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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST
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To: TobagoJack who wrote (114604)12/8/2015 3:15:33 PM
From: Elroy Jetson1 Recommendation

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The Republican Party is now pulling out all the stops to collapse Donald Trump's run for President.

Each Republican candidate has proposed their own plan to end Medicare benefits for the elderly and sharply cut Social Security benefits. Together these two entitlement programs soak-up 60% of federal spending which is the major concern of major Republican donors.

Elderly Republicans could either vote to eliminate their Medicare benefits and restrict Social Security, or vote for a Democratic Presidential candidate.

Then Donald Trump crashed their party, a Republican promoting the Democratic idea that elderly Americans are entitled to the Medicare and Social Security benefits they paid for - in spite of the fact that a large percentage of their Social Security and Medicare tax payments were immediately spent on income tax cuts for top earners.

Trump, Clinton and Sanders have all proposed increasing income tax rates on the wealthiest Americans to recapture the Social Security and Medicare proceeds which were previously paid-out to these top earners.

Republicans who want to maintain their Medicare coverage and Social Security benefit have to decide which of these three candidates would make a better President, based on the other issues and who these people are.
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