Of course it is. If they can't borrow more money, "non-essential" portions of the government will have to shut down. Yahoo.
a lot more than non-essential operations will shut down - unless you don't consider things like the FAA, border security, food inspections, and so on "essential"
#101. To: Skip Intro, go65, capitalist eric (#96)(Edited)
unless you don't consider things like the FAA, border security, food inspections, and so on "essential"
He doesn't. You could also add the air traffic controllers, FDA, OSHA, the EPA, National Parks, Post Office, and on and on.
The government will collect $179 billion in taxes in August. Interest on the debt, Social Security, Medicare, and military salaries add up to $143 billion. That's $36 left for other things.
Here's how to make that $36 billion larger: 25% of people over 65 have pensions or incomes from annuities or property that classifies them as "wealthy". Remove these freeloaders from Social Security and Medicare and you'd have more more to spend on "essential" things.
Then get rid of all government subsidies for energy, agriculture, NPR, NEA, etc. and crazy "research" programs like studying hookers in China and the size of gay men's penises and you'd have a bunch of additional money.
Then sell the Post Office, Amtrak, and other services that could be better provided by business and you'd have even more money.
It's pretty darn simple to cut enough spending to close the deficit.
Here's how to make that $36 billion larger: 25% of people over 65 have pensions or incomes from annuities or property that classifies them as "wealthy". Remove these freeloaders from Social Security and Medicare and you'd have more more to spend on "essential" things.
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So you support feral goobermental theft of AMERICAN'S assets?
So, IF the gooberment TAKES money from you your entire working life, AND you manage to end up NOT on "assistance", then the gooberment can just KEEP your money because you are too "rich"? So then they can use YOUR money to pay "assistance" to those who "need" it?
Who gets to say who is and who is not "wealthy"?
YOU? The feral gooberment?
Don't you see this is an issue designed to fracture the American population along generational lines?
I totally agree that SS is un-Constitutional, but ... it EXISTS. Many of us have lived under this noxious system for ALL of our working lives. But hey FUCK us right?
(Btw I don't get ANY sort of goobermental "assistance", AND I'm NOT "wealthy".)
In fact I am eligible to apply for alot of "programs' but I'd rather die than take it.
But, if you want to get technical, SS does owe me the money that they stole from me ALL of my working life, plus interest, plus the inflation. That's what they owe EVERYBODY whose money they stole by force.
We ought to change this ponzi scheme for the people younger than us, but WE older Americans have paided SS taxes, every fucking paycheck of our lives, ALL of OUR LIVES.
So .... then you say ...
FUCK the "25% of people over 65", FUCK the American people eh?
As if it'll make a bit of difference.
In case you hadn't noticed the messiah 'king" obammy and his Chi-town gang of commies have started a real depression and are destroying OUR economy as we speak.
The odds are very low that SS is going to be there for ANYBODY at this rate.
I sure have never counted on it.
But, that does NOT mean that it's OK to steal YEARS of payments from innocent people.
I would cut spending the day I arrived as president, it would be EASY.