Posted on 07/03/2014 11:57:08 PM PDT by quesney
Obamacare has pushed us over the entitlements tipping point. In 2011 some 49.2 percent of U.S. households received benefits from one or more government programs—about 151 million out of an estimated 306.8 million Americans—according to U.S. Census Bureau data released last October.
Currently, around 6 million to 7 million Americans who have signed up for Obamacare are receiving taxpayer-provided subsidies (though the administration’s numbers cannot be trusted, it’s all we have to work with). There are another 3 million who have signed up for Medicaid.
That means some 10 million Americans—or a total of about 161 million—are now getting government subsidies (though the final number might be somewhat lower since some may have been receiving benefits already).
Thus, perhaps 52 percent of U.S. households—more than half—now receive benefits from the government, thanks to President Obama. And Mr. Entitlement is just getting started. If Obamacare is not repealed millions more will join the swelling rolls of those dependent on government handouts.
(Excerpt) Read more at forbes.com ...
I have an idea. YOU go first! One less mouth to feed.
We have an aging population period. If you look at the graph for 2060, you will notice another huge bulge around the 35 to 45 year olds. As this cohort moves thru the system, we will have similar problems to those associated with the Baby Boomers. People are living longer and this has an impact on the entitlement programs and the size of government, which essentially spends most of its time redistributing wealth.
I don't share your optimism.
“...is irrelevant to the premise of the article.”
Premise - a proposition supporting or helping to support a conclusion.
A premise is an assumption. And in this case the premise is irrelevant.
LOL!
TN is high on my personal list but is edged out by NH for several reasons.
-TN has been trying to get an income tax for quite some time. They’re going to get one eventually. Gov. Taxquist came within a breath of doing so. With an increasingly diverse and handout reliant population, I don’t see the status quo remaining. Contrast with NH where a Constitutional amendment to forever ban a state income tax was on the ballot recently. It failed as it didn’t get the required 2/3, but it got enough of a vote to make it plain that a personal income tax would not be coming about anytime soon.
-Sales taxes are outrageous in TN as are sin taxes on alcohol. TN still has dry counties. NH has no taxes at all on liquor, and a de minimis tax on beer and wine. Property taxes are better in TN generally speaking, but are very location specific in both states.
-Memphis. Need I say more?
-Super nice people and hard working in TN...but they tend to be in your business. I prefer to be left alone. Church is the center of life in rural TN. Which is a good thing. Not so good if you’re not of the local denomination.
-Gun laws in TN are tolerable, but not in the same league as NH. A bill in NH to limit private sales was heard in NH this year. It failed miserably in the Democrat dominated house. NH is in the running to be the second east coast state to go Constitutional carry (VT has been since early 20th century).
On the plus side, TN has warmer weather.
Looks like taxfoundation.org likes NH. You have the lowest tax burden in New England by far. It ranks a 8, just slightly higher than TN. Must be the property taxes plus other ‘fees’.
Yeah, I know all the bad stuff about TN but it is still the best value for us.
East Tennessee is rebellious. They have been voting republican since before the first Civil War, odd for a southern area. Beautiful land is inexpensive, property taxes are incredibly low if you stay out of a city’s jurisdiction, I like the religious aspect because that keeps the family values that have been missing for so long. I see libertarians as more self-oriented, not in the least Christ-like.
I guess that explains New Hampshire’s weird voting record - proObama yet they vote lower taxes and more freedom for themselves. That’s like welfare types voting for higher taxes for everyone else. I can’t respect people like that.
TN has a lot of those same welfare types, but they still distrust Big Government, probably stemming from Sherman’s march and the federal government’s overreach after the first Civil War. I can deal with that type of hypocracy better. The area I’m looking at voted over 70% Romney.
If a state income tax is implemented, the sales tax should go down. Or it would be a small tax. All states get you one way or the other, except Nevada or Alaska. Texas, which brags of no state income tax, has a property tax over 3%! We paid more in total taxes in Texas than in California.
Of course, everyone’s circumstances differ. I’m holding my taxable income at $20k,a year to avoid paying federal income tax (exemptions and standard deduction will bring the taxable income to almost zero.). That should work for any state income tax as well.
I’ll also be where I can bop over to Virginia for shopping, to reduce the sales tax paid. I just don’t want to live there because their property taxes are high and they vote all wrong.
East Tennessee also has a homogeneous population. And the rural parts of the state still outnumber Nashville and Memphis by a huge margin.
