Obama's "forced diversity" plan to turn suburbs into ghettos

[Ray From Cleveland]

Don't you even read the crap you post, or do you just look at headlines and throw it up here? Maybe you need some help:

"Under the law, if Congress doesn't agree on a plan of action to close the funding gap, benefits would need to be reduced so that taxes collected would equal benefits paid. Even in this worst-case scenario, however, retirees would still receive, on average, about 77 percent of the benefits they're expecting to get. While that certainly wouldn't be good news, benefits wouldn't go anywhere near zero.

Meanwhile, Social Security's long-term funding deficit can be reduced or eliminated with some combination of tax increases or benefit cuts phased in over time. For example, the long-term deficit could be eliminated without raising taxes if benefits were immediately reduced by 16.5 percent in aggregate. Congress could reduce benefits by increasing the retirement age, reducing the amount of monthly benefits, slowing increases in the cost of living adjustment, or some combination of these methods.

The long-term deficit also could be eliminated without reducing benefits if taxes were immediately increased by 2.66 percent of total covered payroll. You currently pay 6.2 percent of your earnings, up to $117,000, to fund retirement, survivors and disability benefits; your employer pays an equal amount. Congress could raise taxes by increasing the tax rate, increasing the limit on the amount of compensation that's subject to taxes, or some combination of the two."

So what they are saying is that one of three things are going to have to happen here: One is for Congress to put us deeper into debt by putting more tax money into the fund. Two is to reduce benefits greatly. Three is a tax increase.

This is what it's going to take to keep SS going. It cannot continue without making some sacrifices.

BS. Pubs want to raise the retirement age, Dems to raise the top limit (106k) duh- peg it to inflation, problem over.. Still good to 2033 ANYWAY. ZZZZZZZZZZZZZZZZ

Yes, that's a little over 15 years away for those of you that can't subtract.

Republicans have been warning us of SS for decades now, and every time they have, you libs said the same thing you are saying in this thread: nothing is wrong. Don't worry about it.

And then when it finally crashes, you and your ilk will be here blaming Reagan.

Only another 18 years...Peg tax cap to inflation duh. ZZZZZZZZZZZZZZZZZZ

Lift the cap, and then you have to lift the payout. It's only fair.

The system is going broke. Deal with it.

if you lift the payout those paying extra will still not benefit from it.

Neither will those who depend on SS being there for them.

 

[francoHFW]

BS. lol. Inflation happens. Deal.

theft and inflation are two totally different things.

NOT theft, obviously. Theft is fraudulent banks, lending institutions getting away with murder and the people paying the bill. Corrupt Pubs again, dupes...TARP and cronies...

No, theft is the corrupt liberals raising taxes to redistribute wealth to the lazy. theft is forcing someone to pay twice as much for something he already has in order to give it free to someone that refuses to work for it.

WTH was that? Everyone wants a GOOD job. After 30 years of Reaganism, there aren't many. Thanks for the corrupt depression, too. Notice that?

Regan was a powerful man. what he did in 8 years, the Master of mouth Bill Clinton couldnt undue in 8 and the Kenyan was also unable to do in his 8. 8 years of Reagan stronger than 16 years of saviors, and then if you consider how far left Bush Jr was, thats actually 24 years that change could have but was not seen.

BS. lol. Inflation happens. Deal.

theft and inflation are two totally different things.

NOT theft, obviously. Theft is fraudulent banks, lending institutions getting away with murder and the people paying the bill. Corrupt Pubs again, dupes...TARP and cronies...

No, theft is the corrupt liberals raising taxes to redistribute wealth to the lazy. theft is forcing someone to pay twice as much for something he already has in order to give it free to someone that refuses to work for it.

WTH was that? Everyone wants a GOOD job. After 30 years of Reaganism, there aren't many. Thanks for the corrupt depression, too. Notice that?

Regan was a powerful man. what he did in 8 years, the Master of mouth Bill Clinton couldnt undue in 8 and the Kenyan was also unable to do in his 8. 8 years of Reagan stronger than 16 years of saviors, and then if you consider how far left Bush Jr was, thats actually 24 years that change could have but was not seen.

