Home
Articles
Photos
Interviews
Forums
New posts
Search forums
Georgia Tech Recruiting
Dashboard
What's new
New posts
New profile posts
Latest activity
Chat
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
General Topics
The Swarm Lounge
American Cultural Revolution
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Deleted member 2897" data-source="post: 571166"><p>My point was that Medicare is the single worst program in the entire federal government. I stated that above and I gave the exact numbers of how imbalanced it is, and how much of a tremendous financial drag it is on the financial health of the country. Even if you listen to people like Paul Krugman, a very progressive political economist, he will tell you the same thing. The vast majority of our long-term debt is driven by Medicare. Medicare consumers are only charged 1/3 of what the program actually costs. The total debt/unfunded liabilities of Medicare are over $30 Trillion. The fund itself (which is a bit of funny accounting) is supposed to be completely depleted in 6 years. That's when the poor bastard President is going to really start seeing some huge deficits. Like $3T/year. I'm still predicting Trump has aa $2T+ one.</p><p></p><p> So that’s my point – why would anybody be in favor of a program that single-handedly is bankrupting the country? It’s unpatriotic - “I’m gettin mine while the gettin’s good”.</p><p></p><p>The only way that program breaks even is if we approach the 60% tax rates of European countries, even on working class folks.</p><p></p><p>NO THANK YOU.</p></blockquote><p></p>
[QUOTE="Deleted member 2897, post: 571166"] My point was that Medicare is the single worst program in the entire federal government. I stated that above and I gave the exact numbers of how imbalanced it is, and how much of a tremendous financial drag it is on the financial health of the country. Even if you listen to people like Paul Krugman, a very progressive political economist, he will tell you the same thing. The vast majority of our long-term debt is driven by Medicare. Medicare consumers are only charged 1/3 of what the program actually costs. The total debt/unfunded liabilities of Medicare are over $30 Trillion. The fund itself (which is a bit of funny accounting) is supposed to be completely depleted in 6 years. That's when the poor bastard President is going to really start seeing some huge deficits. Like $3T/year. I'm still predicting Trump has aa $2T+ one. So that’s my point – why would anybody be in favor of a program that single-handedly is bankrupting the country? It’s unpatriotic - “I’m gettin mine while the gettin’s good”. The only way that program breaks even is if we approach the 60% tax rates of European countries, even on working class folks. NO THANK YOU. [/QUOTE]
Insert quotes…
Verification
The 2014 ACC Football Championship was played in what city?
Post reply
Home
Forums
General Topics
The Swarm Lounge
American Cultural Revolution
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top