auditor0007
Gold Member
Um, how about yes, all of the above. I for one would opt out of SS and future eligability for Medicare, they can even keep what I have already "payed in"(aka : had removed from my pay).Unless of course you realize that for tax cuts to work long term, you have to reduce spending...Meanwhile Obama and the Dems and Boehner ran up over $8 TRILLION in new debt
Nearly $7 trillion of our total debt was accumulated under Bush and Obama during years when tax revenues were under 17% of GDP. This was simply due to the Bush tax cuts which put a huge hole in tax collections during years when the economy was not doing as well as expected. Over the past 50 to 60 years, we have had federal outlays averaging around 20% of GDP with revenues averaging 18.5% of GDP. In years when revenues fell well below 18.5% of GDP, deficits soared. The bottom line is that Republican tax cuts have caused the vast majority of our debt, plain and simple. This idea that it has been overspending that has been the cause is an absolute fallacy.
So, you want to start by cutting military spending, or do you propose we cut SS and Medicare payments to recipients?
Letting everyone opt out of SS and Medicare is a great idea. Then when those people do not save anything, they will all end up being seniors on welfare because we won't force them to be homeless.