Yup, great. Ruined the country and the middle class, tripled the debt, S+L Bubble. Great.
The Demise of the American Middle Class In Numbers.

Over the past 30 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%

A 45% increase after 1980.

5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.

Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:

1980 = 10%
2003 = 56%

A 5.6 times increase.

6. AND THE AMERICAN DREAM IS GONE.

The Probably of Moving Up from the Bottom 40% to the Top 40%:

1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%

A 10% Decrease.

Links:

1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg (image)
2 – Congratulations to Emmanuel Saez
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = U.S. Bureau of Economic Analysis (BEA)
4 = http://www.prudentbear.com/index.php/household-sector-debt-of-gdp
4 = http://www.federalreserve.gov/releases/z1/current/
5/6 = http://www.businessinsider.com/15-c...lity-in-america-2010-4?slop=1#slideshow-start

Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts

 

[Kondor3]

You guys don't understand how section 8 works do you ?

Section 8 is an infection.

 

[francoHFW]

BS. Pubs want to raise the retirement age, Dems to raise the top limit (106k) duh- peg it to inflation, problem over.. Still good to 2033 ANYWAY. ZZZZZZZZZZZZZZZZ

Yes, that's a little over 15 years away for those of you that can't subtract.

Republicans have been warning us of SS for decades now, and every time they have, you libs said the same thing you are saying in this thread: nothing is wrong. Don't worry about it.

And then when it finally crashes, you and your ilk will be here blaming Reagan.

Only another 18 years...Peg tax cap to inflation duh. ZZZZZZZZZZZZZZZZZZ

Lift the cap, and then you have to lift the payout. It's only fair.

The system is going broke. Deal with it.

if you lift the payout those paying extra will still not benefit from it.

Neither will those who depend on SS being there for them.

Very scary, dupe. lol

 

[francoHFW]

They're pushing for higher retirement ages because they are REPUBLICANS, screwing the workers.
Could Social Security go bankrupt? Not Likely

Don't you even read the crap you post, or do you just look at headlines and throw it up here? Maybe you need some help:

"Under the law, if Congress doesn't agree on a plan of action to close the funding gap, benefits would need to be reduced so that taxes collected would equal benefits paid. Even in this worst-case scenario, however, retirees would still receive, on average, about 77 percent of the benefits they're expecting to get. While that certainly wouldn't be good news, benefits wouldn't go anywhere near zero.

Meanwhile, Social Security's long-term funding deficit can be reduced or eliminated with some combination of tax increases or benefit cuts phased in over time. For example, the long-term deficit could be eliminated without raising taxes if benefits were immediately reduced by 16.5 percent in aggregate. Congress could reduce benefits by increasing the retirement age, reducing the amount of monthly benefits, slowing increases in the cost of living adjustment, or some combination of these methods.

The long-term deficit also could be eliminated without reducing benefits if taxes were immediately increased by 2.66 percent of total covered payroll. You currently pay 6.2 percent of your earnings, up to $117,000, to fund retirement, survivors and disability benefits; your employer pays an equal amount. Congress could raise taxes by increasing the tax rate, increasing the limit on the amount of compensation that's subject to taxes, or some combination of the two."

So what they are saying is that one of three things are going to have to happen here: One is for Congress to put us deeper into debt by putting more tax money into the fund. Two is to reduce benefits greatly. Three is a tax increase.

This is what it's going to take to keep SS going. It cannot continue without making some sacrifices.

BS. Pubs want to raise the retirement age, Dems to raise the top limit (106k) duh- peg it to inflation, problem over.. Still good to 2033 ANYWAY. ZZZZZZZZZZZZZZZZ

Yes, that's a little over 15 years away for those of you that can't subtract.

Republicans have been warning us of SS for decades now, and every time they have, you libs said the same thing you are saying in this thread: nothing is wrong. Don't worry about it.

And then when it finally crashes, you and your ilk will be here blaming Reagan.

