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Thread: Paul Ryan explains what is driving the National Debt.

  1. #1
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    Default Paul Ryan explains what is driving the National Debt.

    [Paul] Ryan, who wrote several deficit-cutting Republican budgets before becoming speaker, sought to tamp down fears that the bill could further explode the nation’s fiscal imbalance by amping up spending without spelling out offsetting cuts or revenue-raisers.

    Discretionary spending — the funding Congress doles out on a year-to-year basis for the Pentagon as well as for such functions as transportation, medical research and national parks — is not the main driver of the national debt, he argued, but rather “entitlement” programs such as Social Security, Medicare and Medicaid, which are left largely untouched by the pending deal.

    “The military is not the massive fiscal culprit around here that’s the driver of our debt,” Ryan said. “It is the fact that baby boomers are retiring, we’re not prepared for the retirement and these 20th-century programs like Medicare need to be modernized so they can fulfill their mission without breaking the bank. And that’s what we’ve got to work on.”

    https://www.washingtonpost.com/power...=.d6acf3cd1fb2
    Hmmm....




    Last edited by Tom Montgomery; 02-08-2018 at 12:37 PM.
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    Default Re: Paul Ryan explains what is driving the National Debt.

    When will voters stop falling for this nonsense?

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    Default Re: Paul Ryan explains what is driving the National Debt.

    They won't. Anything mentioned to them about reality is quickly touted as fake news, liberal bias, or whatever. Then, despite all the evidence to the contrary, they still accept that Team R is the best thing for them....Because guns and abortion. So they vote for them....the country starts to go all crazy, and Team R blames team D. The same people from above love to hear that it's Team D's fault, so they vote Team R again, and the cycle repeats.

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    Default Re: Paul Ryan explains what is driving the National Debt.

    “entitlement” programs such as Social Security, Medicare and Medicaid, which are left largely untouched by the pending deal.
    For NOW they're left untouched. When that 1.5 trillion dollar tax cut comes home to roost, those "entitlement" programs (that we've paid into all our working lives) will be gone.

    Quote Originally Posted by CWSmith View Post
    When will voters stop falling for this nonsense?
    When reds stop loving the lies they're fed.
    The best statement I've seen from this latest carnage came from a student who lived through it -

    "My generation will not allow this to continue!"

    Remember voting age is 18. Read it and weep reds.

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    Default Re: Paul Ryan explains what is driving the National Debt.

    It seems that 38% of Americans are impervious to facts. They are driven by pure ideology and fear. We see evidence of that every day here in the WBF Bilge.
    War is peace.
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    Default Re: Paul Ryan explains what is driving the National Debt.

    Jesus F***ing Christ!!!! They just passed a YUUUUUGE tax cut for rich folks and within 30 milliseconds they're yammering about the national debt??? You can't make this sh!t up.

    Paul Ryan is evil. No other word for it.
    Last edited by Keith Wilson; 02-08-2018 at 01:10 PM.
    "For a successful technology, reality must take precedence over public relations,
    for nature cannot be fooled."

    Richard Feynman

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    Default Re: Paul Ryan explains what is driving the National Debt.

    How again are SS and Medicare “entitlement” programs? I’ve been paying into them for almost 40 years so far.
    And veterans benefits are 6%. When added to the defense budget that makes it 60%.

    We spend 60% of our annual budget on the military and we can’t “win” the war in Afghanistan in 16 years? As a taxpayer I don’t feel like I’m getting my money’s worth.

    And now our Dictator in waiting wants to have a big parade to celebrate this same military?
    Fight Entropy, build a wooden boat!

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    Default Re: Paul Ryan explains what is driving the National Debt.

    ya know a big military parade is just the thing to show what’s important.

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    Default Re: Paul Ryan explains what is driving the National Debt.

    Louie Gohmert also weighs in:

    “We did a great thing with the tax cut bill, and it will ultimately make revenue go up dramatically, but we’re dramatically increasing spending before we even get the benefits of the tax cuts, so it’s a bit depressing, actually,” said Rep. Louie Gohmert (R-Tex.), a member of the hard-right House Freedom Caucus, which took an official position against the bill Wednesday.
    You can't make this sh!te up.
    War is peace.
    Freedom is slavery.
    Ignorance is strength.
    Trump is doing beautifully.





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    Default Re: Paul Ryan explains what is driving the National Debt.

    Quote Originally Posted by Tom Montgomery View Post
    Hmmm....




    look at that, makes $25 Billion for a wall perfectly reasonable.

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    Default Re: Paul Ryan explains what is driving the National Debt.

    Our Nation* is in deep trouble with these know-nothing yahoos running the show.


