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Politics : The Trump Presidency
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To: koan who wrote (10423)2/11/2017 5:42:58 PM
From: i-node1 Recommendation

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one_less

  Read Replies (1) of 359553
 
>> I have answered this for you a zillion times. Lift the cap and social security will be good for decades.

>> Why can't you remember that.?

I remember you said but it simply isn't a factual statement, which I explained to you at the time and you are once again repeating a lie, and one that you know to be a lie. The current unfunded liability for SS and Disability amounts to around $13 Trillion. You cannot raise that kind of money by eliminating the SS cap. Period. You just can't. That should be apparent to anyone who isn't arithmetically disabled.

But that isn't even the BIGGEST problem. Which is that Medicare has a far bigger problem that must be resolved at the same time. So, the tax base you commit to SS, whatever it is, is that much less you have to deal with SS. And the cap on Medicare wages has been long gone. You're looking at a massive tax increase there already.

There simply isn't he money to pay these commitments without economic disaster. These programs Democrats created without thinking, "What happens if people start living longer?"

So, stop repeating the same dumb, counter-factual statement and actual explain how your kids are going to pay for this crap and provided for themselves at the same time.
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