Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

CBO: Our Long-Term Projections Show ‘Unprecedented’ Levels Of Debt
Hotair ^ | 06/26/2019 | John Sexton

Posted on 06/26/2019 7:27:28 AM PDT by SeekAndFind

click here to read article


Navigation: use the links below to view more comments.
first 1-2021-29 next last

1 posted on 06/26/2019 7:27:28 AM PDT by SeekAndFind
[ Post Reply | Private Reply | View Replies]

To: SeekAndFind

You’ll be drawn and quartered if you suggest reforming entitlement spending on this website.


2 posted on 06/26/2019 7:29:33 AM PDT by babble-on
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Every stinkin’ year the National Debt increases, and by definition that is “unprecedented levels” of debt.


3 posted on 06/26/2019 7:30:44 AM PDT by Yo-Yo ( is the /sarc tag really necessary?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Don’t worry , if the Dems get control of everything the country called The Unites States will disappear


4 posted on 06/26/2019 7:31:02 AM PDT by butlerweave
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

I’d be concerned except for the fact that the CBO predictions are found to be wrong pretty much every time, and no one is ever held accountable for being that wrong so often.


5 posted on 06/26/2019 7:31:53 AM PDT by thoughtomator (The Clinton Coup attempt was a worse attack on the USA than was 9/11)
[ Post Reply | Private Reply | To 1 | View Replies]

To: babble-on

We have to do something eventually about entitlements. No disagreement from me on that point.

Is the devil in the details? Nobody seems to agree on what exactly should be done to rein in Social Security and Medicare, for example.


6 posted on 06/26/2019 7:35:32 AM PDT by Dilbert San Diego
[ Post Reply | Private Reply | To 2 | View Replies]

To: babble-on

There shouldn’t even be entitlement spending. Not at the Federal level. Federal agencies and departments dedicated to wealth redistribution, education, environmentalism, labor, etc. are extra-Constitutional at best. And arguably un-Constitutional.


7 posted on 06/26/2019 7:36:31 AM PDT by BenLurkin (The above is not a statement of fact. It is either opinion or satire. Or both.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: SeekAndFind

Well, if the Left is worried about the debt, they can move to end deficit spending right now. They control the purse strings. They remind Trump of that daily.

From what I hear Medicare is taking a massive hit next year.

Thank heaven Welfare is still too important to touch. /s

I guess the illegals are more important than all the old-timers who worked their 40-50 years to earn the right to collect.

Such is life in the good old USofA these days...


8 posted on 06/26/2019 7:37:22 AM PDT by DoughtyOne (This space for rent...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind
Debt was a much bigger topic of conversation during the Obama administration. Republicans mostly arguing it was reaching a critical level and progressives mostly suggested we shouldn’t worry too much about it...

Republicans only worry about the deficit when a Democrat is in the White House. Democrats only worry about the deficit when a Republican is in the White House.

9 posted on 06/26/2019 7:37:30 AM PDT by DoodleDawg
[ Post Reply | Private Reply | To 1 | View Replies]

To: babble-on

“You’ll be drawn and quartered if you suggest reforming entitlement spending on this website.”

Probably a lot of people here are already relying on Social Security and Medicare. Leave those alone for people currently or soon to be using them , and I’ll be fine.


10 posted on 06/26/2019 7:42:27 AM PDT by be-baw
[ Post Reply | Private Reply | To 2 | View Replies]

To: babble-on

Entitlement reform:

Eliminate tax money for illegals and for Muslim terrorist families, or at least cap their payments to maybe $50,000./s

Old article on Boston Marathon bombers who cause dead children and amputated limbs of Americans.————

“The extended family of the accused Boston Marathon bombers received more than $100,000 in public assistance through a variety of government programs, the Boston Herald reported.
The taxpayer-funded support for Dzhokhar and Tamerlan Tsarnaev and their relatives came in the form of food stamps, Section 8 housing vouchers and stipends ending in 2012, the report said.
Dzhokhar, 19 is charged with conspiring to use a weapon of mass destruction for his alleged role in the blasts that killed three and wounded more than 260 at the Marathon on April 15. Tamerlan, 26, died days later in a confrontation with police in nearby Watertown.”


