mikeyx
Banned
- Joined
- Oct 29, 2007
- Messages
- 3,568
we have agreed twice in a day...wow.
that is a scarey trend idn'it?
we have agreed twice in a day...wow.
Their lack of response speaks volumes.
It mostly says that I don't know (or care) who Frank Flemming is.Like I said, that confusion says more about you than about Frank Flemming.
It's amazing how this reinforces your preconceived notions of me, huh?That's the thing: it's not Poe. You confuse it for an example of Poe because it matches your conception of conservatives, but it's actually quite obvious as parody for those who haven't constructed crude caricatures as their working model for their opponents. In fact, the real parody isn't even of conservatives, the real parody is of the conception that people like you have about conservatives.
Their lack of response speaks volumes.
You mean Obama wants to underfund Social Security?
As for parody, have you seen the garbage people will put into blogs, be they liberal or conservative? There is no rhyme nor reason for some of it. As I have no frame of reference for Frank Flemming (still don't), a right-wing blogger on a right-wing site saying crazy right-wing things with no clear indication of the author's intent at parody is the very definition of Poe's law.
Regardless of whether or not the article you cited was parody, it had no actual substance to it and doesn't really further the conversation.
(What were you yelling at Travis in another thread about poisoning the well?) You've actually managed to derail it a bit.
So Brainster was wrong?
I don't recall that millionaire surcharge in the last round of payroll tax cuts. Is it new? Do you think it has a chance in hell of being passed?
I don't recall that millionaire surcharge in the last round of payroll tax cuts. Is it new? Do you think it has a chance in hell of being passed?
So Brainster was wrong?
The, "So Obama wants to underfund Social Security?" I dunno. Does Obama think this proposal has a chance in hell of passing? If so, then probably not. But Obama isn't an idiot. This is a political card that has little chance of passing, but he gets big points just by playing it.
The real question is, "Is Obama a politician?" And I think the answer to that question is a big "yes".
The current payroll tax cut also moves funds from the general fund to offset the loss to SSI. Again, yes or no? This line of attack is false, right? Come on. You know this evasion is unbecoming.
What evasion? I'm trying to understand the situation. If the current tax cut doesn't reduce the funds coming into social security, even if it reduces the rate, then obviously no. Duh. This is the first time that I've even heard that the social security trust fund is currently receiving money from the general fund to make up for the payroll tax cut.
This is my point! The criticism from Brainster was based on a lie, and it's one the GOP is using to spread FUD about the issue. How can we discuss the issue if we are too busy lying about it to assess the facts?
Is it based on a lie or based on something that wasn't even talked about? If I never knew that the general fund was filling in the gap then how was Brainster supposed to know?
Incidentally, I still haven't seen anything from a source other than left-wing blogs that show that this is true.
In other words, the Social Security trust funds would be made whole.
"We estimate that the projected level of the [program's Old Age and Disability] trust funds would be unaffected," Social Security Chief Actuary Stephen Goss wrote in a letter this week to Treasury Secretary Timothy Geithner and White House budget director Jacob Lew.
Billionaires with 1% tax rates
Senate Democrats want to extend the payroll tax cut into 2012 and expand it so that workers would only pay 3.1% of their first $110,100 in wages into Social Security, down from 4.2% today and well below the 6.2% normal rate. Senate Republicans have simply proposed extending the 4.2% rate.
Either way, the same revenue-transfer principle would apply.
Here's CNN, since Google apparently only works from my house.
http://money.cnn.com/2011/12/08/news/economy/Social_Security_payroll_tax_cut/index.htm
Just wanted to say thanks. I have to admit I didn't understand at first and I'm grateful to your patient explanations. That's why I love this forum.I posted a link to the text of the proposed law. What more could you possibly need? Look, the current law has a provision to transfer funds from the general to the SSI fund. This is not paid for and so creates debt. Usually, GOP dogma says that all tax cuts pay for themselves. They certainly are not demanding the extension of the Bush tax cuts be paid for. But in this case, they are. In this case, the tax cut does not magically pay for itself. In this one case, the tax cut must be paid for. The Democrats are proposing a surtax on millionaires. The GOP is countering with a proposed cut in UI extensions, and a pay freeze on federal employees. Both proposals will transfer funds to SSI to offset the loss in revenue. I posted two articles and the actual text of the law to confirm this.
The GOP is also lying about the effect on SSI in order to scare people into not supporting a tax cut for themselves and protecting a tax cut for millionaires.
We should seriously consider moving on to discussing the merits of the proposals instead of pretending like some alternate reality exists.
Great, an article from December 2011. That totally addresses why I hadn't heard about this in the past year.
The White House has redefined this as the payroll tax deduction. It's not the payroll tax deduction — it's contributions to Social Security. And when the American people hear that we have legislation moving forward to cut contributions to Social Security and drive the trust fund into the red, I think opposition would be fairly overwhelming.