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Ok, I'll bite... briefly. A.) I spent more than five minutes. Regardless, I stated at "at a glance". B.) I did not say the media has it all wrong. I said many
by Cshelton 10y ago
Ok, I'll bite... briefly.
A.) I spent more than five minutes. Regardless, I stated at "at a glance".
B.) I did not say the media has it all wrong. I said many things, NOT ALL, perpetuated by both sides in the media are different than the data from government sources. I don't think anybody would argue that both sides, especially recently, have had media reports that sketch and bend the truth. And both sides just claim the other is "fake news".
C.) I never said I figured out how to avoid deficits. I stated a problem, which is running a deficit perpetually is not sustainable. I'd love to hear a solution if you have one.
D.) For taxes, I once again stated an observation from the report, which supports the idea of a simplified tax system. No, I didn't lay out my full economic tax plan suggesting what to do. If you read one of the other comments, their is a link about historical effective tax rates, go check that out. That, along with the tax revenue by the federal government, is why I made my statement.
And finally yeah, the problem with social security is many faceted. But from a selfish, personal reason... highly unlikely any of the money I'm paying in right now will EVER come back to me. So yeah, I believe it's a problem.
- tptacek 10y agoI don't even understand the argument you've made. From your original comment, it appears that you dove into a site full of graphs, came up with "405 billion shortfall", and declared the program imperiled. I can't find that number on the site (I may have spent less time looking than you did) and it doesn't square with the Trustees report or, for that matter, with the conventional wisdom that Social Security is probably not our big problem --- relatively small, long-overdue fixes to SSDI will more or less resolve budget concerns there --- but instead Medicare. Your comment at the top of this thread is sort of a perfect illustration of the problems of sites like these.