Posted by: rotenochsen | July 26, 2007

20-30 YEAR OLD VOTER VOTE DEMOCRAT AT YOUR OWN PERIL!

Why Younger Voters Should Not Vote Democrat




The Social Security system is primarily a pay-as-you-go system, meaning that payments to current retirees come from current payments into the system. In the early 1980s, however, expenditures were expected to exceed the revenues in the immediate future. In addition to fixing the short-term problem with tax increases, the Commission headed by Alan Greenspan took the projections which indicated that the eventual retirement of the numerous members of the post-World War II baby boom would cause expenses to exceed revenues. Accordingly, the Social Security tax was increased in 1983 so that it would be greater than necessary to pay for current expenditures, thus accumulating a reserve that could be drawn upon when necessary. The surplus is accounted for in the Social Security Trust Fund. As of the end of calendar year 2004, the accumulated surplus stood at approximately $1.7 trillion. [1] Projections are that current receipts will continue to exceed expenditures until 2018 or 2019. Thereafter, there will be a shortfall that will be made up by withdrawals from the Trust Fund, although the Trust Fund will continue to show net growth until 2025 because of the interest generated by its bonds. [2] The Trust Fund will gradually be drawn upon to cover the difference between tax receipts and benefit payments. It will be completely depleted by 2042 (according to the Social Security Administration) or 2052 (according to the Congressional Budget Office).
Social Security Trust Fund balances are available to finance future benefit payments and other Trust Fund expenditures – but only in a bookkeeping sense…. They do not consist of real economic assets that can be drawn down in the future to fund benefits. Instead, they are claims on the Treasury that, when redeemed, will have to be financed by raising taxes, borrowing from the public, or reducing benefits or other expenditures. The existence of large Trust Fund balances, therefore, does not, by itself, have any impact on the Government’s ability to pay benefits. (from FY 2000 Budget, Analytical Perspectives, p. 337)

The Democrat candidates all advocate more programs as “plums” for those who are dumb enough to vote for them, and for those whose hand is always out for something someone else has earned. But more programs require not only more taxes, but more government employees to run the program. For this reason the Democrat solution is to repeal tax brakes that have revived the economic health of this country.
The liberal leaning Wikapedia describes the way to avert fiscal disaster in the social security program thus: “Fiscal policies made today will impact the government’s ability to make good on its debt to Social Security. For example, according to some calculations, reversing the 2001 and 2003 tax cuts would more than suffice to redeem all of Social Security’s assets (CBPP, Brookings).”

For all the 20-30 year olds who look at the smiling faces of the Democrats running for the Oval Office. They should consider this thought. Fifty years from now when they reach retirement age in the year 2070 and maybe as early as 2050 the Medicare health program that is so important to a senior citizen will be unfunded by 40 trillion dollars! This is based on present day costs of government. No telling how fast the underfunding will occur if Obama, Hillary or Edwards gets elected.

Just remember there is no free lunch except at the Salvation Army soup kitchens! All the smiling liberal platitudes disgorged by the candidates with their 400 dollar hair cuts and designer clothes, can’t disguise the fact that for them to “give” all the programs they propose they will have to raise taxes severely. We could be looking at a tax rate of 60% of earned income for the vanishing middle class if these power happy socialists gain the White House and the Congress.

This is a fight for the personal freedom of Americans, and surrender is not an option! Young voters wake up!

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Responses

  1. These phony politicians have been selling snake oil to the dumbed down voters for years.Today’s slick shell game connivers are presenting the same swindles that politicians used over 150 years ago,and these con artists are proposing solving problems that American taxpayers have previously been bilked out of Billions of tax dollars.For Democrats,it is a Deja Vu presentation of the same previously failed ideas each election with promises of everything from “free”medical care, improved schools,increased wages,increased jobs(government jobs at more taxpayer expense),help for the minorities,etc.They wastefully spend billions of dollars to further bloat an already obscenely oversized government bureaucracy of agencies almost too numerous to count.These pompous dandies with their brash aloofness and failed fiscal responsibility still have the chutzpah(polite way of saying audacity) to go on a left wing owned television network station and give their “sermon on the mount” as to how they are going to do such and such for the good of all Americans when,in fact,they are destroying this country with their wasteful,bankrupting programs that show little,if any benefit to anyone but themselves.A debacle of electing these pacifist, tax and spend liberal Democrats is asking for a Marxist type America with a Nanny Government controlling the few remaing freedoms that gradually but surely are being taken away by these social engineers who think they have been given the magic wand which makes them better qualified to run all facets of our lives.I have yet to hear what most Americans really want to hear.A true American Patriot to stand up and say, if elected,he or she will maintain a strong military defense for this country with the doing away of the terrorists posing any threat to this country.Not one word on a positive note has come out of the mouths of any Democratic candidate regarding a strong and secure defense of this country.
    —– Original Message —–
    An email to this blogger from Wbzmdfwn


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