Dems attack Ryan plan to privatize So...

Dems attack Ryan plan to privatize Social Security

There are 2024 comments on the Fox News story from Aug 19, 2012, titled Dems attack Ryan plan to privatize Social Security. In it, Fox News reports that:

FILE: Aug. 18, 2012: Vice presidential candidate Rep. Paul Ryan speaks to a crowd at Lake Sumter Landing Market Square in The Villages, Fla.

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Since: Jul 12

Fort Huachuca, AZ

#1407 Oct 5, 2012
Here in Vegas wrote:
<quoted text>
Oh brother, made plenty of them. Little ones and big ones.
The savings rate in this country has steadily declined over the last 40 years or so. Last couple years there's been an uptick in savings, but the trend is clearly down. A 40 years trend can't be blamed on any single President, recession, economic or salary situations. The reason is people are abdicating responsibility; in most cases to the Gov't. Why bother? The Gov't will pay SSI for me. Our society has a very myopic view.
Young people today need to figure it out and start savings for their own retirement -- period. No excuses, make it happen.
The savings rate is a systemic problem and it won't be resolved by inviduals but by government supporing and implementing programs that encourage an average pay that allows for savings and the necessary incentives to save.

Last year pay at the top went up by over 5% while pay for the lower 80% went down by over 1%. The delta was over 7%. You can't allow year after year for any one class to continuously come out ahead on pay. The economy will not work that way. If the bottom always came out on top, soon everyone would be making good money and no one would want the headache of being in charge.

If the top always comes out ahead (percentage wise) then soon there is no money to pay the bottom a living wage. Gee, don't we have 47% or close to it now accepting aid from the government?

Since: Jul 12

Fort Huachuca, AZ

#1408 Oct 5, 2012
Here in Vegas wrote:
You people dependent on the Gov't for your retirement needs are grossly misguided. SSI and Medicare are going broke and everyone in the visible universe knows it. If you continue to rely on it, be happy with the few crumbs they drop on the ground for you.
People are dependent on government because free-market (or regulated) capitalism did not work.

Telling people they have to be responsible for themselves without society providing the mechanism that allows them the resources to take charge is a losing proposition.
1 post removed

Since: Jan 10

Las Vegas, NV

#1410 Oct 5, 2012
okb2 wrote:
<quoted text>
People are dependent on government because free-market (or regulated) capitalism did not work.
Telling people they have to be responsible for themselves without society providing the mechanism that allows them the resources to take charge is a losing proposition.
People voted for Gov't dependency. They voted in the people that gave thing what they wanted at the expense of otheres.

Seems you did OK. How did you do that? You never answered that. Your answers are always excuses why others can't.
1 post removed

Since: Aug 11

Location hidden

#1412 Oct 5, 2012
Here in Vegas wrote:
<quoted text>
People voted for Gov't dependency. They voted in the people that gave thing what they wanted at the expense of otheres.
Seems you did OK. How did you do that? You never answered that. Your answers are always excuses why others can't.
The recent expansion of Medicare with Part D is a good Example where 7 trillion dollars was just added to the Federal Deficit which even the Republicans thought it was a good Idea to buy & get votes especially the Baby Boomers & Seniors with tax dollars.

Since: Jul 12

Fort Huachuca, AZ

#1413 Oct 5, 2012
Here in Vegas wrote:
<quoted text>
People voted for Gov't dependency. They voted in the people that gave thing what they wanted at the expense of otheres.
Seems you did OK. How did you do that? You never answered that. Your answers are always excuses why others can't.
By being healthy and intelligent and resourceful. I married a healthy person as well. Can't say they are intelligent, they married me.

Reality is what it is. It is not an excuse it is a reason.

130,000,000 jobs and 190,000,000 workers. How many workers are working?

Up until about 1938 there was a small middle class and you had about 50% or more of the population barely scrping by. This goes from 1776 right up until 1938. Sometimes we did better, sometimes we did worse.