    *I refuse to use the soviet-like term "Homeland."
    War is peace.
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    Default Re: Paul Ryan explains what is driving the National Debt.

    Paul Ryan, like D.Tramp, has proven himself countless times to be a lying, feckless, traitorous POS.
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    Default Re: Paul Ryan explains what is driving the National Debt.

    They're grabbing the 3rd-rail of politics in an election year.

    Desperate, crazy, or brilliant?
    No adversary is worse than bad advice.

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    Default Re: Paul Ryan explains what is driving the National Debt.

    Quote Originally Posted by Tom Montgomery View Post
    Our Nation* is in deep trouble with these know-nothing yahoos running the show.


    *I refuse to use the soviet-like term "Homeland."
    Hasnt trump suggested Fatherland?
    Too soon?
    Fight Entropy, build a wooden boat!

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    Default Re: Paul Ryan explains what is driving the National Debt.

    One of the things that irked me most about the reign of W was the homeland/fatherland thing, along with the sudden need to appoint "czars" to lead certain initiatives.

    Under Trump, it barely even registers.
    No adversary is worse than bad advice.

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    Default Re: Paul Ryan explains what is driving the National Debt.

    So let me get this straight. We spend 30 billion on "entitlements" (quotes because we've all paid into SS) & 600 billion on the military. Chopping say 20% of 30 (6 billion) is going to solve our financial woes? How about 1% of 600? That'd be 6 billion as well.

    Wouldn't it be less damaging to people to cut the military 1%?

    This isn't rocket surgery - it's very simple arithmetic. I mean 3rd grade arithmetic. Haven't most of the people supporting these guys at least graduated from 3rd grade?
    "If it ain't broke, you're not trying." - Red Green

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    Default Re: Paul Ryan explains what is driving the National Debt.

    either he's as clueless as his supporters (not likely), or he's a bald faced liar (bing, bing, bing - we have a winner!).

    and his supporters lap it up.

    wasf.

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    Default Re: Paul Ryan explains what is driving the National Debt.

    Quote Originally Posted by Garret View Post
    So let me get this straight. We spend 30 billion on "entitlements" (quotes because we've all paid into SS) & 600 billion on the military. Chopping say 20% of 30 (6 billion) is going to solve our financial woes? How about 1% of 600? That'd be 6 billion as well.

    Wouldn't it be less damaging to people to cut the military 1%?

    This isn't rocket surgery - it's very simple arithmetic. I mean 3rd grade arithmetic. Haven't most of the people supporting these guys at least graduated from 3rd grade?
    The problem with cutting military pay is that folks in the service aren't well paid. Salary isn't where the money is.
    "The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails."
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    Default Re: Paul Ryan explains what is driving the National Debt.

    No, Social Security payments are a large part of the budget, $916 million last year. Medicare spending is about $600 billion.

    "Entitlements' originally was just a technical term for spending that didn't have to be specifically appropriated by Congress, but was paid out to anyone who met the qualifications.
    "For a successful technology, reality must take precedence over public relations,
    for nature cannot be fooled."

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    Default Re: Paul Ryan explains what is driving the National Debt.

    Quote Originally Posted by Figment View Post
    One of the things that irked me most about the reign of W was the homeland/fatherland thing, along with the sudden need to appoint "czars" to lead certain initiatives.

    Under Trump, it barely even registers.
    and in the background uncorked a samurai class of special ops and related contracted services under the GWOT banner that enabled 24/7 military action. Keep up with that State Dept and your diplomatic budget.

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    Default Re: Paul Ryan explains what is driving the National Debt.

    Quote Originally Posted by Canoez View Post
    The problem with cutting military pay is that folks in the service aren't well paid. Salary isn't where the money is.
    Where do you get 'cut military pay'? I doubt salaries make up the lions share of these expenditures. Ever see a graph of our nuclear arsenal? Enough to turn the Earth into Crispy Critters - several times over. Maybe there's room for belt-tightening.
    There's a lot of things they didn't tell me when I signed on with this outfit....

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    Default Re: Paul Ryan explains what is driving the National Debt.

    Quote Originally Posted by Canoez View Post
    The problem with cutting military pay is that folks in the service aren't well paid. Salary isn't where the money is.
    I certainly wasn't talking about cutting pay. Maybe eliminate a war or 2?
    "If it ain't broke, you're not trying." - Red Green

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    Default Re: Paul Ryan explains what is driving the National Debt.

    Quote Originally Posted by Keith Wilson View Post
    No, Social Security payments are a large part of the budget, $916 million last year. Medicare spending is about $600 billion.

