The national debt explained in househ...

Since: Jan 08

Willingboro, NJ

#41 Feb 28, 2013
bill wrote:
What happened to the surplus e.c? Going broke in 20 years is a serious problem. Will you be trying to collect s.s. in 20+ years?
You know exactly what's going to happen over the next 20 years? Me neither.

Since: Jan 08

Willingboro, NJ

#42 Feb 28, 2013
Jerseyboy for life wrote:
The Constitution of the United States says that we the people can change our leaders,and I say Obama,Harry R,Nancy Polosi,John Kerry,need to go!!!.They are not looking out for the best interest of our Nation,and if these individuals remain at the helm,our Nation will parish.John Kerry is a "Traitor"who aided the North Vietnamese to continue fighting with his anti-American B/S during the Vietnam War.His testimony during the war, calling our troops butchers,and baby killers etc,gave the enemy the will to keep killing our troops,much like Jane Fonda.Want real recovery,clean out the Commies, who are running the show in Washington.......Then watch our ecomy rebound....Not going to happen with this bunch of Marxist.....
1. Nanci pelosi isn't in charge
2. That why we have elections. We just had one. The people have spoken.
3. John Kerry is a war hero that has devoted his life in service of his country

Please explain how the leadership of this country isn't looking out for our best interests.
The Man

Pennsauken, NJ

#43 Feb 28, 2013
enemy combatant wrote:
<quoted text>
You know exactly what's going to happen over the next 20 years? Me neither.
No I don't know what will happen in 20 years. However,s.s. has a good idea just how many people will be drawing a check vs how many will be paying into the system. Cuts in payments,increased s.s. tax etc. It is going to fail and the sooner action is taken the less painful cuts and/or tax increases will be. But politicians keep on kicking the can down the road.

Since: Jan 08

Willingboro, NJ

#44 Feb 28, 2013
The Man wrote:
<quoted text>
No I don't know what will happen in 20 years. However,s.s. has a good idea just how many people will be drawing a check vs how many will be paying into the system. Cuts in payments,increased s.s. tax etc. It is going to fail and the sooner action is taken the less painful cuts and/or tax increases will be. But politicians keep on kicking the can down the road.
This myth has been repeated over and over.

So if the retirement age is raised to 67 how would that change the 2033 prediction? Do you know that it won't be raised? What if the raise it to 70 by 2033? What will the economy, workforce or newest industry be in 2023 or 2033? Predictions 20 years out when there are millions of combinations of things that will effect it are worthless.

In 1980 how many predictions were out about the Internet in 2000?

How many people in 1985 said in 20 years everyone will have a phone that like a computer in their pockets?
The Man

Pennsauken, NJ

#45 Feb 28, 2013
"In 1980 how many predictions were out about the Internet in 2000?

How many people in 1985 said in 20 years everyone will have a phone that like a computer in their pockets?"
Just what do the internet and smartphones have to do with s.s? Way off topic.
It is not that hard to figure out how about many people living today will be collecting a check in 20 years.
And with normal population growth, how many will be paying into the system.

Since: Jan 08

Willingboro, NJ

#46 Mar 1, 2013
The Man wrote:
"In 1980 how many predictions were out about the Internet in 2000?
How many people in 1985 said in 20 years everyone will have a phone that like a computer in their pockets?"
Just what do the internet and smartphones have to do with s.s? Way off topic.
It is not that hard to figure out how about many people living today will be collecting a check in 20 years.
And with normal population growth, how many will be paying into the system.
Just keep repeating it maybe it will become true I guess. I know examples are lost on you. It's no smartphones and computers its predictions 20 years out. Too many variables. Like I said if they raise the retirement age in the next 20 years the 2033 prediction is null and void. That's just one of many variables. Now go ahead and reply with the same arguement that a prediction 20 years out is ironclad.
bill

Conshohocken, PA

#47 Mar 1, 2013
enemy combatant wrote:
<quoted text>
This myth has been repeated over and over.
So if the retirement age is raised to 67 how would that change the 2033 prediction? Do you know that it won't be raised? What if the raise it to 70 by 2033? What will the economy, workforce or newest industry be in 2023 or 2033? Predictions 20 years out when there are millions of combinations of things that will effect it are worthless.
In 1980 how many predictions were out about the Internet in 2000?
How many people in 1985 said in 20 years everyone will have a phone that like a computer in their pockets?
The retirement age for full benefits is 67,for those born after 1960.
Jerseyboy for life

