Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.
Deficits Don't Matter... again
Comments
-
If a business does it properly and they have the right assumptions. The cost on day 1 isn't that different than a 401k. The problem is, no one manages it and it becomes severally underfunded and once you get there, you can't come back unless you perpetually grow at huge rates. Couple that with the fact that businesses used shitty assumptions, including average lifespan, it it's a sister waiting to happen.SFGbob said:
Sweet Geezus, because the money it takes to fully fund a pension program grows on trees and isn't a burden for any private company to come up with.
There's a reason why the only people who still have pension plans are all government employees.
401K has been a great deal for me and my only regret is that I didn't start it when I first got out of college. Now imagine if my 401K also included every dollar that's been taken from me and my employers since I first started working. Hell, I'd already be retired.
The government pension is essentially a Ponzi scheme, with current revenues funding current retirees. -
I dunno, I'm just slumming today because of the actual rape of a supreme court nominee.
Ducks love rape. -
Yeah but the lower pay argument has kind of gone by the boards. For some positions yes, but for most positions that no longer applies. Government employees on average are now better paid than private sector employees.AZDuck said:
Agreed. And of course, that used to be a benefit of working for a larger corporation rather than a smaller firm. Also too, part of the reason qualified individuals take positions with the government rather than private industry is that they are willing to accept lower pay in exchange for better benefits. -
Anyone who gets paid less in the public sector than the government sucks at life.SFGbob said:
Yeah but the lower pay argument has kind of gone by the boards. For some positions yes, but for most positions that no longer applies. Government employees on average are now better paid than private sector employees. -
DoJ is paying AUSAs like 65k their first year. I mean, obviously there's other benefits (connections, access to federal judiciary) but that paycheck blows. I'm in my 12th year as a JAG and I make probably 3/4 of my law school peers (with *much* more litigation experience), and I have to move to shitholes and get shot at. I would say you might be right at the senior levels, but most folks in the GS grades aren't exactly getting rich.SFGbob said:
Yeah but the lower pay argument has kind of gone by the boards. For some positions yes, but for most positions that no longer applies. Government employees on average are now better paid than private sector employees. -
Call me when trump tops 10 trillion. Minus interest on Obunghole's expenditures of course.2001400ex said:
Except there's identifiable actions by Trump and Congress to increase expenditures and reduce revenues. -
Can we talk at $5 trillion in 4 years?Sledog said:
Call me when trump tops 10 trillion. Minus interest on Obunghole's expenditures of course.
If you want to minus interest. Ok, done. Now minus Medicare part D, reduction in revenues from the recession, TARP, and 2 wars from Obama. Ok sugar bear? -
Obama voted for TARP, why wouldn't he be responsible for the cost of it? I don't believe he was in the Senate when they passed Medicare part D but if he was there's no way he voted against it. And remember one of those wars was the war Obama and the Rats said they were just itching to kick ass in after Bush took his eye off the ball. So really you can minus one war.2001400ex said:
Can we talk at $5 trillion in 4 years?
If you want to minus interest. Ok, done. Now minus Medicare part D, reduction in revenues from the recession, TARP, and 2 wars from Obama. Ok sugar bear? -
Cool. Take off what $4 trillion from Obama then?SFGbob said:
Obama voted for TARP, why wouldn't he be responsible for the cost of it? I don't believe he was in the Senate when they passed Medicare part D but if he was there's no way he voted against it. And remember one of those wars was the war Obama and the Rats said they were just itching to kick ass in after Bush took his eye off the ball. So really you can minus one war. -
Well his VP and two of his Secretaries of State voted for it, so 3/4 of that is still on him.2001400ex said:
Cool. Take off what $4 trillion from Obama then? -
Obama spent it it's his. Since interest is now a major player in the budget lets minus Obingo's outrageous bill.2001400ex said:
Can we talk at $5 trillion in 4 years?
If you want to minus interest. Ok, done. Now minus Medicare part D, reduction in revenues from the recession, TARP, and 2 wars from Obama. Ok sugar bear? -
Do one thing for me. Ok? Admit that the last 2 years, Republicans control Congress and the presidency and turned a $600 billion deficit to more than $1 trillion. Ready to do that?SFGbob said:
Well his VP and two of his Secretaries of State voted for it, so 3/4 of that is still on him. -
Hondo, unlike you I'm not a Kunt. I don't have a problem answering questions and admitting obvious facts. The deficit has increased since Trump has took office, It's one of the problems I had with Trump from the very beginning. They have done nothing to address the entitlement issues that are swamping our budget.2001400ex said:
Do one thing for me. Ok? Admit that the last 2 years, Republicans control Congress and the presidency and turned a $600 billion deficit to more than $1 trillion. Ready to do that?
I'm all in on cutting spending in order to bring the budget into balance and when I asked you the last time we had this discussion where you'd cut in order to balance the budget you ran away and hid. -
Look at that. You did it. And now we are having a conversation. Why only entitlements? I mean I'm fine for some entitlement reform. Don't you think we can find waste and abuse in the military too? I think the new budget is over $700 billion (off the top of my head but I'm sure I'm directionally close). Do you think we can go through the military budget and find shit we don't need to spend money on?SFGbob said:
Hondo, unlike you I'm not a Kunt. I don't have a problem answering questions and admitting obvious facts. The deficit has increased since Trump has took office, It's one of the problems I had with Trump from the very beginning. They have done nothing to address the entitlement issues that are swamping our budget.
