Jump to content

TedG

Advanced Member
  • Posts

    2,510
  • Joined

  • Last visited

Everything posted by TedG

  1. You did'nt read it. 1) It does not show interest paid. 2) It stops at 2009 before SS sent negative.
  2. Dummy...the Feds are borrowing from themsleves. How hard is this for you to undersand? Your dumb logic is why the feds are 36 trillion dollars in debt.
  3. Why is the OPs commnet racist?
  4. BTW..your link is cute. The data on the table ends at 2009. You problay figured no one will bother look at the link.
  5. 1) The taxpayer pays payroll taxes matched by the employer. 2) The excess is spent in the general fund, and the Department of SS is given Special T bills. 3). When the Special T bills are redeemed, the taxpayer has to pay again, or the federal government borrows money to pay back the Department of SS, which adds to the debt and deficit, another expense to the taxpayer. 4). The taxpayer pays the interest earned on the special Tbills. Or the money is borrowed by the feds, which adds to the debt and deficit, another expense to the taxpayer. 5) Then, the taxpayer can end up paying taxes on 85% of the SS payments received.
  6. You could'nt boil water without help.
  7. Another nothing reply. That's all you are good for.
  8. I missed the part were you tried to answer the question.
  9. Interest payments originate from the general fund and are an expense to taxpayers. You don't undersand how this suff works. It's one side of the government paying the other side of the government. You will never admit that you are wrong.
  10. if you lack hobbies at home nothing will change in Thialand.
  11. I underwent Aquablation which is simular to Rezum last January, and five months later things are much better.
  12. Social Security Faces a Large and Growing Shortfall The Social Security Trustees project the program will run ongoing deficits. This year, the Trustees estimate the program will run a cash-flow deficit of $73 billion. However, if the current crisis leads payroll tax revenue to fall 10 percent in 2020 (as an example), that deficit would expand to $177 billion. From 2021 through 2030, the Trustees project $2 trillion of cumulative deficits. https://www.crfb.org/papers/analysis-2020-social-security-trustees-report
  13. They were US Citizens. What crime were they charged with?
  14. @gamb00ler https://www.mercatus.org/sites/default/files/d7/SS-Trust-Fund-1000.png
  15. Sound like you are in favor of extrajudicial killing.
  16. @gamb00ler I'm looking forward to your rebuttal of my last two posts.
  17. You are 100% wrong. The SS cash flow defcit started in 2010. Since 2010, Social Security has been running cash deficits -- meaning that the total tax revenue it brings in from the payroll tax and income taxation of benefits has fallen short of benefit payments. So far, those deficits have totaled nearly $450 billion and this year alone will exceed $70 billion,. In their latest report"the Trustees project annual deficits for every year of the projection period." https://www.crfb.org/blogs/real-story-social-security-deficits But that's no reason to ignore the serious fiscal issues with America's main retirement program. Since 2010, it has been running a cash-flow deficit—meaning that the Social Security payroll taxes the government collects aren't enough to cover the benefits it's obliged to pay out. That should have been a signal that the time had come to look at reform. https://reason.com/2018/01/15/start-saving-now-because-socia/ Annual Social Security Shortfalls (2010–2023) Year Net Cash-Flow Deficit (Approximate) 2010 $49 billion 2011 $46 billion 2012 $55 billion 2013 $71 billion 2014 $73 billion 2015 $74 billion 2016 $75 billion 2017 $83 billion 2018 $85 billion 2019 $89 billion 2020 $88 billion 2021 $96 billion 2022 $98 billion 2023 $41.4 billion Here is the link for the graph labled Chart A https://www.ssa.gov/oact/trsum/
  18. The POUTS should not have the power to entact tarrifts. Peroid, end of story.
  19. I don't mind this court result. Congress never should have passed a law giving the POUTS the power to enact tariffs. Will this apply to Biden's tariffs?
  20. Being arrested in the UK is a far better outcome than being detained in Thailand for this offense.
  21. This is what progressives do then they are in charge.
  22. CA has 187,000 homless people. What a mess. If I take a political angle on this issue, the numbers exploded under Joe Biden.
×
×
  • Create New...