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For DU members, the answer is almost certainly "yes". (Original Post) Scuba Nov 2013 OP
Yeah, to the tune of $2.7 trillion. nt bluedeathray Nov 2013 #1
No worries...get rid of the debt... Sancho Nov 2013 #2
Great start! daleanime Nov 2013 #7
They could start by selling off the hundreds of military golf courses around the world. Enthusiast Nov 2013 #26
But how does that make filthy rich people richer, which is the most important valerief Nov 2013 #46
k/r marmar Nov 2013 #3
There are DUers who propagate the far right myth that SS is insolvent and must be cut Doctor_J Nov 2013 #4
Conservative democrats...small contingent BUT NorthCarolina Nov 2013 #5
I wouldn't say they're that small DissidentVoice Nov 2013 #8
You're confusing numbers of People with numbers of dollars. Scuba Nov 2013 #9
Standing on a wallet can make someone look much larger than life n/t Fumesucker Nov 2013 #29
Well, the conservadems are entitled to their opinions...but not to their facts Doctor_J Nov 2013 #21
It's the same group that approves insurance mandates? What a crock. pnwmom Nov 2013 #23
They favor the TPP too. Enthusiast Nov 2013 #27
Yes, there are a few DUers who support the Chained CPI, the deceptive attempt sabrina 1 Nov 2013 #44
yes and the Social Security has done a lousy job of getting it out. gopiscrap Nov 2013 #6
Almost 3 trillion in intragovernmental debt. AtheistCrusader Nov 2013 #10
K&R stage left Nov 2013 #11
You're welcome. And a (slightly belated) welcome to DU too!! Scuba Nov 2013 #12
Thanks stage left Nov 2013 #16
Welcome to DU stage left!!! blue14u Nov 2013 #40
Thanks, blue14u stage left Nov 2013 #45
Somehow someone needs to stop the raiding of the SS treasure chest Packerowner740 Nov 2013 #13
kinda silly hfojvt Nov 2013 #14
Not entirely. Some of the federal goverment is funded by corporations and stock owners. Scuba Nov 2013 #15
K & R. dchill Nov 2013 #17
This President explained that clearly. bvar22 Nov 2013 #18
+ Eighty Gazillion Scuba Nov 2013 #19
that clip should be replayed over and over... druidity33 Nov 2013 #34
Did you know that Republicans who claim the Social Security fund is "filled with IOUs",... Spitfire of ATJ Nov 2013 #20
Time to shut down the corporate thieves in both parties. nt woo me with science Nov 2013 #22
Kicked and recommended. Uncle Joe Nov 2013 #24
I think that even most thick-headed LibDemAlways Nov 2013 #25
China!!!!! angrychair Nov 2013 #28
The graphic in the OP is not entirely accurate. Jenoch Nov 2013 #30
good catch Divine Discontent Nov 2013 #33
Well, we do have to make a critical budget policy choice with respect to SS. Warren Stupidity Nov 2013 #31
these kind of posts Divine Discontent Nov 2013 #32
It often surprises me how conservatives hate Obama's "socialized medicine"plan ... spin Nov 2013 #35
There are two kinds of government debt. cheapdate Nov 2013 #36
Actually, most of those discussing the debt work hard to conflate the two. Scuba Nov 2013 #37
Yes, there are many tricks and outright falsehoods that are used to confuse the discussion. cheapdate Nov 2013 #38
Once again, Scuba, K & R! mother earth Nov 2013 #39
HUGE K & R !!! - Thank You !!! WillyT Nov 2013 #41
Not only does the federal government not fund SS, but Curmudgeoness Nov 2013 #42
They only thing we should allow them to do to SS is increase funding to it. You are absolutely liberal_at_heart Nov 2013 #43

Sancho

(9,070 posts)
2. No worries...get rid of the debt...
Mon Nov 4, 2013, 10:04 AM
Nov 2013

cut the military and spy budget in half and raise tax rates on the rich/corporations to mid-20th century rates!!!

Things will be fine in less than 10 years!

Meanwhile, let's extend medicare downward to ALL people as an option on the ACA!!

