- Mar 11, 2015
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Well, the second reform I always advocate, after repealing tax expenditures, is to raise the Social Security and Medicare eligibility ages to 70, and index that age to 9 percent of the population going forward.I have heard that time and time again.............But the amount of coming Liabilities is MASSIVE........Actually, the solution to deficits is extremely simple. But neither party has the guts to do it. In fact, they work very hard to keep you from seeing the answer because it would destroy their death grip on power.If you don't address mandatory spending the deficits will continue to grow..................That sure as hell doesn't mean adding what the Dem Candidates are spewing now.......it is the unfunded liabilities that CANNOT BE PAID.........................IT IS IMPOSSIBLE....Both parties have imploded. The Left is becoming more socialist, while the Republican party has become the party of trillion dollar deficits, cronyism, porn star mistresses, serial adultery, and corruption.You try to claim being moderate all the time................then LABEL EVERYONE in TRIBES.....trying to downplay what the Dems have become.........
You know it.........we know it.......and the people in this country know it............The Desperation in the current Dem debates shows it..............You are now having trouble rigging the election again with the Bern.........Bloomberg has already spent 500 million with no reasonable results....
It's Funny to watch the implosion.
We are on a roller coaster ride to hell.....it is only a matter of when...............They will not address it ......and it will cause a Global Reset one day...........when...........whenever the Globalist decide it.
The solution is to eliminate the annual $1.4 trillion in tax expenditures.
That would level the playing field, eliminate the deficit, create a surplus, enable tax cuts for EVERYONE, and reform campaign spending. All in one go.
Ending credits and getting out of the Wars would do a lot............Hell just on tax credits alone would be over 200 billion a year...........but that will not stop the coming liabilities..........
Not to mention the interest on the debt which is growing every single year........it will soon overtake the amount we spend on our military.............
We are living longer than our ancestors, we should be working longer. Common sense.
5.4 percent of the US population was over 65 when SS was enacted.
9 percent was over 65 percent when Medicare was enacted.
Today, 15 percent are over 65.
That is an unsustainable trend.
Social security is money taken out of our checks. If 15 percent today are over 65, then that 15 percent probably have worked the 40 quarters required to get the money taken out of their checks for social security back.