<< Back to Off-topic Forum   Search

Posts 71 - 90 of 102   <<Prev   1  2  3  4  5  6  Next >>   
What is Trump's secret?: 2/24/2016 03:00:30


Darth Darth Binks
Level 56
Report
And you're gonna vote for him because frankly, you're a moron.

Screw you, too. Calling you out on your error does not equate to me defending or advocating for anyone.
What is Trump's secret?: 2/24/2016 03:05:06


TeamGuns
Level 59
Report
I'm all for slashing the military budget as a fiscal conservative...but it has to be responsible. Instead of doing arbitrary budget cuts like "cut the defense budget by 50%"


Idk what the hell you're talking about, my military spending is arround your 300 billions. And 50 percent is arbitrary, it's a responsible ammount that keeps the US as the first military power in the world.


About the liabilities, in 30 seconds I found an article dismissing you

The numbers are big, but are lacking a lot of context. This is what is known as “unfunded obligation through the infinite horizon.” According to the Social Security trustees, that amounts to $23.1 trillion for Social Security. And the figure through 2087 — some 75 years from now — is actually just $9.6 trillion.

But a better way to express these numbers is as a percentage of the gross domestic product, the broadest measure of the U.S. economy. That $23 trillion turns out to be 1.4 percent of GDP, or 4 percent of taxable payroll.

Depending on which economist you consult, this is either manageable or a potential problem. There is certainly a gap, and either payroll taxes or federal individual and corporate income taxes would need to be raised, possibly significantly, in order to close it.



Liabilities are just a spending that will occur in the future. In the actual scenario, social security lengts money to the US gvnt in stupid rates that won't be able to sustain the hole program in the future. Social Security money should have been invested in things that would make it sustainable, and not in the US government.


Just know that you would be removing subsidies for ethanol (given to the Environmental and Renewable Energy Sector), agricultural products, solar power, SpaceX, and Tesla as well.


Yea, I'm not an hippocrite, all subsidies should be cut. If you wanna spend money to search expensive new technologies, spend it yourself, you shouldn't give money to corporations so they can make profit out of it in the future. That's called waste of public funds.

And yea, the tax evasion money comming thing isn't essential for my government cut idea, but it would save some years of debt the US made. The program works in the long run.



@Darth Darth Binks

Screw you, too. Calling you out on your error does not equate to me defending or advocating for anyone.


Seems like I touched a nerve? It's not an error when it's true lol. Trump's program is ridiculous and you're supporting it.

Edited 2/24/2016 03:06:48
What is Trump's secret?: 2/24/2016 03:09:40


Darth Darth Binks
Level 56
Report
Well, you insulted me, spread skewed and/or untrue information around, don't know the difference between defending people and calling out bullsh*t, and think you know who I support. I guess you could say you're not my type.
What is Trump's secret?: 2/24/2016 03:15:03


[AOE] JaiBharat909
Level 56
Report
But a better way to express these numbers is as a percentage of the gross domestic product, the broadest measure of the U.S. economy. That $23 trillion turns out to be 1.4 percent of GDP, or 4 percent of taxable payroll.

Can you link the article? Current US GDP is around 15 trillion, so how is $23 trillion 1.4 percent of GDP?

In the actual scenario, social security lengts money to the US gvnt

I would appreciate if you source this. I'm a bit confused by what you mean the Social Security lends money to the government? I thought it was the opposite. Doesn't the government borrow against the Social Security Fund to pay for current liabilities and holes in the deficit?

all subsidies should be cut. If you wanna spend money to search expensive new technologies, spend it yourself, you shouldn't give money to corporations so they can make profit out of it in the future. That's called waste of public funds.

Amen. Couldn't agree more. Just wanted to make sure we were on the same page.

Edited 2/24/2016 03:15:25
What is Trump's secret?: 2/24/2016 03:15:24


Жұқтыру
Level 56
Report
Trump (if he does what he says) is way better than he is cut out to be. In my opinion (a phrase in which you very often forget to say) Bernie Sanders is the best candidate for the pick, since he wants to stop warring every 3rd country, to tone it down (not fully, but noone's going to do it fully), but he's going to wreck American domestic economy. Trump, what's the worst he's going to do? Take over everywhere, and banning abortion? Yeah, that's terrible, but it won't wreck his homeland.

Edited 2/24/2016 03:15:44
What is Trump's secret?: 2/24/2016 03:18:13


Darth Darth Binks
Level 56
Report
I'd rather have an honest man who's already dead than a fake woman that lies on a bed of scandals and almost seems to want to keep a partisan rift.
What is Trump's secret?: 2/24/2016 03:39:03


Major General Smedley Butler
Level 51
Report
Also, his secret is that he says mid-level controversial things then has the media twist his words so he can get radicals and normals at the same time.
What is Trump's secret?: 2/24/2016 03:43:55


Darth Darth Binks
Level 56
Report
^That's one thing I can't help but respect about Donald Trump. He's playing the media outlets for a bunch of fools; rather, he's letting them do it themselves, and he profits.
What is Trump's secret?: 2/24/2016 03:50:02


Genghis 
Level 54
Report
Ummm we'll be finding more and more efficient ways of manafacturing, surveying and extracting oil to keep it a sustainable business.