Pubs have been FOS for decades you mean. You feel like working till you're 75?

Don't give the Democrats and more bright ideas, okay?

That's what Pubs want, dingbat. NOT Dems duh. Pub dupes, so ignorant.

 

[Maryland Patriot]

theft and inflation are two totally different things.

NOT theft, obviously. Theft is fraudulent banks, lending institutions getting away with murder and the people paying the bill. Corrupt Pubs again, dupes...TARP and cronies...

No, theft is the corrupt liberals raising taxes to redistribute wealth to the lazy. theft is forcing someone to pay twice as much for something he already has in order to give it free to someone that refuses to work for it.

WTH was that? Everyone wants a GOOD job. After 30 years of Reaganism, there aren't many. Thanks for the corrupt depression, too. Notice that?

Regan was a powerful man. what he did in 8 years, the Master of mouth Bill Clinton couldnt undue in 8 and the Kenyan was also unable to do in his 8. 8 years of Reagan stronger than 16 years of saviors, and then if you consider how far left Bush Jr was, thats actually 24 years that change could have but was not seen.

theft and inflation are two totally different things.

NOT theft, obviously. Theft is fraudulent banks, lending institutions getting away with murder and the people paying the bill. Corrupt Pubs again, dupes...TARP and cronies...

No, theft is the corrupt liberals raising taxes to redistribute wealth to the lazy. theft is forcing someone to pay twice as much for something he already has in order to give it free to someone that refuses to work for it.

WTH was that? Everyone wants a GOOD job. After 30 years of Reaganism, there aren't many. Thanks for the corrupt depression, too. Notice that?

Regan was a powerful man. what he did in 8 years, the Master of mouth Bill Clinton couldnt undue in 8 and the Kenyan was also unable to do in his 8. 8 years of Reagan stronger than 16 years of saviors, and then if you consider how far left Bush Jr was, thats actually 24 years that change could have but was not seen.

Yup, great. Ruined the country and the middle class, tripled the debt, S+L Bubble. Great.
The Demise of the American Middle Class In Numbers.

Over the past 30 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%

A 45% increase after 1980.

5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.

Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:

1980 = 10%
2003 = 56%

A 5.6 times increase.

6. AND THE AMERICAN DREAM IS GONE.

The Probably of Moving Up from the Bottom 40% to the Top 40%:

1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%

A 10% Decrease.

Links:

1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg (image)
2 – Congratulations to Emmanuel Saez
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = U.S. Bureau of Economic Analysis (BEA)
4 = Federated Prudent Bear Fund (A): Overview
4 = FRB: Z.1 Release--Financial Accounts of the United States--December 10, 2015
5/6 = 15 Mind-Blowing Facts About Wealth And Inequality In America

Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts

I have to take a moment to apologize for being mean to you in the past.
Until now I had no clue you had just woke up from a 20 year coma.
You should spend some time looking at what obama and the liberals have done to the country and how much damage it is going to do in the years coming.

 

[Maryland Patriot]

Yes, that's a little over 15 years away for those of you that can't subtract.

Republicans have been warning us of SS for decades now, and every time they have, you libs said the same thing you are saying in this thread: nothing is wrong. Don't worry about it.

And then when it finally crashes, you and your ilk will be here blaming Reagan.

Only another 18 years...Peg tax cap to inflation duh. ZZZZZZZZZZZZZZZZZZ

Lift the cap, and then you have to lift the payout. It's only fair.

The system is going broke. Deal with it.

if you lift the payout those paying extra will still not benefit from it.

Neither will those who depend on SS being there for them.

Very scary, dupe. lol

It is scary, but I have a really strong feeling that he is right. Pyramid schemes always fail in the end.

 

[francoHFW]

Only another 18 years...Peg tax cap to inflation duh. ZZZZZZZZZZZZZZZZZZ

Lift the cap, and then you have to lift the payout. It's only fair.

The system is going broke. Deal with it.

if you lift the payout those paying extra will still not benefit from it.

Neither will those who depend on SS being there for them.