Enthusiast

(50,983 posts)
26. They could start by selling off the hundreds of military golf courses around the world.
Mon Nov 4, 2013, 04:02 PM
Nov 2013

Seriously.

valerief

(53,235 posts)
46. But how does that make filthy rich people richer, which is the most important
Tue Nov 5, 2013, 08:19 AM
Nov 2013

thing in the entire universe?

 

Doctor_J

(36,392 posts)
4. There are DUers who propagate the far right myth that SS is insolvent and must be cut
Mon Nov 4, 2013, 11:34 AM
Nov 2013

It's the same group that approves of torture, intervention in Syria, insurance mandates, and other things they were against until 2009. They are pretty small though.

DissidentVoice

(813 posts)
8. I wouldn't say they're that small
Mon Nov 4, 2013, 11:52 AM
Nov 2013

After all, the DLC philosophy has produced our last two Democratic Presidents.

You are right, unfortunately, that they DO call the shots.

 

Doctor_J

(36,392 posts)
21. Well, the conservadems are entitled to their opinions...but not to their facts
Mon Nov 4, 2013, 02:09 PM
Nov 2013

If they want to believe abortion should be outlawed or that gay marriage will ruin the country, that's revolting but can be justified. SS in not insolvent, so if they say that they're lying or wrong.

pnwmom

(108,980 posts)
23. It's the same group that approves insurance mandates? What a crock.
Mon Nov 4, 2013, 02:51 PM
Nov 2013

We couldn't get Medicare for all, single payer, or even a public option through Congress. The ACA was the most progressive plan we could get through -- with a large expansion of Medicaid and subsidies for the majority of people -- and it wouldn't be workable without a mandate. NY State already tried that and it didn't work. With the onset of Obamacare, their rates are going down 50%.

People who support the mandate aren't on the right. They're realistic people who would rather take a big step forward than remain stuck in the mud.



sabrina 1

(62,325 posts)
44. Yes, there are a few DUers who support the Chained CPI, the deceptive attempt
Tue Nov 5, 2013, 12:28 AM
Nov 2013

to authorize the Government, who have zero right btw, since that fund belongs to the American people, to cut SS benefits for the poorest and most vulnerable Americans.

I have met them and wonder why they are here since SS is the cornerstone of the Democratic Party.

The contorted arguments to try to tie SS to the Deficit would be fascinating to watch if they were not serious.

Any Dem who votes for the Chained CPI, is NOT a Dem imo. They are Heritage Foundation trolls in the Dem Party.

AtheistCrusader

(33,982 posts)
10. Almost 3 trillion in intragovernmental debt.
Mon Nov 4, 2013, 12:03 PM
Nov 2013

The people didn't borrow against it. The Congress did. And they have to pay it back.
Problem is, we have to pay it back via taxes to the federal government, which must then in turn pay back SS.


This was what Al Gore's 'lock box' was intended to prevent, and nobody 'got it'. Now the only 'insolvency' related to SS is the possibility that the Federal Government might fail to pay it back, for instance, in a debt ceiling shenanigan fest.


Social security isn't a freebie, or a free rider. That's OUR money, taken directly from our paychecks, and put into an insurance system that was NEVER intended to be borrowed against.

"And now they're coming for your Social Security money. They want your fucking retirement money, they want it back, so they can give to their criminal friends on Wall Street. And you know something? They'll get it. They'll get it all from you sooner or later."

stage left

(2,964 posts)
11. K&R
Mon Nov 4, 2013, 12:05 PM
Nov 2013

Thanks so much Scuba for sharing this. This is a terrific graphic that everyone should see and understand.

Packerowner740

(676 posts)
13. Somehow someone needs to stop the raiding of the SS treasure chest
Mon Nov 4, 2013, 12:09 PM
Nov 2013

You never hear anyone talk about that though, only about doing away with SS.

hfojvt

(37,573 posts)
14. kinda silly
Mon Nov 4, 2013, 12:13 PM
Nov 2013

After all, this "Federal Government" thingy is ALSO

funded by American workers.

Or what, do they fund the rest of the budget by selling candy corn to the EU?

Of course, when it comes to "Did you know?" then I might ask this -

Did you know?

The bottom 40% of workers would be BETTER OFF if Social Security WAS funded by progressive income taxes instead of by regressive payroll taxes on wages.

 

Scuba

(53,475 posts)
15. Not entirely. Some of the federal goverment is funded by corporations and stock owners.
Mon Nov 4, 2013, 12:19 PM
Nov 2013

Only payroll taxes would fall under the "American workers" umbrella.

bvar22

(39,909 posts)
18. This President explained that clearly.
Mon Nov 4, 2013, 01:51 PM
Nov 2013
#t=26

Is an unambiguous statement like this too much to expect from a Democratic President?

Why are cuts to Social Security On-the-Table in "Budget Negotiations"?

druidity33

(6,446 posts)
34. that clip should be replayed over and over...
Mon Nov 4, 2013, 07:37 PM
Nov 2013

and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over..........


truly...


over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over....




 

Spitfire of ATJ

(32,723 posts)
20. Did you know that Republicans who claim the Social Security fund is "filled with IOUs",...
Mon Nov 4, 2013, 02:04 PM
Nov 2013

...are talking about U. S. Treasury Bonds?

These bonds are traded daily on the bond market for long term investment.

The Bond Market is a RIVAL to the Stock Market.

Republicans want investors to believe those Treasury Bonds could become worthless so there is a big incentive for Republicans to run up the debt and talk about "Out of control spending in Washington" and throw out doomsday predictions about the fiscal failure of the United States. Republicans want investors to believe those Treasury Bonds could become worthless and to move their money into the safety and security of,...the Stock Market.

I know....

LibDemAlways

(15,139 posts)
25. I think that even most thick-headed
Mon Nov 4, 2013, 03:23 PM
Nov 2013

people who vote R understand this. I know my elderly aunt who is a die-hard FAUX viewer doesn't want anyone messing with her SS, because, as she will tell you, she earned it. Only the wealthy politicians and 1%ers who'll never need it are in favor of cutting it.

 

Warren Stupidity

(48,181 posts)
31. Well, we do have to make a critical budget policy choice with respect to SS.
Mon Nov 4, 2013, 05:39 PM
Nov 2013

We can keep in place the gigantic tax cuts given to billionaires over the last 30 years, or we can pay back the SS bonds held by the government in trust for future retirees. We cannot do both.

Given that this government is owned by the people who will suffer the outrage of a restoration of their tax rates to pre-Reagan levels, how this issue will be decided, absent a fundamental re-alignment of our government, is clear.

There is probably a third choice where taxes are raised on working people instead of the fucking filthy rich, that is also an interesting option for our owners.

Divine Discontent

(21,056 posts)
32. these kind of posts
Mon Nov 4, 2013, 05:43 PM
Nov 2013

give me hope that most people on DU are liberal. we know there's a few percentage that aren't, but this and that other pic about where tax money goes are great! thank you!



Get it here -> http://www.zazzle.com/youre_not_in_the_1_why_vote_like_you_are_bumpe_bumper_sticker-128479630785214922?rf=238107662556833486

spin

(17,493 posts)
35. It often surprises me how conservatives hate Obama's "socialized medicine"plan ...
Mon Nov 4, 2013, 07:44 PM
Nov 2013

but those who are retired really appreciate Social Security and Medicare.

There does seem to be a bit of a disconnect in that viewpoint.

cheapdate

(3,811 posts)
36. There are two kinds of government debt.
Mon Nov 4, 2013, 07:45 PM
Nov 2013

There's public debt, which is owed to holders of government notes, and intergovernmental debt, which is owed by the government to itself.

Most ordinary discussions of "America's debt" refer to the first kind -- our public debt.

cheapdate

(3,811 posts)
38. Yes, there are many tricks and outright falsehoods that are used to confuse the discussion.
Mon Nov 4, 2013, 07:56 PM
Nov 2013

It would be comforting to believe that intelligent and reasonable people with a sound understanding of the situation are in charge, but they're not.

Curmudgeoness

(18,219 posts)
42. Not only does the federal government not fund SS, but
Mon Nov 4, 2013, 09:54 PM
Nov 2013

most of us have been paying an additional amount into SS to insure that we have enough money to finance OUR retirement as well as the people who were getting the benefits at the time.

liberal_at_heart

(12,081 posts)
43. They only thing we should allow them to do to SS is increase funding to it. You are absolutely
Tue Nov 5, 2013, 12:19 AM
Nov 2013

correct when you say the government owes money to SS. Increase funding to SS. Cuts are not acceptable.

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