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TedG

Advanced Member

Everything posted by TedG

  1. This is 100% BS. Most of the issues are in EWR. If you kept up with the news. EWR has been a problem child for some time now.
  2. You know these programs need to be cut. In 2024. Medicare cost 865 billion or 3% of the GDP. Social Security cost 1.5 trillion or 5% of the GDP. Medicaid cost 618 billion for 2.1% of the GDP. Then toss in other mandatory social spending programs that bring the total cost of all these programs at 4.1 trillion. ending Discretionary spending is 1.8 trillion. This non military and military spending. Then there is 881 billion to service the national debt. The total spending is 6.8 trillion for 23.4% of the GDP. The last time the US had a balanced budget spending was about 18% of the GDP. In 2022 the USA saw near record revenue at a tad under 19% of the GDP, and the US still saw a 1.4 trillion dollar deficit. As you can see the dems built a government that we can't afford. https://www.cbo.gov/system/files/2025-03/61181-Federal-Budget.pdf
  3. The system has been a mess for years.
  4. No one cares about the debt.
  5. It’s not easy to figure out what happening in the video.
  6. It’s not a tax cut for billionaires. Everyone who has earned income had a tax cut.
  7. If you pay US taxes you got a tax cut. You are all over the place with your reply.
  8. How is a tax cut welfare? Remember, lots of the debt was due to COVID.
  9. Everyone disappeared a long time ago. They cried about the 2% sequester in the 2011 budget act.
  10. I'm glad the Democrats are collaborating with Republicans to address the entitlement problem.
  11. You are wrong. The government does not invest it spends. When the dept of SS cashes in the bonds, where does the money come from? Think about it. it’s either via taxes or more debt.
  12. Yes, we are now in a great depression.
  13. People like you love taxes. This was not voted on becase congress loves to pass passing their power to the executive branch.
  14. You don’t understand. The SS Trust fund consists of Treasury bonds. Ie IOU’s to the dept of SS. The money was spent. the US government did not save any of the excess payroll taxes the Treasury Department collected when Social Security was running a surplus. Instead, the US government turned around and spent those payroll taxes on other things. https://www.cato.org/blog/social-security-spending-adds-national-debt
  15. SS has run a deficit since 2010. The taxes collected for SS do not cover the deficit. The shortfalls is made by money from the general fund. https://www.pgpf.org/article/social-securitys-funding-gap-is-12-of-gdp-heres-how-we-can-close-it/
  16. Do you ever think the USA will get to the point were native workers were getting displaced by H1B Visa worker? https://www.epi.org/blog/tech-and-outsourcing-companies-continue-to-exploit-the-h-1b-visa-program-at-a-time-of-mass-layoffs-the-top-30-h-1b-employers-hired-34000-new-h-1b-workers-in-2022-and-laid-off-at-least-85000-workers/
  17. You do know the US has a 1.8 trillon dollar deficit? You are not paying your fair share.

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