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Yes I have Skeeve the Great Send a noteboard - 16/04/2011 10:44:50 PM
I dont understand how it remains a problem if you have enough revenue to cover it. So called "entitlement problem" is the problem only if you don't have money to pay for it. Otherwise, it's not a problem.

Even if you suppose you can raise tax revenue by cutting loopholes and forcing large companies to pay more taxes - whether that'll work or have the desired effect is another question, and one I don't feel particularly qualified to answer - it would only give you a little bit of respite. Social Security and Medicare are set on a growth path that will rapidly make them take up such huge parts of the budget that adjustments in other parts of the budget will make little difference. One way or another, the growth of those two programs has to be radically slowed down - or else the government will rapidly find itself unable to fund other important services. And frankly, I'm not sure merely cutting back waste and fraud will be enough.


http://www.cbo.gov/ftpdocs/87xx/doc8758/MainText.3.1.shtml
http://www.cbo.gov/ftpdocs/102xx/doc10297/Chapter2.5.1.shtml

As you can see, the projected grows in Medicaid and Medicare spending are in line with total health care spending. No jumps, no rapid changes. Will we see increase? Yes. Will we see increase in revenue? Yes. Will percentage of participants of both programs grow? Unsure. Remember that under these programs we are covering children, retired, poor and less fortunate as well. If we cut the programs, they poor will remain poor and less fortunate will remain less fortunate. The children won't be covered so that means more sick adults will eventually join the ranks of working force. Since we are cutting (under GOP proposals) environmental regulations, working conditions regulations, etc, it's likely that we'll get more sick and injured people as well. So yes, if we do this, the percentage of both programs participants may grow substantially and we will face the crisis.
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Several basics facts about US Debt and Spending..... trzaska2000 - 16/04/2011 04:41:55 AM 1274 Views
Well ... at least we've been here before ... ? The_Muted_Grimaud - 16/04/2011 06:41:00 AM 789 Views
Guess we should have okay'd those death panels for old people then. Big money saver. *NM* TaskmasterJack - 16/04/2011 03:38:00 PM 412 Views
Yeah, those old people are draining the system..... trzaska2000 - 16/04/2011 06:57:59 PM 805 Views
You're already worse off than much of Europe, honestly. Legolas - 16/04/2011 04:08:37 PM 912 Views
Re: You're already worse off than much of Europe, honestly. Tihs Tnuc - 17/04/2011 01:33:31 AM 927 Views
Balancing our budget would be easy. ranagrande - 16/04/2011 06:46:32 PM 735 Views
Several of those aren't as easy as you make it sound, but the import tax is a big no-no. Legolas - 16/04/2011 07:34:30 PM 956 Views
Also on the buying drugs from Canada idea Isaac - 16/04/2011 08:17:26 PM 838 Views
Re: Also on the buying drugs from Canada idea Macharius - 18/04/2011 01:59:44 PM 890 Views
Re: Also on the buying drugs from Canada idea Isaac - 18/04/2011 05:16:14 PM 1051 Views
Funny you mentioned WWII and 1968. Can you put tax rates at these times as well? Skeeve the Great - 16/04/2011 07:50:09 PM 1215 Views
Not really. Even if you can substantially raise tax revenue, the entitlement problem remains. *NM* Legolas - 16/04/2011 08:25:26 PM 355 Views
Re: Not really. Even if you can substantially raise tax revenue, the entitlement problem remains. Skeeve the Great - 16/04/2011 09:19:40 PM 875 Views
Have you ever looked at those projections for a decade or two hence? Legolas - 16/04/2011 10:13:12 PM 836 Views
Yes I have Skeeve the Great - 16/04/2011 10:44:50 PM 961 Views
Erm, and you think total health care spending is not getting out of control? I'm a little confused. Legolas - 16/04/2011 11:02:52 PM 886 Views
Yes it's going out of control Skeeve the Great - 16/04/2011 11:17:59 PM 832 Views
Good, we agree on that much then. Legolas - 17/04/2011 09:59:17 AM 810 Views
Exactly. Cutting back on fraud and waste doesn't really put much of a dent in those projections. *NM* Tom - 17/04/2011 02:31:13 AM 334 Views
Sorry, but that is a stupid opinion..... trzaska2000 - 16/04/2011 08:38:35 PM 803 Views
Sounds like another bull. Skeeve the Great - 16/04/2011 09:31:05 PM 1054 Views
Dude, the data is the data.....tax revenue increased all three times. trzaska2000 - 16/04/2011 09:47:37 PM 1013 Views
As I suspected, it's a bull. Skeeve the Great - 16/04/2011 10:02:05 PM 925 Views
Stop being a fool - read and react to the data provided, posting something..... trzaska2000 - 16/04/2011 10:14:11 PM 693 Views
Response is Skeeve the Great - 16/04/2011 10:19:00 PM 909 Views
Good lord.....it's like talking to a brick. I really hope you are 12 or 13. trzaska2000 - 16/04/2011 10:28:44 PM 910 Views
Re: Good lord.....it's like talking to a brick. I really hope you are 12 or 13. Skeeve the Great - 16/04/2011 10:47:24 PM 872 Views
I take it you mean "rate of revenue growth decreases". Legolas - 16/04/2011 11:11:19 PM 792 Views
Re: I take it you mean "rate of revenue growth decreases". Skeeve the Great - 16/04/2011 11:26:02 PM 930 Views
Additional point Skeeve the Great - 16/04/2011 11:37:17 PM 920 Views
It's not remarkable that revenue increased after the Reagan cuts. Tom - 17/04/2011 07:21:47 PM 1099 Views
I've just noticed that you've provided charts from Heritage Foundation! Are you f.. kidding me? Skeeve the Great - 16/04/2011 10:13:46 PM 785 Views
All the data is via CBO - do you know that the CBO is? trzaska2000 - 16/04/2011 10:16:08 PM 799 Views
Re: All the data is via CBO - do you know that the CBO is? Skeeve the Great - 16/04/2011 10:27:01 PM 908 Views
Nice try.....care to explain why the same exact thing happened..... trzaska2000 - 16/04/2011 10:35:44 PM 727 Views
Re: Nice try.....care to explain why the same exact thing happened..... Skeeve the Great - 16/04/2011 10:49:33 PM 880 Views
Krugman is a shill for the Obama administration. Tom - 17/04/2011 02:34:50 AM 744 Views
Re: Krugman is a shill for the Obama administration. Skeeve the Great - 17/04/2011 03:50:24 AM 965 Views
Some obesrvations by Republican economists Skeeve the Great - 18/04/2011 12:27:04 AM 1107 Views
You mean the Keynesian economist who wrote The Failure of Reaganomics random thoughts - 18/04/2011 04:00:52 PM 739 Views
Re: You mean the Keynesian economist who wrote The Failure of Reaganomics Skeeve the Great - 18/04/2011 05:36:44 PM 729 Views
You use Krugman and then complain about the Heritage Foundation! Are you f.. kidding me? *NM* random thoughts - 18/04/2011 02:46:47 AM 371 Views
Useless fact about our presidents since 1945. heartbreak - 17/04/2011 09:20:16 PM 1009 Views
Re: Several basics facts about US Debt and Spending..... Skeeve the Great - 20/04/2011 03:51:19 PM 1170 Views
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