Repeal Healthcare bill? - PeachParts Mercedes-Benz Forum

Honus · #1 10-21-2010, 08:42 AM

Quote:

Originally Posted by kknudson

You do understand there isn't one thin dime in the SS trust fund.
Our great leaders have spent it willy nilly.

More was coming in than going out, so out leaders spent that too.

Now the day is coming when there won't be enough coming in to cover whats going out so they'll have to start taking money out of the trust fund to make up the difference.
Oh wait, there's nothing in there, my oh my what will we do ??

Modest adjustments now will make the system solvent for decades.

Quote:

Funny a corporation must have reserves to pay it's pension obligations, ah but this is the government.

Exactly right. This is one thing that only the federal government can do and it does it very, very well.

aklim · #2 10-21-2010, 09:06 AM

Quote:

Originally Posted by Honus

Modest adjustments now will make the system solvent for decades.

Exactly right. This is one thing that only the federal government can do and it does it very, very well.

Yeah, right. When your worker pool shrinks by 10, a minor change is needed. Let me cut your household income by a factor of 10 and you tell me that.

Now I see how you come about with that statement. You compare apples with oranges. Care to explain why if the govt can do something so well, we have this huge debt? Care to explain why they have so many cost overruns? Take that into consideration when you consider this. Remember Fannie and Freddie? They were wonderful till they needed to be bailed out. Consider that the govt has been able to do accounting tricks that nobody has been legally allowed to do and it still cannot balance it's checkbook. Now tell me, do you really think it can do what you think?