Yes, I'm ASSuming that government would make good decisions, which is patently not the case in either party.
The best I can hope for is the smallest possible government with the least amount of intrusion into my life. The Constitution helped in this regard, once upon a time.
The best I can hope for is the smallest possible government with the least amount of intrusion into my life. The Constitution helped in this regard, once upon a time.
A great example is violent crime. Ask the average person if there are more or fewer homicides in the last few years versus the 1990s or the 1960s and if it has been getting better or worse.
If they answer that the average homicide rate is lower over the past 5 years (2007 - 2011) than the 1960s or the 1990s and that the trend has been getting better, I'll be damned impressed. I know that I never would have guessed that until I actually went looking for data.
A graph of all violent crime in the USA for the past few years from the FBI Uniform Crime Reporting program:
How about economic activity? Was the 3rd quarter of 2012 GDP growth - after inflation - better or worse than the 20 year average? If they answer that it was 3.1% versus 2.5%, drinks are on me.
How about dollar terms? The USA lost $625 billion of economic output during the last recession. Since then, it has recovered $951 billion of economic output. Does that mean it couldn't have been better? No. But it does mean it's not as bad as people think.
Sorry to bring a bunch of data and objective facts to the discussion, but at least I added a picture. Charts are pictures, right?
I deal with people every day that let emotion and bias overwhelm their otherwise intelligent and rational thought process and it's so frustrating (and a little bit sad). It's like they are all wearing that shirt from the Mythbusters that says, "I reject your reality and substitute my own."
Or, instead of "my own" it should read "the one fed to me by the echo chamber of whatever biased editorial sources I consume."
#3567
Yes, I'm super silly *****. Jack, one of my New Years resolutions is to not waste time explaining myself on forums, because that would be just....silly.
Perhaps diving into the minutiae with you would be good over coffee or a beer, but suffice it to say that to my eyes our system is broken in the broadest possible context, and that we're not only going downhill but we're also picking up speed.
If only I had a graph...
Perhaps diving into the minutiae with you would be good over coffee or a beer, but suffice it to say that to my eyes our system is broken in the broadest possible context, and that we're not only going downhill but we're also picking up speed.
If only I had a graph...
#3568
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#3569
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That same bill has been introduced every 2 years by Serrano since 1997. It's never gone past committee.
1997: Full Text of H.J.Res. 19 (105th): Proposing an amendment to the Constitution of the United States to repeal the ... - GovTrack.us
1999: Full Text of H.J.Res. 17 (106th): Proposing an amendment to the Constitution of the United States to repeal the ... - GovTrack.us
2001: Bill Summary & Status - 107th Congress (2001 - 2002) - H.J.RES.4 - THOMAS (Library of Congress)
2003: Bill Summary & Status - 108th Congress (2003 - 2004) - H.J.RES.11 - THOMAS (Library of Congress)
2005: Bill Summary & Status - 109th Congress (2005 - 2006) - H.J.RES.9 - THOMAS (Library of Congress)
2007: Bill Summary & Status - 110th Congress (2007 - 2008) - H.J.RES.8 - THOMAS (Library of Congress)
2009: Proposing an amendment to the Constitution of the United States to repeal the twenty-second article of amendment, thereby removing the limitation on the number of terms an individual may serve as President. (2009; 111th Congress H.J.Res. 5) - GovTrac
I'm sure THIS TIME it'll be different though.
#3571
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It was posted on another forum and I found a Nicholas Phelps / Laura Phelps that live in Sandy Hook, CT. That's as far as I went with it because the main claim by people on that forum was that there was no one by the name "Nick Phelps" that lived in the area.
#3572
#3576
Ryan_G - Your response seems to presuppose that the current system is unsustainable and unaffordable and that no one needs to plan for their future responsibly. This may "seem right" based on whatever ideological or political or religious bias you naturally hold. That does not mean it is operationally accurate.
Because this is a picture/video thread...
Are you pondering what I'm pondering?
Because this is a picture/video thread...
Are you pondering what I'm pondering?
The current system of medicare and SS are not affordable atleast not without reductions in coverage or real income payouts.
When I said people would have to start planning for their future responsibly I guess I was linking one problem to another when they are really unrelated. I know there are a lot of americans who do not properly plan for retirement and then live almost solely off of SS or have to take SS and work in order to stay afloat. This is really more of a problem with how they handle their own finances and not the cause of the current system.
EDIT: Your link works in my quote but it doesn't show up for me in the original post. It is also much larger then when I tried to view it the first time so maybe I'll attempt to read it now.
EDIT 2: Ok I read the graph. I see that you are pointing out that medicare costs have dropped to rising at a little over 2% annually as of January 2012. However, the problem with medicare is not the current payouts or ever the payouts per person. It is the future obligations and the actual total payouts that are unsustainable. You will soon have many more people taking payments than people paying in to the fund. I don't care if costs per person is rising slowly. The money is just not there so it really doesn't matter.
#3577
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The current system of medicare and SS are not affordable atleast not without reductions in coverage or real income payouts.
[...]
EDIT 2: Ok I read the graph. I see that you are pointing out that medicare costs have dropped to rising at a little over 2% annually as of January 2012. However, the problem with medicare is not the current payouts or ever the payouts per person. It is the future obligations and the actual total payouts that are unsustainable. You will soon have many more people taking payments than people paying in to the fund. I don't care if costs per person is rising slowly. The money is just not there so it really doesn't matter.
[...]
EDIT 2: Ok I read the graph. I see that you are pointing out that medicare costs have dropped to rising at a little over 2% annually as of January 2012. However, the problem with medicare is not the current payouts or ever the payouts per person. It is the future obligations and the actual total payouts that are unsustainable. You will soon have many more people taking payments than people paying in to the fund. I don't care if costs per person is rising slowly. The money is just not there so it really doesn't matter.
#3580
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Nice! Where did you see that at?
[I am genuinely not trying to be pedantic here. I will admit that I am still very much educating myself on some of the operational details of the Social Security and Medicare systems. These kinds of conversations help me identify holes in my understanding so I am not just trying to be argumentative for the sake of it.]
That said, help me understand what it means when you say Social Security and Medicare are "broken." You earlier referenced that "[t]he money is just not there" and that the programs were "not affordable." You then say that there is no threat of the US Federal government running out of money.
Those seem like directly contradictory statements.
What does it mean, operationally, for them to be "broken?" For example, if a car is "broken," that might mean it does not run at all or it runs very poorly. A "broken" chair might mean it will not support any weight and is therefore not functional as a seat. In other words, the items are no longer functional for their intended purposes.
What do you mean when you say that Social Security and Medicare are "broken?"
That said, help me understand what it means when you say Social Security and Medicare are "broken." You earlier referenced that "[t]he money is just not there" and that the programs were "not affordable." You then say that there is no threat of the US Federal government running out of money.
Those seem like directly contradictory statements.
What does it mean, operationally, for them to be "broken?" For example, if a car is "broken," that might mean it does not run at all or it runs very poorly. A "broken" chair might mean it will not support any weight and is therefore not functional as a seat. In other words, the items are no longer functional for their intended purposes.
What do you mean when you say that Social Security and Medicare are "broken?"