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Thread: Obama's Threatened SS Shutdown

  1. #1
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    Obama's Threatened SS Shutdown

    How much of a lie can this be?

    #1. Our gubment has plenty of money (income) to service the debt. And meet most expenses.

    #2. Since SS has this huge trust fund (alleged) why not redeem some of those special Treasury Certificates, and use that to meet current obligations? Then repay when the budget deal is worked out.

    #3. The real problem is that we are spending at a rate of 24% GDP, while we are taxing at 14% of GDP. Obama is spending an extra $100 billion a month - beyond our income. This is the real problem.

    #4. The only reason there are no soup lines is because of food stamps.

    I think it's malfeasance for the POTUS to lie about this situation.


  2. #2
    Senior Member eesquared's Avatar
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    I think most reasonable people would agree that Obozo/Congress spends too much and lies about it. It's simply a threat to coerce Congress into raising the debt ceiling (again) to "avoid default".

    They are completely deluded. There is absolutely no way that the U.S. can avoid default. They are only postponing the inevitable. But for how long? We know that it cannot continue ad infinitum. They are doing more harm by allowing it to continue. Why make it worse? Let the default happen.

  3. #3
    Senior Member BrentP's Avatar
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    When government wants more of our money, more of our labor, more of our property it will always threaten to cut a service or program a large number of voters actually want. These are typically: transportation, social security, police, fire departments, and sometimes education. They never threaten to cancel all the BS programs they spend money on that nobody would miss. Ever.

  4. #4
    Vulture of The Western World Eric's Avatar
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    Nor "defense."

    The fightin' fer freedom never ends.

    Quote Originally Posted by BrentP View Post
    When government wants more of our money, more of our labor, more of our property it will always threaten to cut a service or program a large number of voters actually want. These are typically: transportation, social security, police, fire departments, and sometimes education. They never threaten to cancel all the BS programs they spend money on that nobody would miss. Ever.

  5. #5
    Junior Member alimoore's Avatar
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    From Obamacare and the rest of the programs I never heard about it's good effect. All I know is that they are big burden for many of us. If you were considering doing a project or just needed to purchase brand new furniture, you can get it now and pay the loan back when your return arrives.

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