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#121
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Gradual is always less painful than sudden change, but we will only have the luxury of time so long.
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2006 CL500 1969 280SE 2023 Ram 1500 2026 Genesis GV70 2007 Tiara 3200 |
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#122
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Most of the media seem to have decided that their ratings and circulation are enhanced by referring to Paul Ryan as courageous and by complementing his plan for "putting everything on the table" despite the fact that his assumptions are a fantasy. So, for the time being, we will need some of the better left-wing media to fill in to explain the insanity of Ryan's plan. Here is a good example:
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#123
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1982 300SD " Wotan" ..On the road as of Jan 8, 2007 with Historic Tags
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#124
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Aside from my experience, I agree that company paid medical insurance needs to be considered income for employees. For too long, companies have paid and employees have consumed without really putting those two things together. There is a disconnect between payment and cost which has caused an abuse of the system. Next time you go to the doctor, ask the receptionist what the cost of the exam will be. Most likely they won't be able to tell you, because no matter who is paying, medicare or private insurance, there is some sort of magic billing manipulation going on behind the scenes, after you receive services. I have been surprised more than once when I received medical services and got a bill later for a few hundred dollars when insurance didn't cover it. Since it wasn't emergency services, I could have gone somewhere else had I known I was going to pay - I could have, gasp, shopped for the less expensive place. But when I know that insurance is going to pay, why should I care what the cost is, or what they reimburse? The answer to that one is self evident. We don't shop for medical services in this country to our detriment and that is the fault of gov't manipulation of the market, price fixing (medicare), restrictions on the ability of insurers to write policies across state lines, tax code rules that allow businesses to deduct health care costs of employees??? Why on earth can't I deduct my own expenses, aren't they my expenses, is it my body?????
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2010 CL550 - Heaven help me but it's beautiful 87 300D a labor of love 11 GLK 350 So far, so good 08 E350 4matic, Love it. 99 E320 too rusted, sold 87 260E Donated to Newgate School www.Newgateschool.org - check it out. 12 Ford Escape, sold, forgotten 87 300D, sold, what a mistake 06 Passat 2.0T, PITA, sold Las Vegas NV |
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#125
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- Peter.
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2021 Chevrolet Spark Formerly... 2000 GMC Sonoma 1981 240D 4spd stick. 347000 miles. Deceased Feb 14 2021 ![]() 2002 Kia Rio. Worst crap on four wheels 1981 240D 4spd stick. 389000 miles. 1984 123 200 1979 116 280S 1972 Cadillac Sedan DeVille 1971 108 280S |
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#126
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Obama will be out selling his plan this week. Lets see whether his makes more sense than Ryan's. I'm betting that it will. |
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#127
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- Peter.
__________________
2021 Chevrolet Spark Formerly... 2000 GMC Sonoma 1981 240D 4spd stick. 347000 miles. Deceased Feb 14 2021 ![]() 2002 Kia Rio. Worst crap on four wheels 1981 240D 4spd stick. 389000 miles. 1984 123 200 1979 116 280S 1972 Cadillac Sedan DeVille 1971 108 280S |
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#128
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http://www.newsweek.com/2011/04/10/war-on-the-weak.html Last week the Republican Party sounded two distinct voices. First we heard the angry demands of the Tea Party, speaking through its hardline conservative allies in the House, pushing the government to the brink of a shutdown. But then emerged the soothing tones of Paul Ryan, the House Budget Committee chairman, who fashions himself the intellectual leader of the party, unveiling a budget manifesto he calls the “Path to Prosperity.” Ryan portrays his goals in reassuringly pecuniary terms—he’s just the friendly neighborhood accountant here to help balance your checkbook. “I have a knack for numbers,” he chirps. ABC News compared him to a character in Dave, the corny 1993 movie about an average Joe who mistakenly assumes the presidency and calls in his CPA buddy—that would be Ryan—to scour the federal budget and bring it into balance. If he has any flaw, he just cares too much about rescuing the country from debt, gosh darn it!
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1986 300SDL, 362K 1984 300D, 138K |
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#129
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The top marginal tax bracket is 35%, this is the lowest in many decades. Part of the deficit problem is that we have become addicted to lower and lower taxes. |
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#130
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It's not a tax problem. It's a spend problem. And no, it didn't begin with Obama. The wise use of federal spending and deficits ended with Kennedy.
LBJ thought that he could have a little war that nobody would notice AND spend money like FDR. Nixon loved it and expanded it. Ford tried to pay for it by cranking-up the printing presses. Jimmy Carter thought Ford's plan was topnotch and got superchargers for the presses. Reagan thought he could spend like nobody's business and that Congress would do the right think, which it didn't. Bush I said yes. Clinton, against his wishes, was forced into the first balanced budget and budget surplus since Kennedy. Bush had Johnson envy. Obama had Bush envy. And here we are today. with Democrats trying to spend money like drunken Republicans at a convention. Cut spending. Remove all tax deductions. Then let's see where we are. |
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#131
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Some of us have been consistent on this over spending. My criticisms of Bush and the repubs for their over spending are well documented on these pages.
I guess that puts me well ahead of the democrat partisans who spoke so pompously about the dangers of raising the debt ceiling and over spending. One one vote that I agreed with Sen Obama, and now he disavows it. Debt is not a partisan issue. It will destroy all of us of either ( or no) political party. We are borrowing over 40% of what we spend. Does ANYONE believe this is sustainable. We need to STOP. and make hard choices, NOW.
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1982 300SD " Wotan" ..On the road as of Jan 8, 2007 with Historic Tags
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#132
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Yup, spending needs to be reduced across the board, and taxes need to be increased until the debt reaches a manageable level. It does not require anything dramatic, just a sustained effort over a couple of decades to bring revenue and spending into alignment. All the current screaming is pointless; the sky is not falling. The debt has been high before, and it will be high again. It's about time to start making some adjustment and turn the corner.
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#133
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#134
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#135
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It is a spending issue.
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1982 300SD " Wotan" ..On the road as of Jan 8, 2007 with Historic Tags
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