Elkhart, IN

#48 Mar 1, 2013
enemy combatant wrote:
<quoted text>
1. Nanci pelosi isn't in charge
2. That why we have elections. We just had one. The people have spoken.
3. John Kerry is a war hero that has devoted his life in service of his country
Please explain how the leadership of this country isn't looking out for our best interests.
No nancy pelosi isn't in charge,but she was house speaker,and she could be again, after the mid term elections if Obama continues to capaign like he has, and convinces all you brain dead liberals again ,like he did with the Presidential election.There is a reason for this mans insanity.John Kerry is a "T R A I T O R"in the capital of North Vietnam,they have erected a plaque in honor of traitor Kerry,that reads how they owe him a great honor in giving them the courage to continue the war,and kill many thousands more of our troops.If kerry had done what he did duriong WW2,he kerry would have been shot a sunrise,along with Jane Fonda.....And Obama is getting away with murder over the Libya embassy debacle,he should be impeached,and Hilary Clinton on charges of perjury,lying while under oath,and covering for the Comander and lier...Only the President can declare a state of war,the congress gives the authorization for it.Obama is the Chief of our amrmed forces,he can authorize the use of force or not,and he alone does that,so thats why his name is over that command to the navy seals to stand down,and the reason for those four "white"


men, THAT WERE "m u r d e r e d"UNDER THIS POOR EXCUSE OF A PRESIDENT. AND OBAMA IS THE SOLE REASON OUR ECONOMY IS TANKING...He is hoping we default and collapse,then he can declare Martial Law and remain in power indefently...
Jerseyboy for life

Elkhart, IN

#49 Mar 1, 2013
I know I may not have all my words spelled correct,some facts about the Presidents authorzation correctly,but I'm PO'D,and can't stand whats happening to Our great Country,while this MARXIST,Obama has, and is fooling US all,into the G R A V E....

Since: Jan 08

Willingboro, NJ

#50 Mar 1, 2013
Jerseyboy for life wrote:
<quoted text>No nancy pelosi isn't in charge,but she was house speaker,and she could be again, after the mid term elections if Obama continues to capaign like he has, and convinces all you brain dead liberals again ,like he did with the Presidential election.There is a reason for this mans insanity.John Kerry is a "T R A I T O R"in the capital of North Vietnam,they have erected a plaque in honor of traitor Kerry,that reads how they owe him a great honor in giving them the courage to continue the war,and kill many thousands more of our troops.If kerry had done what he did duriong WW2,he kerry would have been shot a sunrise,along with Jane Fonda.....And Obama is getting away with murder over the Libya embassy debacle,he should be impeached,and Hilary Clinton on charges of perjury,lying while under oath,and covering for the Comander and lier...Only the President can declare a state of war,the congress gives the authorization for it.Obama is the Chief of our amrmed forces,he can authorize the use of force or not,and he alone does that,so thats why his name is over that command to the navy seals to stand down,and the reason for those four "white"
men, THAT WERE "m u r d e r e d"UNDER THIS POOR EXCUSE OF A PRESIDENT. AND OBAMA IS THE SOLE REASON OUR ECONOMY IS TANKING...He is hoping we default and collapse,then he can declare Martial Law and remain in power indefently...
Surprisingly I can't find any info on a John kerru plaque in north Vietnam.
So you want to impeach the president because terrorists killed 4 Americans? How about Reagan? How many marines died in those barracks? Or how about bush? 3000 Americans were killed I don't remember hearing the word impeachment one time. So 4 people get killed impeachment thousands die and silence.

Since: Jan 08

Willingboro, NJ

#51 Mar 1, 2013
bill wrote:
<quoted text>
The retirement age for full benefits is 67,for those born after 1960.
Yes for 100% benefit the age is 67. So there is no way it would ever change I guess.(Dripping sarcasm)

Could it be 70 sometime soon? Don't know can't tell what will happen over the next 20 years. How about a flu epidemic like the Spanish flu. Would that change the solvency/insolvency of ss in 20 years?
The Man

Pennsauken, NJ

#52 Mar 1, 2013
Why not just bump the retirement age to 100 then? Think of all the money they could blunder from the elderly!
Raising the retirement age is reducing benefits. So they already are reducing money paid to seniors. Just wait until you try and collect,S.S. will be full of government i.o.u's.

Since: Jan 08

Willingboro, NJ

#53 Mar 1, 2013
The Man wrote:
Why not just bump the retirement age to 100 then? Think of all the money they could blunder from the elderly!
Raising the retirement age is reducing benefits. So they already are reducing money paid to seniors. Just wait until you try and collect,S.S. will be full of government i.o.u's.
I'm not advocating it simply pointing out this one of many things that may happen over the next 20 years that makes ab2033 prediction worthless. Personally I think at some point it will rise. Medical advancement, exercise, the decrease in smokers and general focus on health with science behind it help us on average live longer and longer with better quality of life.
The Man

Pennsauken, NJ

#54 Mar 1, 2013
"I'm not advocating it simply pointing out this one of many things that may happen over the next 20 years that makes ab2033 prediction worthless."
So maybe it goes broke 5 years later or 5 years sooner.
But it will be in trouble. Racking up all this debt certainly isn't helping anything is it?
Jerseyboy for life

