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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Alighieri who wrote (613892)	5/31/2011 1:33:10 PM
From: i-node	Read Replies (1) \| Respond to of 1578564

>> What you are describing is the present value of the unfunded liability. The unfunded liability IS a present value, doofus. By definition. You really are clueless about this subject. If you want to discuss it, fine -- but at least make an effort. >> Unfortunately those liabilities are what they are because because republicans have made it a goal of starving these programs of funds... The Republicans? LBJ set up Medicare, establishing it with a maximum annual tax of 0.35% x $6,600 = 23.10/year. Today, for a person making $100K, it is now at $5,800/year, and the wage cap is eliminated totally. $23 in 1966 to $5,800 or more now. To suggest this program has been "starved" for funding is absurd (this counts ONLY the HI fund; add to that Parts B, C & D).