hocket dad:
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It gives the unfunded SS liability at 14 trillion, the unfunded prescription drug liability at 19 trillion and the unfunded medicare liability at 76 trillion. I have never heard of anybody overestimating government costs in long term, they tend to greatly greatly underestimate them.
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Weren't you worried at one time of the 800 billion we borrowed from china? Seems like chump change don't it?
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You need to accept the fact that Bush and his Republican controlled congress screwed us real hard when they signed that prescription drug benefit into law.
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You're right. Just because your old doesn't me you get free drugs. For that matter an SS check and free medical care. However, for one, the Dems wanted the program to be twice as big. Thet got it now with Obama closing the so called donut hole. Second, Bush was the first to actually bring a government program in under budget because they used market forces.
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Nothing Clinton passed was nearly as bad as that.
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Where have you been lately? Clinton was one of the main players in bringing us the Housing crisis that has now cost us trillions.
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That is best accomplished by a Republican congress and a Democratic president.
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No, that's not required. What is is the repeal of the 17th amendment. Senators need to be appointed by the state leglistatures. Not elected by the people. They aren't in DC to represent us. They are there to only represent the interest of the states. Read the Federalist papers. Madison warned about having both houses elected by the same method over 200 years ago.
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The damage that Clinton, Bush Sr, Bush Jr and Obama have incurred on America due to the export of high paying manufacturing and engineering has to be shared equally amongst them because their policy has been identical in that regard (in lockstep with Congress). This is something that is reversible.
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You have no idea what your talking about. Engineering has gone global because the market place has gone global. You now have 24 hour R&D going on. Our country can't supply the needed engineers for the market place because our public schools are failing our kids. My company currently has 50 engineering positions open today they can't fill and they are offering us employees 5k to 10k in referal fees. You would think in today's economy I could find an engineer to refer and collect that money. Second, we only recently lost the top spot as the worlds manufacture. There are several factors in this. One, we aren't growing in our economy and have policies in place, SS, Medicare and regulations that will keep it status quo. China and India are going to be the hot spots of growth. Why build something here only to ship it over there? It would have to be something very high tech except they are turning out way more engineers than we are today. Second, outsourcing isn't the reason for job lost in manufacturing. It's automation. It's automation that allows workers to be more productive and therefore earn higher wages. Should we outlaw robots? Since the 50's, jobs in manufacturing has been going down while output has been increasing. Think about it. Manufacturing has been increasing since that time at 4% per decade, not shrinking. So you want to end the imports don't you? Tell me how increasing the cost of items on the shelf is going to help you?