    "Entitlements' originally was just a technical term for spending that didn't have to be specifically appropriated by Congress, but was paid out to anyone who met the qualifications.
    Correct Keith, From Politifact...
    "Once you include the 60 percent of the budget that is mandatory spending, the military share plunges from 57 percent to 16 percent, and the categories that include Social Security, Medicare and Medicaid collectively account for a majority of federal spending.Aug 17, 2015"

    go here for all the numbers:
    https://www.nationalpriorities.org/b...-101/spending/
    Last edited by paulf; 02-08-2018 at 01:55 PM.
    PaulF

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    Default Re: Paul Ryan explains what is driving the National Debt.

    Quote Originally Posted by George Jung View Post
    Where do you get 'cut military pay'? I doubt salaries make up the lions share of these expenditures. Ever see a graph of our nuclear arsenal? Enough to turn the Earth into Crispy Critters - several times over. Maybe there's room for belt-tightening.
    Exactly. Lower ranks of enlisted personnel, especially those with families, would qualify for food stamps. Cut a single new aircraft carrier out of the budget and the problem goes with it, but NOOOOO.
    The best statement I've seen from this latest carnage came from a student who lived through it -

    "My generation will not allow this to continue!"

    Remember voting age is 18. Read it and weep reds.

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    Default Re: Paul Ryan explains what is driving the National Debt.

    The thing that's driving the National Debt?

    Congress

    They're the ones that can tax and spend, or not.
    "The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails."
    -William A. Ward



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    Default Re: Paul Ryan explains what is driving the National Debt.

    In the end this it what it looks like, and it looks like we spend a lot on the people...as we should, perhape we should spend less on military and boost spending on citizens!

    PaulF

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    Default Re: Paul Ryan explains what is driving the National Debt.

    ^
    And still the U.S military budget continues to be bloated beyond belief and dwarfs the rest of the world.

    Reducing the National Debt would require both raising revenue and establishing sane spending priorities.

    But the Reeps aren't having that. They want to pour ever more money into the military, continue to cut taxes to benefit the oligarchs who fund their campaign war chests, and gut Social Security, Medicare and Medicaid and any other federal program that promotes the general welfare. They ideologically oppose any federal spending that promotes the general welfare.
    Last edited by Tom Montgomery; 02-08-2018 at 05:51 PM.
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    Default Re: Paul Ryan explains what is driving the National Debt.

    I wonder how viable the F-35 would be without international partnerships?

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    Default Re: Paul Ryan explains what is driving the National Debt.

    As I understand it, SS is not part of the budget, but rather a self funded program. What is part of the budget is paying back the money Congress has borrowed from it.
    What they are saying is the took the money and don't want to pay it back, in other words they want to steal it from us.
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  30. #30
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    Default Re: Paul Ryan explains what is driving the National Debt.

    Well... there is that.
    War is peace.
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    Trump is doing beautifully.





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    Default Re: Paul Ryan explains what is driving the National Debt.

    $30 Billion for science, gosh a wall seems so much more concrete than so-called “science”.

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    Default Re: Paul Ryan explains what is driving the National Debt.

    Quote Originally Posted by LeeG View Post
    look at that, makes $25 Billion for a wall perfectly reasonable.
    There seems to be a decimal point in the wrong place on the chart. SS is a huge chunk of the federal budget. It is also a huge chunk of the tax revenue--one of the few programs self-funded. The "tax cut" ignored this.

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    Default Re: Paul Ryan explains what is driving the National Debt.

    exactly, SS is self funded, it does not add to or take away from the deficit

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    Default Re: Paul Ryan explains what is driving the National Debt.

    Quote Originally Posted by Art Haberland View Post
    exactly, SS is self funded, it does not add to or take away from the deficit
    Almost... and the chart in post #26 is deceptive. SS and Medicare are the only expenditures, for which, there is a dedicated revenue stream, namely, the premiums people pay for them (they are, after all, insurance)... so they are NOT (for the most part) tax burdens. The earlier pie charts more accurately reflect their costs, relative to other spending. Were it not for demographic bumps, SS would be entirely self-funding.... and the borrowing from the SS Trust Fund is really no different than investing in US Treasury bonds.
    "Reason and facts are sacrificed to opinion and myth. Demonstrable falsehoods are circulated and recycled as fact. Narrow minded opinion refuses to be subjected to thought and analysis. Too many now subject events to a prefabricated set of interpretations, usually provided by a biased media source. The myth is more comfortable than the often difficult search for truth."







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    Default Re: Paul Ryan explains what is driving the National Debt.

    But Norman, it is an opportunity cost thing. Those premiums are going to something totally useless, instead of into the pockets of the MIC, where ALL taxes should go!

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