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To: phil_will1
That's a pretty bombastic statement. I assume that you have data to back up that assertion, right?
Name me another entitlement program where every person in America is entitled to a check every month from the government. Nothing else even comes close.

In dollar amounts, the 2003 "outgo" for the Old-Age and Survivor Insurance (Social Security) was $406 billion. The FCA would have been $500 billion (actually more because the rate proposed is too low).
423 posted on 08/02/2004 7:37:04 AM PDT by Your Nightmare
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To: Your Nightmare

"Name me another entitlement program where every person in America is entitled to a check every month from the government. Nothing else even comes close."

You are calling it an entitlement, rather than a rebate, which means that you anticipate that consumption would drop to zero immediately after enactment. What you did NOT say is that there is an entitlement element to the FCA.

Everyone in America would immediately stop buying groceries, gasoline, new consumer items, right? Please show me the economic study that supports that forecast. If you are counting the entire FCA as an entitlement, that has to be your underlying assumption.

BTW, what ever happened to Liberal Larry?


428 posted on 08/02/2004 7:49:36 AM PDT by phil_will1
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