WWII was the world's biggest stimulus package. To top it off, after the war the US was the only industrial power left with the ability to do large scale exporting. At that time we got about 35 - 40% of federal revenues from corporations who were bringing it home from overseas.

On top of that we had abundent cheap energy that lasted right up until Nixon took office.

Now, do you really want to compare the advantages of 1945 - 1968 with what is happening today?

Reality is what it is. The sooner we realize that instead of trying to live a time that no longer exists the sooner we can start moving forward in the world again.

Since: Jul 12

Fort Huachuca, AZ

#1414 Oct 5, 2012
Anonymous of Indy wrote:
<quoted text>The recent expansion of Medicare with Part D is a good Example where 7 trillion dollars was just added to the Federal Deficit which even the Republicans thought it was a good Idea to buy & get votes especially the Baby Boomers & Seniors with tax dollars.
They did not "buy" it, they charged it. They left others to pay for it.
Pamela

Citrus Heights, CA

#1415 Oct 5, 2012
Son of SickNTired wrote:
<quoted text>
Uh, Medicare/Medicaid and Social Security are not included in the debt.Both are funded seperately and have operated very well for decades . While it sounds fiscally responsible to say that everone should plan on their own for what ever life has to throw at them , this is just not practical. Why is it when we talk about trimming the budget we always seem to go after social programs, yet we have 700 plus bases outside the US. For what purpose?.
social security and Medicare have over $120 TRILLION in unfunded liabilities. It is on the National Debt Clock for anyone to see. yes, it has separate debt. It is THE debt, it's the drivers of the debt, it's THE problem. yes, we should end all of it, the big military empire AND those giant welfare entitlements that would have to pay out $120 TRILLION MORE than people have paid into them. yes, end those three big spending items and we are home free.

Since: Aug 11

Location hidden

#1416 Oct 5, 2012
okb2 wrote:
<quoted text>
They did not "buy" it, they charged it. They left others to pay for it.
the Republicans tried to buy Votes and adding Medicare Part D to the Deficit, which is what I said.
Pamela

Citrus Heights, CA

#1417 Oct 5, 2012
OregonSUX wrote:
<quoted text>
Did you get a job yet?
Total BS. Romney doubled down on his promise to end Medicare in 2016. That's it. Four more years...of Medicare under Ryan/Romney while Romney gets a 0.82% tax rate on $21M in annual income.
The choice is stark and very clear.
Medicare is much MUCH more efficient than private health insurance even as ObamaCare tries to rein in the inefficiencies and management bloat of private insurance companies. Some people got rebates this year. Amazing.
Medicare is just a part of health care industry in the USA that is out of control. Demographics plays a big part as does the increasingly unhealthy American diet. Americans are sicker, at younger ages, than before. It is not just seniors who are probably, year for year, healthier than their grandkids.
SS is not a retirement fund you pay into, it is an insurance program and would be solvent as far as the eye can see if it were made flat and not regressive. Remove the stupid income contribution cap entirely. Period. That's it. Remember those 401K's? Remember pensions?
I guess you think it would be peachy to have seniors back into eating cat food and living in boxes under the bridge.
All the government workers who Obama gives big, giant pensions to retire at 50-55. I am 55, so why do you want me to get a job at Obama's retirement age for government workers????

Medicare has $80 TRILLION in unpaid for promises, in unfunded liabilities. It is on the National Debt Clock. The World War II generation paid zero into Medicare and sucked up trillions in free health care, end of life care, long term expensive free rest homes on Medicaid, so now both Medicare and Medicaid are exhausted, not only flat broke, but Medicare alone has promised the baby boomer generation $80 TRILLION MORE than they have paid into it.

Look, if people want full government health care for as long as they live retired with no limits to it, and they want to live for 40 years after they retire and they want their wife who never worked and who did not pay one cent into medicare to also get 30-40 years of Medicare, the reality is the nation needs a 25-30 percent national sales tax to pay for it.

Unfunded liabilities in SS and Medicare for the baby boomers total $121 TRILLION, divided by 20-30 years they will live retired = you need about 5-6 TRILLION per year to give the baby boomers SS and Medicare, so you had better generate that money somehow. It is not going to come from outer space and we sure as hell cannot borrow any $121 TRILLION from China to hand to stupid, old people who mainly have OTHER incomes retired. It's huge, huge, huge welfare for the rich and for the middle class. If you don't want huge new taxes to come up with that kind of money, they you had better means test it and ONLY give it to those who are poor, to ONLY poor old people. If you want every person who has big money and/or 2-3 other pensions to get that stuff, then set up a big national sales tax if they want to live that fat retired off of the government. SOMEONE has to pay for it. It's NOT free.
Pamela

Citrus Heights, CA

#1418 Oct 5, 2012
Anonymous of Indy wrote:
<quoted text>the Republicans tried to buy Votes and adding Medicare Part D to the Deficit, which is what I said.
the Tea Party will not ever mention Medicare part D because as long as it is them getting the welfare, they want it. Same reason not one of them will EVER mention the $120 TRILLION in unfunded liabilities on the Debt Clock in SS and Medicare. Their game is "give us the free stuff, let us have our socialism, let us live off of the government, give us 2-3 government pensions, give us government Medicare because we are somehow 'true' Americans and screw everyone else. We want ALL the government money.

That's the game they are playing. That's why you post about the trillions of dollars of debt in Medicare part D and they all ignore it, same as I have posted about the $120 trillion of debt in SS and Medicare for years and not ONE person will speak of it. It's a sick joke. The game is that debt will magically go away if they just do not admit it exists. They think like small children. They are the ones who want to live off of the government and they can't deal with the debts in their programs.
Pamela

Citrus Heights, CA

#1419 Oct 5, 2012
they have a tape of Paul Ryan in a committee meeting saying to the Dems "you have promised people over $100 TRILLION in SS and Medicare, and you know we cannot ever pay them that." Paul Ryan is very aware of that massive debt, of those unfunded liabilities in SS and Medicare which is why he came up with the idea of vouchers for Medicare and means testing SS and the Medicare vouchers.

People are soooooo greedy that their greed stops them from looking at anything real. Anyone who sees SS and Medicare have promised the baby boomers $120 TRILLION (WITH A T) more than they have paid into those programs should see huge red flags, bells and whistles should be going off in all of your heads. That huge amount of money tells you that no one is going to get it. There's no way. Instead people ignore it.

How people can ignore $120 TRILLION is beyond me. That tells everyone that NO ONE is going to be able to get SS and Medicare.
Pamela

Citrus Heights, CA

#1420 Oct 5, 2012
okb2 wrote:
<quoted text>
By being healthy and intelligent and resourceful. I married a healthy person as well. Can't say they are intelligent, they married me.
Reality is what it is. It is not an excuse it is a reason.
130,000,000 jobs and 190,000,000 workers. How many workers are working?
Up until about 1938 there was a small middle class and you had about 50% or more of the population barely scrping by. This goes from 1776 right up until 1938. Sometimes we did better, sometimes we did worse.
WWII was the world's biggest stimulus package. To top it off, after the war the US was the only industrial power left with the ability to do large scale exporting. At that time we got about 35 - 40% of federal revenues from corporations who were bringing it home from overseas.
On top of that we had abundent cheap energy that lasted right up until Nixon took office.
Now, do you really want to compare the advantages of 1945 - 1968 with what is happening today?
Reality is what it is. The sooner we realize that instead of trying to live a time that no longer exists the sooner we can start moving forward in the world again.
You are exactly right because today we are not the only manufacturing country. China is a big, huge manufacturer and exporter now. So it is a different time. You are also right that cheap oil is gone. In a worldwide recession oil sits at almost $100 a barrel yet it was always around $15-$20 a barrel. So we can expect $100-$150 a barrel oil from here on out. It shot up to $150 not long ago.

