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On Feb 4, 5:25*pm, wrote:
SNIP McCain's generalizations Furthermore, the stimulus must include significant direct relief to American workers in the form of payroll tax cuts and programs to help homeowners keep their homes. Finally, we need an end game to this stimulus so that when our economy recovers, these spending programs do not remain permanent and saddle our children with a skyrocketing national debt. So the Repigs demand "payroll tax cuts." That's a pretty clever scam. It means that workers will pay less into Social Security; not only the workers, but also the employers who are normally required to pay into the fund along with each employee. The Repig plan is a reduction in the total amount both the workers and the employers pay into Social Security. But the employers get no benefits from the funds, only the workers. In other words, the Repigs want the stimulus will be financed out of the Social Security funds being put aside for the workers. Considering the already shaky condition of the Social Security fund, the Repig plan is outrageous. Predictions are that the Social Security fund will be depleted in just a few years at the present rate of contributions. Yet people like McCain want to reduce the contributions even further. The Repigs claim they don't want to saddle our children with debt. But apparently, they don't mind spending the money needed in the future for the retirement of the workers and their children. |
#2
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snakehawk wrote in crayon...
On Feb 4, 5:25*pm, wrote: SNIP McCain's generalizations Furthermore, the stimulus must include significant direct relief to American workers in the form of payroll tax cuts and programs to help homeowners keep their homes. Finally, we need an end game to this stimulus so that when our economy recovers, these spending programs do not remain permanent and saddle our children with a skyrocketing national debt. So the Repigs demand "payroll tax cuts." That's a pretty clever scam. It means that workers will pay less into Social Security; not only the workers, but also the employers who are normally required to pay into the fund along with each employee. The Repig plan is a reduction in the total amount both the workers and the employers pay into Social Security. When you understand how a business works maybe you will understand the need for a struggling business to cut costs in order to stay afloat. But the employers get no benefits from the funds, only the workers. In other words, the Repigs want the stimulus will be financed out of the Social Security funds being put aside for the workers. How do you figure? It probably stems from your lack of knowledge of business. Considering the already shaky condition of the Social Security fund, the Repig plan is outrageous. Predictions are that the Social Security fund will be depleted in just a few years at the present rate of contributions. Yet people like McCain want to reduce the contributions even further. The Repigs claim they don't want to saddle our children with debt. But apparently, they don't mind spending the money needed in the future for the retirement of the workers and their children. President GW Bush was bombarded with criticism by Liberals when he said Social Security needed to be reformed since his first campaign in 1999. President Bush reiterated his need to reform Social Security in 2006. Pelosi and Reid put out the word: There would be no Democratic Social Security plan, and no negotiating with Bush as long as he insisted on privatization. President Bush's plan was not supported by Democrats, but they did not come up with an alternative. The Democrats want to maintain the status quo in regards to Social Security because Congress uses it for their legislative petty cash box. There are so many Congressional I.O.U.s in the SS trust fund. Paying back those I.O.U.s will be impossible. The Democratic Pork bill of 2009 will saddle future generations for the bailout of government. - I thank God I am not a liberal because I hate Kool Aid. |
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