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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (887307)9/14/2015 3:55:19 PM
From: TimF1 Recommendation

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TideGlider

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Yes it said there could be a massive increase in productivity (I didn't use the term massive increase, but that's what a big enough increase could reasonably be called). There is no sign whatsoever of such an increase happening.

It also talked about reducing spending. No direct reduction would be necessary if the future growth was reigned in, but reigning in the growth of this spending seems to be what you've been opposing from the beginning.

It also talked about raising taxes, but that isn't really an answer. It doesn't answer affordability at all. The point is that taxes probably can't raise enough money. As has been pointed out to you more than once but you keep ignoring at every rate from single digit income tax rates all the way up to 90%, the feds have never been able to raise enough money as a percentage of GDP, to cover the projected cost of entitlement spending, let alone entitlement spending and interest on the debt (even with leaving $0 for everything else). Well technically the issue here is just Social Security. Enough could be raised to let Social Security spending keep climbing in to the stratosphere, but not to cover that and Medicare and Medicaid both doing the same.
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