Tmutarakhan wrote:Obamacult wrote:Someone posted that social security and health care are different funding streams, I really don't know what stream that dude is drinking from
It's called "reality", wish you could join us.
Obamacult wrote: but the federal government spends and borrows over 40% of its current spending on social security and health care.
No, the Social Security and Medicare spending comes out of the payroll taxes and premium payments dedicated to those purposes, which are currently in
surplus (supplying more money than the expenditures) although this will not always remain the case. The governmental
borrowing is for the other parts of the budget, which income tax (and other revenues, but the income tax is the major source) woefully fails to cover thanks to George W. Bush's act of intentional sabotage.
Srsly dude, spending today, not yesterday, not tomorrow, but today by the federal government is over 20% for both social security and 20% for health care. Check out this graph from the Bush and Romney bundler Center for Budget and Policy Priorities. Yeah, I know they are rightwing nutjobs, NOT, but they are all I had:
Does anyone have any questions? And check this out, Obama borrowed $0.40 for every dollar he has been spending to pay for all this crap and if you try and tell me that social security and health care pay for themselves when they are over 50% of a budget that requires borrowing for 40% of the budget then I got a bridge to nowhere to sell you.
Yeah, I know Politifact is a big time Romney and conservative bundler funded by the Koch brothers, NOT, but that is all I got. And yeah your right social security is just barely paying its bills by the skin of its teeth, but what happens when the number of people receiving benefits is ten times the number paying into the system? Did ya ever think about that junk? And did you know that we are already taxing individuals and businesses to pay for this crappy system and you srsly want to tax them more and you think that won't kill an economy already on life support?
Who ya goin' blame in the next four years when we have no more wars and the deficit keeps getting bigger? Bush, Congress, rich dudes, ya didn't know it was this bad ?