fordy said:
|
1) Actually it has a problem with collecting too, as it doesn't collect enough money.
2) Which is exactly why the system is unsustainable
3) I read it wrong... i'd point out the US unlike Australia, never actually posts a budget surplus. Amusingly your showing why fiscal conservatism pays off. You have surpluses.
4) Except it's not quoted out of context. Very specifically if he doesn't make a deal, the very first bills he is not paying is Social Security. Despite Social Security supposidly being a government bond. The Government doesn't consider not paying social security a default on it's obligations.
5) Which is why the Republicans want to fix via privatisation. The Democrats want no changes. So your choices in america are, A slow move to privatisation and a chance for everyone to save, vs a game of jenga waiting to collapse on retirees.
6) I'd recheck your basic math. Increasing only the high end values in no way effects the Median. Your thinking of a Mean. The whole point of the Median is that it isn't effected by extreme outliers nearly as much as a simple average.
Example
2, 6, 6, 8, 10
Mean:6.4 Median: 6.
Now lets say everyone stays the same except the super rich.
2, 6, 6, 8, 14.
Mean: 7.2 Median: 6.
So the Median, remains the same if only the rich make more money.
Aside from which the number of millionaries and billionares and the amount of money the rich make per year has been going down since 07. That's why our Tax receipts are way lower then they used to be, the money being more equally spread around means that it's taxed at a lower overall rate. Which is ironically a perverse incentive of progressive taxation... the government can get more money without raising taxes by creating more millionaries and focusing the money on the super rich.








