I said I wasn't going to discuss this subject with you because you're an idiot.
But I simply can't believe this so-called "economist's" view. It is as stupid as you are.
Let me say this: It is true that if we continue to increase tax rates until every American worker pays 80% of his earnings into SS and Medicare, these programs can survive for the foreseeable future.
The problem, of course, is that other nations are cutting taxes while we're increasing them. Which means that capital goes, not to the US, but to Germany, China, even Sweden for gods sake. Because they learned what the Reagan years taught us -- supply side works.
Meanwhile, we're increasing taxes without bound to keep up with the god-awful social programs, sucking the life blood out of our country.
So, yes, if a liberal economist who doesn't understand shit from shinola thinks we can increase taxes from now on, until all our money is taken by these programs, then, they won't be a problem.
The idiot dismisses the idea that the unfunded liabilities are meaningful then goes on to explain how as long as you keep increasing taxes it won't be a problem.
It is astonishing just how ignorant liberals can be.
Okay, now that's it. |