BatMaxExposedWorld said: It's impossible for Social Security to go broke as long as there are more employed americans than retirees. The social security trust fund isn't the utility used to fund SS, it's just additional funds. If you don't know how the program works you should probably just refrain from commenting at all.
Boehner admitted on NBC that there "is no immediate debt crisis." He actually said this. Then he goes and prolongs this pathetic, joke of a republican tactic to generate fear in uneducated americans. The debt crisis isn't an immediate problem, it's a problem but not something that needs to be focused on during the midst of a horrific global economic crisis that will probably last another 6yrs.
Austerity isn't working for the Eurozone. It's OBVIOUSLY not working when you come to the realization that Europe is going into a double dip recession. Germany was better off than other European countries, it didn't experience the same fallout. Using Germany to justify austerity (which is obviously failing) is just stupid. You look like a fool who doesn't know what he/she is talking about.
Balanced budgets don't meant anything. America has run on deficits for a very long time, the economy actually functions on a small deficit. That is the goal, a small deficit. Nobody is signing any clinton-era "balanced budgets." One balanced budget doesn't do anything if the year after we go back to deficits. That is our reality.
Yeah, so these political threads are pretty sad. It's like fox news threw up in here lol. Good Luck!
I just ignore KASZ because his facts are useless and he uses his power to shield himself. This site is full of people that don't understand Economics at all. I laugh at most of their replies. People of this site are just horribly informed. He always answers back to me and always disagree's and than uses Rush Limbaugh facts to prove his points. Better yet he uses Koch brother research. He has used it alot and I called him on it. However I get banned for even talking to the guy.
User was banned for this post and several others - Kantor
Whatever your politics Kasz is one of the most informed and thoughtful posters on the subject.