I just need East Tennessee to stay as it is for another 30 years. After living in Texas and California, i deserve to die in the U.S. And the southern politeness can’t be beat. Yes, they want to make sure you aren’t moving there to ruin their area and they take in interest in their neighbors. A non-selfish interest. I find that a plus not a detriment.
Oh, one more thing. They are not elite snobs, having to have the latest of everything. There is so much of that materialism here in CA. Anyway, between that and the gardens I saw and hunting, that area should be better off than most if we have hyperinflation or other financial collapse.
Of course, everyone’s situation varies. If I had a high income and a tiny house was ok, Texas would be a good place. But is don’t think acreage is as cheap there, nor as pretty. And water would be an issue. And it’s invaded, thoroughly.
Everyone has different evils they are willing to deal with ;)
“-Gun laws in TN are tolerable, but not in the same league as NH. A bill in NH to limit private sales was heard in NH this year. It failed miserably in the Democrat dominated house. NH is in the running to be the second east coast state to go Constitutional carry (VT has been since early 20th century).”
I still can’t wrap my head around democrats voting for loose gun laws.
I think there must be a catch ;)
Have you moved there yet?
I was wondering what the winters were like. We got 20+ feet of snow at our Sierra cabin. I hate snow. Melting snow is fine, but 5+feet of snowpack was restrictive and I don’t like snow sports!
“When this huge generation of seniors evaporates,
I have an idea. YOU go first! One less mouth to feed.”
Classy.
“When this huge generation of seniors evaporates,
I have an idea. YOU go first! One less mouth to feed.”
Classy.
A taste of the strife to come. I sometimes think the Walking Dead is a metaphor for what’s coming. Watch your back for zombies.
I live in VA, used to live in TN, and visit NH. I’ve been in NH during the winter and it really depends where you’re at as to how bad it is. The sea coast isn’t bad. The further inland and closer to the mountains you get, the colder it is. Nice thing is it kills the bugs. Except black flies which are a scourge.
I truly love TN and like I say it’s on the list. If NH doesn’t pan out, TN is plan B or C. As you indicate everyone’s situation is different. I plan on earning an income till I keel over, so income taxes matter.
There is a significant “libertarian” presence in NH already. Plus with the free staters moving in, it’s already shifting the politics a bit. The free staters have already infiltrated both political parties to some extent and there are somewhere around 12-20 elected free staters in the state house. They’re seen as a threat, particularly by the ‘rats. One ‘rat legislator characterized free staters as the biggest threat facing NH. Talk about the kind of endorsements you just can’t buy!
State DFS sends me a monthly check to raise two foster children. In truth, I could not raise these two without that check. I don’t think this makes me dependent on government.
No, it makes “them” dependent on the government and it makes you an administrator.
I agree with you. However, social security has always been an elaborate Ponzi scheme relying on the “full faith and credit” of the US. Social security was originally intended as a safety net, not as broad as it has now become. If anyone should get it, you should, but it is weak and getting weaker because it is a huge govt obligation being paid on a current basis by a smaller and smaller workforce. And unlike you, most people will not have paid into social security as much as they get out of it and I will either get very little, or spend it for heavily inflated expenses/devalued dollar, or both.
I do. Its still welfare paid for by the young, not anything you “paid” into
So the man who lost his leg in Iraq or the woman who lost her hearing & sight to an IED in Iraq along with the Vietnam vet who lost his sanity are all welfare moochers the same as the gal in the EBT video and the food stamp surfer?
You’re missing the point.
The point is that there are more people taking out of the pot than putting in. This situation will NEVER go back to a more sustainable situation, so the question is what now?
My point is take what you can while there is something to take and prepare for a day when it’s gone, really, really gone. The country will survive, but there will be zero money, not for soldiers and not for EBT folks.
As it currently stands I’m ok with that, because the insanity will bow to the reality. Vast improvement.
Yes, it was. Just like the terms “generation of grasping seniors” and “tantrums of elderly adolescents” in reference to my posts. When I see that kind of invective directed toward government deadheads and welfare leeches, I might lighten up. But not until.
How would you suggest that those I described above survive when they cannot work? Just die, right? You’re okay with someone who took a bullet or a bomb for you starving to death because then your tax burden will lighten? Conservatives, my ass.
Not everyone who believes that they are conservative actually is conservative. Some are trolls, and some are sociopaths.
And some are long-time Paulestinians.
That too.
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