Remember, business is innovation and petroleum is a huge industry.
What is Trump's secret?: 2/24/2016 03:51:36


TeamGuns
Level 59
Report
@[AOE] JaiBharat909

https://www.washingtonpost.com/news/fact-checker/wp/2013/10/23/does-the-united-states-have-128-trillion-in-unfunded-liabilities/

About social security, I was a bit mistaken, the social security isn't solvable since 2009, but as wikipedia says:

Current year expenses are paid from current Social Security tax revenues. When revenues exceed expenditures, as they did between 1983 and 2009, the excess is invested in special series, non-marketable U.S. government bonds. Thus, the Social Security Trust Fund indirectly finances the federal government's general purpose deficit spending. In 2007, the cumulative excess of Social Security taxes and interest received over benefits paid out stood at $2.2 trillion.

Social security money was "borrowed" (more like stolen) by the US treasure. This money should have been invested in more profitable things. The deficit hole in the social security should have appeared latter, maybe in 20-30 years without that current investment in government bonds. Also, if you lift the imposable cap (113,700$ actually) the program can fund itself for a very long time.


@Darth Darth Binks

That's one thing I can't help but respect about Donald Trump. He's playing the media outlets for a bunch of fools; rather, he's letting them do it themselves, and he profits.


Yea, trump is a smart ass. Plus, he doesn't believe in what he says. One more argument for you not to support him.

Edited 2/24/2016 03:54:02
What is Trump's secret?: 2/24/2016 03:58:34


Darth Darth Binks
Level 56
Report
One more argument for you not to support him.

I don't.
What is Trump's secret?: 2/24/2016 04:00:05


Major General Smedley Butler
Level 51
Report
Also , I don't see how Bernie the bomber will stop messing with countries.
What is Trump's secret?: 2/24/2016 04:03:48


[AOE] JaiBharat909
Level 56
Report
Social security money was "borrowed" (more like stolen) by the US treasure. This money should have been invested in more profitable things. The deficit hole in the social security should have appeared latter, maybe in 20-30 years without that current investment in government bonds. Also, if you lift the imposable cap (113,700$ actually) the program can fund itself for a very long time.

Ahh okay thanks for the clarification.

At the least I think Social Security reform is needed. Means test the program (meaning eliminate payout of benefits to people with incomes over a certain amount), gradually increase the retirement age by 1 month every year for 24 years, and gradually decrease payment benefits (college kids won't care about this). I hold the position that Social Security as passed was unconstitutional, but since its here to stay we may as well make it work for those who really really really need it.
What is Trump's secret?: 2/24/2016 04:36:07


Жұқтыру
Level 56
Report
Also , I don't see how Bernie the bomber will stop messing with countries.


Contrasts, between B. Sanders (#1), H. Clinton (#2)and B. Carson (#3):

America should lower military spending.
1; 2

NSA should stop spying upon other countries.
1; 2; 3

America should (forcibly) stop Russian airstrikes in Syria.
2

America should get out of the Syrian war.
1

Edited 2/24/2016 04:36:20
What is Trump's secret?: 2/24/2016 04:47:50


Major General Smedley Butler
Level 51
Report
He supported many interventions while in Congress, don't see how what he says trumps what he did.
What is Trump's secret?: 2/24/2016 04:49:26


Жұқтыру
Level 56
Report
This is all assuming that what they say is what's going to happen. And there he had to go with the mob mentality - if he becomes dictator, he leads the mob mentality.

Edited 2/24/2016 04:49:36
What is Trump's secret?: 2/24/2016 04:54:25


Major General Smedley Butler
Level 51
Report
He often went against the people who he's supposed to represent. In the 90s, he threw a "town hall" where he didn't let the people voice their opinions and spouted out US propaganda. He was a Democratic Party puppet they used to keep down the possibility of a third party. He went against the mob mentality nearly everytime (which was to not bomb random places).
What is Trump's secret?: 2/24/2016 04:58:30


Genghis 
Level 54
Report
Trump pretends to be incompetent. Behind him and the other candidates are giant PR teams. Don't be confused or deceived. Ever.
What is Trump's secret?: 2/24/2016 05:03:40


TeamGuns
Level 59
Report
@[AOE] JaiBharat909

I partially agree with that. Social security should be reformed and retirement age should increase as well, as the human life expectancy is getting higher as well. And maybe even faster then you proposed, and it should increase to 70 years by 2040.

About and gradually decreasing payment benefits it depends on whom, you shouldn't decrease payments for elder people after they paid for the entire actual system. We can't punish them after they contributed for their entire life to the system and we can't change rules after they were set. But I agree benefits should decrease to yet to be retired people.

And yea, college kids shouldn't care about it. I firmly believe in that even though I won't retire before some 50 years, maybe more if we increase the retirement age ;).


I hold the position that Social Security as passed was unconstitutional, but since its here to stay we may as well make it work for those who really really really need it.


shhh, don't spoiler me, I've barelly started reading about the New Deal and I haven't reached that part yet. So, I won't argue with you on that.
What is Trump's secret?: 2/24/2016 06:59:12


Thomas 633
Level 56
Report
I can't agree with anything that harms retired people, they don't get paid enough already.
Posts 71 - 90 of 102   <<Prev   1  2  3  4  5  6  Next >>