Best Quote ever from Birnie Sanders

[Cigar]

https://sphotos-b.xx.fbcdn.net/hphotos-snc6/228394_501192239903481_1293251454_n.jpg

[Chris]

Who wants to gut SS? Isn't it going to go broke? What is the source of "Birnie's" data?

[Mainecoons]

That's "Bernie."

Good grief!

[Cigar]

That's "Bernie."

Good grief!

I'll spell it anyway I like ... besides ... I have you to clean you. :)

[Cigar]

Who wants to gut SS? Isn't it going to go broke? What is the source of "Birnie's" data?

Is it 2030 already?

[Chris]

Is it 2030 already?

CBO: Social Security Now Officially Broke (http://www.nationalreview.com/exchequer/258075/cbo-social-security-now-officially-broke): "Today’s CBO report has some bad news about the deficit. But CBO has some really, really bad news about Social Security: It’s officially broke."

Wake up, Rumpelstiltskin. :-P

[Cigar]

CBO: Social Security Now Officially Broke (http://www.nationalreview.com/exchequer/258075/cbo-social-security-now-officially-broke): "Today’s CBO report has some bad news about the deficit. But CBO has some really, really bad news about Social Security: It’s officially broke."

Wake up, Rumpelstiltskin. :-P

Chew Slowly then Swallow.


http://www.youtube.com/watch?v=ihUoRD4pYzI&feature=player_embedded


http://s3.amazonaws.com/s3.boldprogressives.org/wp-content/uploads/2012/11/Picture-10-200x141.png (http://boldprogressives.org/?attachment_id=4506)

A number of right-wing politicians and corporate CEOs are demanding that Congress and the President agree to cuts to Social Security along with reductions in the corporate tax rate as part of a “Grand Bargain.”


These conservatives who are making this demand should heed the words of their icon, former President Ronald Reagan. In the 1984 presidential debate, Reagan — the most right-wing president in his generation — debunked the lie that Social Security adds to the debt:


REAGAN: Social Security, let’s lay it to rest once in for all…Social Security has nothing to do with the deficit. Social Security is totally funded by the payroll tax levied on employer and employee. If you reduce the outgo of Social Security, that money would not go into the general fund to reduce the deficit. It would go into the Social Security trust fund. So Social Security has nothing to do with balancing the budget or erasing or lowering the deficit.



If only John Boehner, Mitch McConnell and other Social Security nuts would heed the words of this Republican they so often praise. :grin:

[Chris]

A number?

[Cigar]

A number?



Yes or No, was Regan correct about Social Security?

[Chris]

Yes or No, was Regan correct about Social Security?

Yes or no, is SS broke?

[Cigar]

Yes or no, is SS broke?


No it's not, because I'm paying into it.

You have to admit, Bernie is one of the rational ones.

[Chris]

No it's not, because I'm paying into it.

You have to admit, Bernie is one of the rational ones.

So, I'm paying into it as well. It's still, according to the government, broke.

Were he rational, you'd've answered my questions about his claims.

[Peter1469]

Yes or No, was Regan correct about Social Security?

That is the way SS was supposed to work. But Congress raided the SS trust fund for the last decade or two. That money has to be paid back; that will add to the deficit and the debt.

[Chris]

Social Security, for example, ran only a $165 billion deficit this year, and in part this is due to the "temporary" payroll-tax cut that some now want to make permanent. But even beyond the shortfall that cut produces, Social Security was $53 billion in the red this year. By 2022, Social Security deficits (technically, redeeming the bonds in the Social Security Trust Fund) will consume $345 billion in general revenues. But that is just the tip of the iceberg. According to the latest report of the Social Security Trustees (page 15), the present value of the program's unfunded liabilities is $20.5 trillion.

@ Neither Party Is Serious About Spending (http://www.realclearpolitics.com/articles/2012/12/06/neither_party_is_serious_about_spending_116346-2.html)

No, it ain't broke. :rollseyes: