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Old 09-29-2012, 06:43 PM   #29
Jim in CT
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Join Date: Jul 2008
Posts: 20,441
Spence? Anything to say?

Folks, at current benefit levels, SS and Medicare will run a deficit of at least $40 trillion dollars. That means we have 3 choices.

(1) we do nothing, and let those programs collapse under the weight of the Baby Boomers. This is what politicians of both parties have chosen to do for 50 years,but it's a lot easier to get re-elected if you don't talk about cutting htings.

(2) you raise taxes ti the point that we generate an additional $40 trillion in the next 5o years. That would require North-Korea tax levels, and it's not ever going to happen.

(3) we cut benefits to levels that we can afford to pay for. That's what Romney/Ryan are proposing (I don't know if their proposal is a good proposal, but it's a proposal that, as Spence says, diminishes teh benefits. Unfortunately, that's exactly what is required.

Obama (and most liberals) choose to attack Ryan and Romney for daring to proipose cutting these benefits. Spence, predictably, jumped right on this bandwagon, saying Romney doesn't care about the needy because he wants to diminish these programs.

If liberals want to attack those who are merely stating th emathematical facts, we need to start asking these azzholes exactlly what I asked Spence...if you don't want to cut these programs, where is the $40 trillion going to come from.

If any politician (from any party) can come up with a way to increase taxrevenue by $40 trillion without harming the country, I will support him.

Spence, either tell us your plan, or admit that you're just regurgitating Obama talking points like a well-trained parrot.

we have serious problems. I'm not saying Romney/Ryan have the best possible solutions. But their solution is better than doing nothiingt, which is whatr Obama has done thus far to save those programs.

...
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