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Old 08-06-2011, 04:16 PM   #12
CatLuvkaLover

Join Date
Oct 2005
Posts
368
Senior Member
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Oh my God, Social Security will bankrupt the nation, by 1950 at the latest, we just can't afford it.
Medicare will be bankrupt by 1976, we just can't afford it.

We really need to be rational about all this. We could simply raise taxes to levels that are still lower than what people in other countries pay, and balance the budget and pay off the debt. It's only a problem because of the GOP "no more taxes" religious dogma. Like a devout Jew starving to death in a place where pork is plentiful. Our "problem" is self inflicted by the desire to adhere to dogma that has no basis in any kind of rational analysis of the situation.
And Obama still would not do it thus making the Bush tax cuts now the Obama tax cuts. Your GOP "no more taxes" rhetoric did not matter at the time, Obama and the left hand the opportunity, control, and ability to set taxes to a level that made sense. But, wasted it. Fearful of the recession, fearful of the politics of it, holding onto "we inherited it" and abandoning the stance that raising taxes eventually creates a better economy. Our problem is self inflicted, and Obama and crew are now on the list with plenty of GOP members as well that are contributors to that problem.
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