11 posted on 06/26/2019 7:42:50 AM PDT by frank ballenger (End vote fraud,non-citizen voting & leftist media news censorship or we are finished.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: frank ballenger

bttt


12 posted on 06/26/2019 7:44:38 AM PDT by BenLurkin (The above is not a statement of fact. It is either opinion or satire. Or both.)
[ Post Reply | Private Reply | To 11 | View Replies]

To: DoughtyOne

RE: From what I hear Medicare is taking a massive hit next year.

Wait till you have MEDICARE FOR ALL !!


13 posted on 06/26/2019 7:48:53 AM PDT by SeekAndFind (look at Michigan, it will)
[ Post Reply | Private Reply | To 8 | View Replies]

To: BenLurkin

+10


14 posted on 06/26/2019 7:49:11 AM PDT by polymuser (It's discouraging to think how many people are shocked by honesty and how few by deceit. Noel Coward)
[ Post Reply | Private Reply | To 7 | View Replies]

To: be-baw

Unwinding a Ponzi scheme without breaking too many lives can be a real trick.


15 posted on 06/26/2019 7:51:25 AM PDT by Hieronymus ("I shall drink--to the Pope, if you please,-still, to Conscience first, and to the Pope afterwards.")
[ Post Reply | Private Reply | To 10 | View Replies]

To: SeekAndFind

You want to fix SS? Reduce Medicare / Medicaid payments.

If the mortality rate increases for those over 65, less needs to be paid out in benefits. Cold, harsh, yes but that is true.


16 posted on 06/26/2019 7:52:44 AM PDT by taxcontrol (Stupid should hurt - dad's wisdom)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

When young people learn that interest rates can rise, they will revolt against the baby boomers. It will be brutal.


17 posted on 06/26/2019 7:53:06 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: babble-on

“You’ll be drawn and quartered if you suggest reforming entitlement spending on this website.”

You can recommend it. It’s recommendable. But it is NEVER going to happen. EVER. Our entire system of government, the nation itself, will collapse into ruin before any politician EVER EVENT ATTEMPTS to solve the issue. It cannot be done.

If the millions upon millions of young, working age, immigrants and refugees coming here could actually get jobs instead of adding to the entitlement burden, that might slow down the collapse of the Ponzi scheme to some degree. But they can’t and/or won’t. They are political fodder in truth, nothing more. And anyway, the rate of taxation they’d have to pay would make them little more than slave labor anyway.

It’s not going to be solved. Politicians can’t do it, because to do it they would have to self-sacrificing martyrs - as opposed to embezzling racketeers. And politicians will ALWAYS be embezzling racketeers. Eventually, when the conflagration and end comes for the country, we will default on it all in a mele of fire and blood that ends the government. Until then, the party will go on.

The monarchists, back at the founding of the country, always thought that this kind of thing would occur rather quickly in this form of government - that the people would demand a raiding of the national treasury for their many wants, needs and desires and that the country would soon collapse from exactly this kind of institutionalized mass pandering - extortion in truth - by the political class. Well, it lasted for a long while because for most of our country’s existence, the moral fortitude was at least strong enough to prevent the worst of human nature.

No longer. The free for all is now. To the strongest go the (borrowed) reparations. Until it all comes down in a brutal crash. And that’s the next event on the horizon, however long it takes for other forces now at work to tear the entire structure apart.


18 posted on 06/26/2019 7:55:30 AM PDT by Scott from the Left Coast (You may come to the moment when you will have to fight with all the odds against you...)
[ Post Reply | Private Reply | To 2 | View Replies]

To: SeekAndFind

Maybe that’s how they plan to pay for it. They’ll just cut us to the bone and give it to everyone else. White privilege and all...


19 posted on 06/26/2019 8:19:57 AM PDT by DoughtyOne (This space for rent...)
[ Post Reply | Private Reply | To 13 | View Replies]

To: babble-on

Time to take real steps toward shortening lifespans, then.


20 posted on 06/26/2019 8:36:02 AM PDT by gundog ( Hail to the Chief, bitches!)
[ Post Reply | Private Reply | To 2 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-29 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson