Forum Groups

 

Forums / Politics / Budget and Deficit

Budget and Deficit

17 posts
  1. Samuel Leatherberry
    Samuel Leatherberry avatar
    0 posts
    2/14/2012 4:02 PM
    How can our elected leaders continue to propose budgets that are completely unsustainable? BOTH Parties. Even if we taxed the "evil" rich it would not make a dent. How about a balanced budget amendment? STOP SPENDING. We need to address entitlements now before we end up like Greece and we have to take away what has been promised to people. Don't change Medicare and SS for people over 55, but lets come up with a plan to make it workable in the future for people younger than 55. This gives them time to plan. Any thoughts?



  2. Melvin Waldron
    Melvin Waldron avatar
    43 posts
    2/14/2012 8:02 PM
    I agree with you Sam, the problem is neither side wants to work together because I think they are worried about getting reelected. Their only goal is to defeat the other side. We need to start holding them more responsible.

    Mel

    Melvin H. Waldron III, CGCS, Horton Smith Golf Course, City of Springfield/Greene County MO

  3. Ronald Kirkman
    Ronald Kirkman avatar
    42 posts
    2/14/2012 9:02 PM
    Gentlemen;

    The "EVIL RICH" - 1% pay 38% of all federal taxes and this is not enough to sustain what President Obama wants to spend. When you really think about it - it is mind boggling.

    Capt Kirk



  4. Bowden Max
    Bowden Max avatar
    2/15/2012 7:02 AM
    I say don't change medicare and SS for people over age 52, not 55. And, therein lies the problem.
    MM



  5. Melvin Waldron
    Melvin Waldron avatar
    43 posts
    2/15/2012 8:02 AM
    Max Bowden said: I say don't change medicare and SS for people over age 52, not 55. And, therein lies the problem.
    MM


    Max, your right except I say 51, although by the time they figure it out, 52 will be ok. I wonder if a graduated scale of some sort would work....these guys should be smart enough to figure it out?

    Mel

    Melvin H. Waldron III, CGCS, Horton Smith Golf Course, City of Springfield/Greene County MO

  6. Jon Gansen
    Jon Gansen avatar
    1 posts
    2/15/2012 8:02 AM
    We have patterned ourselves after European countries. Medicare and SS isnt as big of a problem as the Obama care will be. Now with the payroll tax cut, what will replace that deficit. Somethings gotta give its almost like we are numb to the TRILLION no big deal any more. Whats another trillion.



  7. McCallum David K
    McCallum David K avatar
    2/16/2012 7:02 AM
    60 is a good number........change whatever you want below that............sound good to you Capt K, Sandy?



  8. James Schmid
    James Schmid avatar
    1 posts
    2/16/2012 9:02 AM
    David McCallum said: 60 is a good number........change whatever you want below that............sound good to you Capt K, Sandy?


    Thats right! they should take away social security from anyone over 60. Theyre the ones who got us into this mess in the first place. That way there wil be enough money left for the rest of us.



  9. Ronald Kirkman
    Ronald Kirkman avatar
    42 posts
    2/16/2012 1:02 PM
    Yikes! The Government is bad enough in most cases and now the superintendents want to take away my social security checks. Don't know how us old people caused the problems with the good ole USA Government - my name ain't Obama! Come on aboard Sarah Palin - we need you..

    Capt. Kirk
    Retired Alien
    Needham Golf Club
    Needham, MA



  10. Sandy Clark
    Sandy Clark avatar
    0 posts
    2/16/2012 2:02 PM
    My wife is going to go on Medicare and I will take her off my work policy. She just hit that magic 65 number this week. Since she has her own bookkeeping business but has coverage through my work policy, it is more economical for her to go the Medicare route. Depending on what surprises I see with out open enrollment and changes to my health plan, I may go the same route! I go along with David's 60 idea. You young guys can go fend for yourselves. You have tons of time!!!



  11. Melvin Waldron
    Melvin Waldron avatar
    43 posts
    2/16/2012 3:02 PM
    That's what we are hoping Sandy, that is as long as we can keep our jobs and our health insurance.

    Mel

    Melvin H. Waldron III, CGCS, Horton Smith Golf Course, City of Springfield/Greene County MO

  12. McCallum David K
    McCallum David K avatar
    2/20/2012 9:02 AM
    James how exactly did those above 60 get us into the mess we currently find ourselves? Have no idea how long you have paid into the system but for me my first payment into the system began in the 60's. I think I have paid my share into the system after nearly 50 years to begin to recoup some of those payroll deductions. Yes the baby boomers are beginning to collect on their investment......unfortunately there are far to few that are willing to work any longer to contribute their fair share into SS. If my employer and my health allow I plan on working well past the time I can legally begin to collect on it........and many say that is a mistake but I prefer to work than retire.



  13. Keith Fellenstein
    Keith Fellenstein avatar
    0 posts
    2/20/2012 10:02 AM
    Sandy Clark, CGCS said: My wife is going to go on Medicare and I will take her off my work policy. She just hit that magic 65 number this week. Since she has her own bookkeeping business but has coverage through my work policy, it is more economical for her to go the Medicare route. Depending on what surprises I see with out open enrollment and changes to my health plan, I may go the same route! I go along with David's 60 idea. You young guys can go fend for yourselves. You have tons of time!!!


    Suits me just fine...simply refund everything I've paid into the broken system up until now (i'll even be kind and forego the interest) and keep uncle Sam's hand out of my pocket. Let me fend for myself. I like my chances alone better than counting on Sam to take care of me now or later.



  14. Wallace Jeffrey V
    Wallace Jeffrey V avatar
    2/20/2012 10:02 AM
    Keith Fellenstein said:
    Sandy Clark, CGCS said: My wife is going to go on Medicare and I will take her off my work policy. She just hit that magic 65 number this week. Since she has her own bookkeeping business but has coverage through my work policy, it is more economical for her to go the Medicare route. Depending on what surprises I see with out open enrollment and changes to my health plan, I may go the same route! I go along with David's 60 idea. You young guys can go fend for yourselves. You have tons of time!!!


    Suits me just fine...simply refund everything I've paid into the broken system up until now (i'll even be kind and forego the interest) and keep uncle Sam's hand out of my pocket. Let me fend for myself. I like my chances alone better than counting on Sam to take care of me now or later.


    I've said exactly that before, except the interest part. I want my interest! I don't care if it's 2%. I've been paying in since I was 16. So that was like, 135 years ago. Every penny helps.



  15. James Schmid
    James Schmid avatar
    1 posts
    2/20/2012 10:02 AM
    David McCallum said: James how exactly did those above 60 get us into the mess we currently find ourselves? Have no idea how long you have paid into the system but for me my first payment into the system began in the 60's. I think I have paid my share into the system after nearly 50 years to begin to recoup some of those payroll deductions. Yes the baby boomers are beginning to collect on their investment......unfortunately there are far to few that are willing to work any longer to contribute their fair share into SS. If my employer and my health allow I plan on working well past the time I can legally begin to collect on it........and many say that is a mistake but I prefer to work than retire.


    The older one is, the longer one has been a member of the electorate in this country. The electorate chooses the people who will run the government. These problems haven't presented themselves overnight, they have been a long time coming. Therefore the older generations, whom have been running the show for the last 30 to 40 years are more to blame for the dysfunctionality of the system, than those who have had a relatively short period of time in which to choose leaders to run these programs.



  16. Sean Hoolehan
    Sean Hoolehan avatar
    0 posts
    2/21/2012 7:02 AM
    Ronald Kirkman said: Gentlemen;

    The "EVIL RICH" - 1% pay 38% of all federal taxes and this is not enough to sustain what President Obama wants to spend. When you really think about it - it is mind boggling.

    Capt Kirk


    Capt,
    Actually when looking at it from your mind boggling statistics it makes sense. It is a lot easier to collect more taxes from 1% of the population than from 99%, and will have a greater impact. Not that I am for it since i am more sinister than average and don't trust the government with [u">your[/u"> money.



  17. McCallum David K
    McCallum David K avatar
    2/21/2012 9:02 AM
    I agree with Keith and Jeff, just give me my total contributions back and with my 401K and investments see if I can feed and house myself until Uncle Sam buries me. I'll roll the dice that I can.



View or change your forums profile here.