Very scary, dupe. lol

It is scary, but I have a really strong feeling that he is right. Pyramid schemes always fail in the end.

Pubs could succeed in ruining it...

How did Obama hurt the country, again? Not being able to overcome mindless Pub obstruction? Idiocy. 70 straight months of growth? Very scary, dupe.

 

[francoHFW]

You guys don't understand how section 8 works do you ?

Section 8 is an infection.

Poverty is an infection. Thanks GOP. After 30 years of Voodoo: worst min. wage, work conditions, illegal work safeguards, vacations, work week, college costs, rich/poor gap, upward social mobility, % homeless and in prison EVAH, and in the modern world!! And you complain about the victims? Are you an idiot or an A-hole?

 

[Maryland Patriot]

Lift the cap, and then you have to lift the payout. It's only fair.

The system is going broke. Deal with it.

if you lift the payout those paying extra will still not benefit from it.

Neither will those who depend on SS being there for them.

Very scary, dupe. lol

It is scary, but I have a really strong feeling that he is right. Pyramid schemes always fail in the end.

Pubs could succeed in ruining it...

How did Obama hurt the country, again? Not being able to overcome mindless Pub obstruction? Idiocy. 70 straight months of growth? Very scary, dupe.

Its easy to grow when you buy stuff and put off payments till the next generation starts working.
of course when that happens, it will be the fault of whoever is in office and the libs will point back to obama and say how good things were under him.. never mentioning that paying for those things are whats now wrong.
Sorta like the real estate boom under Clinton. Give loans that are going to fail in 10 years and everyone buys a house, economy is booming. 10 years later all those balloon payments come due and BOOM, economy crashes. But,, look how good it was under Clinton with growth built on faulty credit.

 

[francoHFW]

if you lift the payout those paying extra will still not benefit from it.

Neither will those who depend on SS being there for them.

Very scary, dupe. lol

It is scary, but I have a really strong feeling that he is right. Pyramid schemes always fail in the end.

Pubs could succeed in ruining it...

How did Obama hurt the country, again? Not being able to overcome mindless Pub obstruction? Idiocy. 70 straight months of growth? Very scary, dupe.

Its easy to grow when you buy stuff and put off payments till the next generation starts working.
of course when that happens, it will be the fault of whoever is in office and the libs will point back to obama and say how good things were under him.. never mentioning that paying for those things are whats now wrong.
Sorta like the real estate boom under Clinton. Give loans that are going to fail in 10 years and everyone buys a house, economy is booming. 10 years later all those balloon payments come due and BOOM, economy crashes. But,, look how good it was under Clinton with growth built on faulty credit.

Absolutely nuts. It was 2003 when the real estate went nuts selling toxic assets.. Absolute BS. Also when Fanny went from 75% to 25% of the market. Ay caramba, dupe. Read something.

 

[Kondor3]

...

Section 8 is an infection.

 

[francoHFW]

You guys don't understand how section 8 works do you ?

Section 8 is an infection.

Poverty is an infection. Thanks GOP. After 30 years of Voodoo: worst min. wage, work conditions, illegal work safeguards, vacations, work week, college costs, rich/poor gap, upward social mobility, % homeless and in prison EVAH, and in the modern world!! And you complain about the victims? Are you an idiot or an A-hole?

Not to censor, fascist. lol

 

[ShootSpeeders]

Regan was a powerful man. what he did in 8 years, the Master of mouth Bill Clinton couldnt undue in 8 and the Kenyan was also unable to do in his 8. 8 years of Reagan stronger than 16 years of saviors, and then if you consider how far left Bush Jr was, thats actually 24 years that change could have but was not seen.

Reagan gave amnesty to 4 million illegal invaders. He was a terrrible president though better than the 4 that followed hiim.

 

[francoHFW]

His policies and tax rates continue to kill the nonrich and the country (thanks for the corrupt world depression and the longest, stupidest wars ever, chickenhawk class warfare thieves), and he's the father of the most disgraceful BS hate/propaganda machine in our history, dupes. A disaster.
The Demise of the American Middle Class In Numbers. | Fact Left