Again you are correct that the reason WWII helped our economy was people here rationed things, did not consume much and they bought war bonds and they saved their money. A nation's strengh comes from how much its people save and from how highly educated it's people are, how employable they are, and how much savings and how much debt it's government has. So China sits with trillions in surplus while we have no surplus and $16 trillion of debt. Plus, when oil was up at $150 a barrel, people in the OPEC countries were saving their money like crazy. So, you are correct in that this is a different time. These wars we have today are different in that they feed the rich massive war contracts, we rebuild foreign countries, we do not have a draft so it doesn't concern the average person, we don't ration things, we don't save our money.

“Bullsh*% Detector Enabled”

Since: Dec 08

Brooklyn, New York

#1421 Oct 5, 2012
Hey, where is the Tea Party?

Since: Aug 11

Location hidden

#1422 Oct 5, 2012
Black Rhino wrote:
Hey, where is the Tea Party?
I have wondered that too.

Since: Jan 10

Las Vegas, NV

#1423 Oct 5, 2012
okb2 wrote:
<quoted text>
By being healthy and intelligent and resourceful. I married a healthy person as well. Can't say they are intelligent, they married me.
Reality is what it is. It is not an excuse it is a reason.
130,000,000 jobs and 190,000,000 workers. How many workers are working?
Up until about 1938 there was a small middle class and you had about 50% or more of the population barely scrping by. This goes from 1776 right up until 1938. Sometimes we did better, sometimes we did worse.
WWII was the world's biggest stimulus package. To top it off, after the war the US was the only industrial power left with the ability to do large scale exporting. At that time we got about 35 - 40% of federal revenues from corporations who were bringing it home from overseas.
On top of that we had abundent cheap energy that lasted right up until Nixon took office.
Now, do you really want to compare the advantages of 1945 - 1968 with what is happening today?
Reality is what it is. The sooner we realize that instead of trying to live a time that no longer exists the sooner we can start moving forward in the world again.
Fine, reality is what it is. Then people who are dependent be happy with the crumbs they get.
1 post removed

Since: Jul 12

Washington, DC

#1425 Oct 5, 2012
Here in Vegas wrote:
<quoted text>
Fine, reality is what it is. Then people who are dependent be happy with the crumbs they get.
Yep, that will solve the problem for sure.
Tony

Broken Arrow, OK

#1426 Oct 5, 2012
Eliminate all tax payer retirement benefits from Ryan and all members of Congress and put them on Social Security. Why do members of Congress have better retirement benefits from tax payers than their bosses the tax payers. First time employees have better benefits than the employer.
Tony

Broken Arrow, OK

#1427 Oct 5, 2012
Eliminate all tax payer health care benefits from members Ryan and all members of Congress and put them on Medicare. Why do members of Congress have better health care benefits from tax payers than their bosses the tax payers. First time employees have better benefits than the employer.

Since: Jul 12

Washington, DC

#1428 Oct 5, 2012
Tony wrote:
Eliminate all tax payer health care benefits from members Ryan and all members of Congress and put them on Medicare. Why do members of Congress have better health care benefits from tax payers than their bosses the tax payers. First time employees have better benefits than the employer.
Oklahome is a leeching RED state. What right do you have to say Jack. You already suck up more federal dollars than you pay in. And even with that it is obvious your schools don't teach.

Congress has the same exact benefits of every Federal Employee. Don't be jealous, move from Oklahoma and learn to support yourself. You live in a whole state that is unable to.
Tony

Broken Arrow, OK

#1429 Oct 5, 2012
okb2 wrote:
<quoted text>
Oklahome is a leeching RED state. What right do you have to say Jack. You already suck up more federal dollars than you pay in. And even with that it is obvious your schools don't teach.
Congress has the same exact benefits of every Federal Employee. Don't be jealous, move from Oklahoma and learn to support yourself. You live in a whole state that is unable to.
My tax dollars are being wasted to fund Ryan and other members of Congress retirement benefits. They should practice what they preach and be more self reliant and more self responsible and fund their own retirement and go on social security like everyone else.

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