I'm all in on cutting spending in order to bring the budget into balance and when I asked you the last time we had this discussion where you'd cut in order to balance the budget you ran away and hid. -
Hondo, I don't dodge questions. That's your game. I'm certain that we could find some waste in the Pentagon budget. It's a fucking Government run organization, of course there is waste. I've already stated for you a couple of times now why I'd start with entitlement cuts, If we still need more saving we can then look a the Military.2001400ex said:
Look at that. You did it. And now we are having a conversation. Why only entitlements? I mean I'm fine for some entitlement reform. Don't you think we can find waste and abuse in the military too? I think the new budget is over $700 billion (off the top of my head but I'm sure I'm directionally close). Do you think we can go through the military budget and find shit we don't need to spend money on? -
That's not how it works. It's not "we'll cut the shit I want to cut but fuck I won't touch the military". If you want to balance the budget, everyone needs to feel it.SFGbob said:
Hondo, I don't dodge questions. That's your game. I'm certain that we could find some waste in the Pentagon budget. It's a fucking Government run organization, of course there is waste. I've already stated for you a couple of times now why I'd start with entitlement cuts, If we still need more saving we can then look a the Military.
Ok that being said. Another question. Trump and Republicans control Congress. Why do you think they haven't put forth meaningful cuts in spending. Specifically why haven't they cut entitlements? -
Because you whining about it is fun2001400ex said:
That's not how it works. It's not "we'll cut the shit I want to cut but fuck I won't touch the military". If you want to balance the budget, everyone needs to feel it.
Ok that being said. Another question. Trump and Republicans control Congress. Why do you think they haven't put forth meaningful cuts in spending. Specifically why haven't they cut entitlements? -
Fine welfare and section 8 are over. Budget balanced.2001400ex said:
That's not how it works. It's not "we'll cut the shit I want to cut but fuck I won't touch the military". If you want to balance the budget, everyone needs to feel it.
Ok that being said. Another question. Trump and Republicans control Congress. Why do you think they haven't put forth meaningful cuts in spending. Specifically why haven't they cut entitlements? -
That's like $100 billion. Where's the other $900 billion coming from?Sledog said:
Fine welfare and section 8 are over. Budget balanced. -
470 billion for welfare. We'll get the rest in taxes on fast food restaurant owners. Seems they are ruining the nations health.2001400ex said:
That's like $100 billion. Where's the other $900 billion coming from? -
Roll back all spending to 2008 levels and the budget will be balanced. Revenue is at an all time high.Sledog said:
Taxes on fast food restaurant owners. Seems they are ruining the nations health. -
Not even close to $470 billion. Thanks for playing tho.Sledog said:
470 billion for welfare. We'll get the rest in taxes on fast food restaurant owners. Seems they are ruining the nations health. -
2001400ex said:
That's not how it works. It's not "we'll cut the shit I want to cut but fuck I won't touch the military". If you want to balance the budget, everyone needs to feel it.
Ok that being said. Another question. Trump and Republicans control Congress. Why do you think they haven't put forth meaningful cuts in spending. Specifically why haven't they cut entitlements?
@SFGbob you never answered this. I'm curious the answer. -
Actually I did, another instance where the board ate my post.2001400ex said:
They haven't put forth meaningful cuts in spending because they don't want to take the political hit and they aren't really conservatives. People love their "free" shit and it's much easier to give people things than it is to take shit away from people.
National Defense is actually something the Federal Government has Constitutional authority to provide and really is part of the "General Welfare," grandma's hip replacement, not so much. -
So basically you are saying you prefer to vote for liars who tell you they will cut spending even tho they hand out free shit. Over people who are just up front about giving people free shit. Make sense.SFGbob said:
Actually I did, another instance where the board ate my post.
They haven't put forth meaningful cuts in spending because they don't want to take the political hit and they aren't really conservatives. People love their "free" shit and it's much easier to give people things than it is to take shit away from people.
National Defense is actually something the Federal Government has Constitutional authority to provide and really is part of the "General Welfare," grandma's hip replacement, not so much. -
2001400ex said:
So basically you are saying you prefer to vote for liars who tell you they will cut spending even tho they hand out free shit. Over people who are just up front about giving people free shit. Make sense.
Fuck People handing out free shit...that’s what he saying. There is not 1 gatdam thing free..it costs most of us
-
That's the point. But you guys seem to want to vote for liars who tell you they'll cut spending but never do.SECDAWG said:
Fuck People handing out free shit...that’s what he saying. There is not 1 gatdam thing free..it costs most of us -
Ok. Hillary or trump? Biggest liar trivia??
-
Post it Bondo.2001400ex said:
Not even close to $470 billion. Thanks for playing tho. -
Call me when you find those 3 to 5 million illegals that voted in the last election.SECDAWG said:Ok. Hillary or trump? Biggest liar trivia??
