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If Republicans had gotten their way on Social Security "reform" where would seniors be today?
10-13-2012, 02:14 AM
Post: #11
 
Republicans don't care, they'll blame them for not being diversi.. oh, I see a neocon has already done that...

My point stands, Republicans don't care what happens to you once you're out of the womb.

John McCain voted no on the minimum wage but loves the American workers? Something doesn;t add up, and John McCain is a Liar.

http://www.mclobbyist.com/

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10-13-2012, 02:14 AM
Post: #12
 
Living in old refrigerator crates behind empty factories, in soup lines, and dying in ER rooms.
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10-13-2012, 02:14 AM
Post: #13
 
Much better off than they are now. Every single time Social Security has been raided it has been by a Democrat President and Democrat Congress. Social Security pays 1/2 to 1 percent interest. Even pass book accounts pay better. The Dems don't want to let it out of their hands. They have never replaced one penny that they took from it. Bush was trying to protect retirees from the Democrats. If they do they won't be able to spend it without your permission. A couple South American countries have had it privatized and their retirees do much better than ours. In fact if your relative dies on the last day of the month your family will have to return the whole months S.S. check. That is a law passed by the Democrats. Here is what Bill Clinton did with Social Security

This is from the Congressional Budget Office from March 1999. How Clinton reduced the debt and increased it at the same time. Wait a second you can't reduce it and increase it at the same time. Right. He increased at the expense of Social Security.

Yesterday the Congressional Budget Office (CBO) released its preliminary re estimate of the White House budget. This follows the Joint Committee on Taxation's (JCT) re estimate of the Clinton White House's tax provisions last week. Together, CBO and JCT are Congress' official estimators -- nonpartisan entities that Clinton himself promised to use when he first took office back in 1993.

President Clinton has promised to protect Social Security, to reduce the debt to the maximum extent possible, to control spending, and reduce taxes. But, Congress' official estimators show that on all four counts, the President's budget fails. Instead, Clinton's budget raids the Social Security trust fund for $158 billion in five years, it artificially erases the surplus, it lowers the public debt less than doing nothing would, it increases spending, and it raises taxes by $89.7 billion over the 1999-2009 period.

Clinton Raids Social Security: According to CBO, Clinton spends $40 billion of the Social Security surplus in his budget's first year (2000) and $158 billion over the first five years (2000-2004).

This is the same Social Security surplus that he has promised to save in its entirety.

This is the biggest reason S.S. is in trouble. Clinton did not have a surplus. He left us in debt we are still paying for.

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