Elkhart, IN

#55 Mar 2, 2013
Impeach Obama for dereliction of duty, while our embassy was under attack,and four "white"men parished under his watch,and his stupidity,and lack of concern for Americans...He is a "Hoax"a Liberal plant set up by the Left to bring down america one piece at a time...His total lack of any real stewardship is very troubling,and is putting America at a serious "Grave"consequences due to his ignoring of the real threats that are coming,and which have occured.If he would abandon his quest for turning us into a socialist Europe,and watch what our enemies are doing,like N. Korea setting off another nuclear devise,and start attending some briefings,insteadd of playing golf.He might have seen what was happing to us around the World.Our economy is tanking because Ocommiebama is a spend and tax Liberal,who thinks he's "King"...Our enemies are getting bolder,and Obama is getting weaker,but he is committed to destroying us militarily,and economically.How is the dope and change working for ya,is your income getting smaller?Do you feel safer?Is your Obamacare affordable?Is he doing a great job?We need him outa here!...I doubt if we can survive another three years with this imposture misleading us into the "Grave"...He is a H O A X....An untouchable plant, created by fourty years of political correctness....The sooner we rid ourselves of this imposture,the sooner we can start to grow our economy again.....It's time to white wash Washington, and throw out the "Leftist"who's aim is to do us harm,and give our enemies a pass....Obama and his ilk,are at war with US!!!!...
Jerseyboy for life

Elkhart, IN

#56 Mar 2, 2013
The Man wrote:
"Btw ss runs at a surplus"
Funny,thats not what social security says...
http://cnsnews.com/news/article/social-securi...
And what pray tell do you tink will happen in the next few years as all the baby-boomers retire?
Thanks to abortion,and the fact that there are no "Jobs"out there ,thanks to this poor excuse of a President sitting in the Whitehouse,the future is very "Bleak"at best...With all the welfare recipients,and the babyboomers retiring,the system will not be able to sustain it self,and it will collasps...And I know,and the Left knows it toooooooooo!.Your right on,and this is all by design,60,000,000 future workers gone with the stroke of a pen,has left us hurting for workers ,and a real future work force to support our infastructure.....TShe babyboomers are pretty mech the last real generation of workers left that matter now,this generation is lost in space.....And have lost the work ethic.......
Jerseyboy for life

Elkhart, IN

#57 Mar 2, 2013
enemy combatant wrote:
<quoted text>
1. Nanci pelosi isn't in charge
2. That why we have elections. We just had one. The people have spoken.
3. John Kerry is a war hero that has devoted his life in service of his country
Please explain how the leadership of this country isn't looking out for our best interests.
Obama in the "Whitehouse"need I say any more?...everything that could go wrong is going wrong,and this fool is head strong on transforming America into a European Socialist failure.....Maybe a huge mushroom looming over one of our cities might awaken this idiot....Noooo!,he would be President for life then.....I'm sure he is waiting though.......Nothing else seems to distract or deter him from his "Agenda"....He is a train wreck,and the engineer at the controls.......He is doing it so fast jumpingaround like a circus clown,from gay marriage,to this and that,all in the name of destroying US....GOD help US.....

Since: Jan 08

Willingboro, NJ

#58 Mar 2, 2013
Jerseyboy for life wrote:
<quoted text>Obama in the "Whitehouse"need I say any more?...everything that could go wrong is going wrong,and this fool is head strong on transforming America into a European Socialist failure.....Maybe a huge mushroom looming over one of our cities might awaken this idiot....Noooo!,he would be President for life then.....I'm sure he is waiting though.......Nothing else seems to distract or deter him from his "Agenda"....He is a train wreck,and the engineer at the controls.......He is doing it so fast jumpingaround like a circus clown,from gay marriage,to this and that,all in the name of destroying US....GOD help US.....
1. You said nancy pelosi not me
2. Everything? Really? How many skyscrapers in ny had terrorists hijack planes into them since Obama was elected?
3. Stock market has doubled in value since he first took office. Hmm seems like capitalism to me. Please name one socialist thing he's done. You can't because there isn't one.
4. He was in Washington this weekend, he didn't leave Thursday afternoon like the coward boehnor did.

Since: Jan 08

Willingboro, NJ

#59 Mar 2, 2013
The Man wrote:
"I'm not advocating it simply pointing out this one of many things that may happen over the next 20 years that makes ab2033 prediction worthless."
So maybe it goes broke 5 years later or 5 years sooner.
But it will be in trouble. Racking up all this debt certainly isn't helping anything is it?
Or maybe it doesn't go broke at all. Funny that is never an outcome you consider.

Little known fact in all the debt nonsense. For every dollar we owe in debt, we are owed .89 from foreign nations. And who is it that owns the bulk of our debt again? Oh yea NOT foreign nations like righties try to convince us.
The Man

Pennsauken, NJ

#60 Mar 3, 2013
enemy combatant wrote:
<quoted text>
Or maybe it doesn't go broke at all. Funny that is never an outcome you consider.
Little known fact in all the debt nonsense. For every dollar we owe in debt, we are owed .89 from foreign nations. And who is it that owns the bulk of our debt again? Oh yea NOT foreign nations like righties try to convince us.
Source it. Or are you including debts that were forgiven?

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