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#311600 - 03/16/19 11:08 PM Disaster
jgw Online   content
enthusiast

Registered: 05/22/06
Posts: 2522
Loc: Port Angeles, WA
This is a slightly different rant which deals with debt,VA, etc.

I am finding it all stranger and stranger. Just went to a local Home Show. Went by the Veterans of America booth. I asked them if they were aware of the current administration's efforts to either privatize, or destroy (maybe both), the Veteran's Administration. One guy was clueless and the other was a Trumpite. The trumpite said I had no idea what I was talking about. I then asked him if he knew (he looked old) that the administration was taking 10 billion out of the Medicare trust until they broke it (Medicare will be done in 7 years). He said that was a damn lie and Obamacare tookm 100 billion out of Medicare! (if that happened Medicare would not even exist today).

So, 2 veterans. One was clueless and one was snowballed and seriously ignorant. There is no doubt about Medicare and the VA. Its well documented, and the Medicare thing is in the current budget (to pay for the so called "tax cut"). The VA has not been allowed to hire replacement staff and the current staff it working itself to death. The so-called 'choice' plan is a fiscal, and very real disaster.

There, now for the serious stuff - The National Debt. The current administration has been adding 1 TRILLION dollars a year to the national debt. So far, this year, its something in excess of 300 billion and slated to make a trillion before the end of the fiscal year. This means that we will have a national debt of something like 23 trillion plus. What this means, basically, is our debt is now higher than our GNP. This means our credit is at risk and that interest will be increased or nobody will buy bonds on our debt. It also means, basically, that anybody relying on the government to provide services are going to be disappointed as any money we might have will go to paying the interest on our debt.

There are some indications that the current administration will, eventually default on our debt (just not pay our debt). Our dear leader Trump has claimed to be the master of debt. That was interesting as there is now evidence that they way he handled debt was to simply not pay his bills. Its also a simple fact that everytime a Republican has left the presidency it was up to the Democrats to clean up their mess. Its time, I think, that our elected start to get serious about the insanities they are taking part in. We are fighting permanent wars (Afghanistan costs around 45 billion a year). Our current deficts are due, in large part due to the "tax cut" (for the very wealthy). When the Dear Leader leaves he will also leave a mess bigger, and worse, than anything anybody has concieved previously. If, for instance, we default then nobody will trade with us. We have already lost trust the rest of the world might have in us (defined by the simple fact that the rest of the world refused to let us see the black boxes from the Boeing disaster because we were not trustworthy).

I recently started asking people I meet if they are aware that Medicare will be done in about 8 years and the VA maybe less and that our national debt is now bigger than our Gross National Product. I have found that 3 out of five don't even know the first 2. We have two parties, the Republicans and the Democrats. the Republicans, apparently, are onboard for it all. The Democrats, on the other hand, don't talk about it because, apparently, its a secret. I actually believe that what is going on is the Republican plan to deal with entitlements (get rid of them).

Anyway - just thought I would mention this.

https://www.pgpf.org/blog/2018/11/we-wil...-vital-programs
https://www.thebalance.com/interest-on-the-national-debt-4119024

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#311601 - 03/17/19 12:21 AM Re: Disaster [Re: jgw]
Greger Offline

Pooh-Bah

Registered: 11/24/06
Posts: 14956
Loc: Florida
Quote:
Even as the Trump administration seeks to slash Medicaid funding, more and more states are buying into the expanded program.

In the run-up to the mid-terms, Medicaid expansion was literally on the ballot in four states, and numerous gubernatorial candidates were running with the pledge that they'd expand Medicaid under the Affordable Care Act if they won. When the dust cleared, the voters of three states—Idaho, Nebraska, and Utah—had passed their ballot initiatives to expand the program. (Montanans voted no on the funding expansion, but had previously voted yes on accepting federal funds in 2016, so the program's future there is unclear.) New Democratic governors in Wisconsin and Kansas are poised to push for Medicaid expansion. Maine approved expansion by ballot initiative in 2017, but Republican Governor Paul LePage fought the measure. The new Democratic governor, Janet Mills, is now pushing expansion forward. The 2017 Virginia elections that swept so many Democrats into state office also paved the way for Medicaid expansion in that state as of January this year.
Link
Seems to me that Medicaid is alive and well.

_________________________
"Be yourself; everyone else is already taken."— Oscar Wilde

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#311608 - 03/17/19 05:42 PM Re: Disaster [Re: jgw]
jgw Online   content
enthusiast

Registered: 05/22/06
Posts: 2522
Loc: Port Angeles, WA
I doubt that the proposed 2019 budget will be going anyplace but it may be of interest that budget is planning a 1.5 TRILLION dollar cut for medicaid. That is, I think, in addition to the current ongoing cuts in the multi-billion dollar cutting of medicaid. The republicans are now claiming that ALL entitlements (medicare, medicaid, social security, etc) need to be dramatically to reduce the current deficit. They, however, have not mentioned the simple fact that it was THEIR budget and THEIR tax cut and the continuing war in Afghanistan that is doing the damage.

Here is a link to pretty much explains medicaid:
https://www.npr.org/sections/health-shot...ves-of-millions

Rather than reset our healthcare we are now actually spending more money on healthcare than many other so-called socialized nations of the world. Seems we love our for-profit healthcare system which we can probably state is quite possibly the most expensive healthcare in the world without providing the best, or universal healthcare. Its really kinda strange. Turn out that private prisons are not exactly cheaper, our privatized (kinda) healthcare is not only not cheaper but not even better, etc. The part of this that drives me nuts is the apparent inability of the left to occasionally mention this stuff (we are spending over 500 billion dollars on medicaid alone!)

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#311610 - 03/17/19 06:31 PM Re: Disaster [Re: jgw]
Greger Offline

Pooh-Bah

Registered: 11/24/06
Posts: 14956
Loc: Florida
Quote:
I doubt that the proposed 2019 budget will be going anyplace
No, it won't. So any blather about what it contains is mostly useless. It was written for Trump's base. Medicare and Medicaid are popular programs, they get kicked around like a football in all the political games but they aren't going anywhere.
As I posted above, states are very interested in Medicaid. It's state administered and partly/mostly(I dunno) federally funded, and keeps the local workforce healthy enough to flip burgers without causing a statewide measles pandemic or something.
The Medicaid/Medicare foundation is what we will eventually transition into a national health service. My cracked crystal ball is pretty clear on that.
_________________________
"Be yourself; everyone else is already taken."— Oscar Wilde

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#311612 - 03/17/19 07:47 PM Re: Disaster [Re: Greger]
logtroll Offline
veteran

Registered: 04/26/10
Posts: 9037
Loc: New Mexico (not old Mexico)
Originally Posted By: Greger
My cracked crystal ball is pretty clear on that.

My crystal ball is actually a clear Lucite bowling ball with glitter and small plastic toy farm animals inside. It's fun to look at but not much good for telling the future. You can also use it for bowling, if you don't mind a little ridicule...
_________________________
"You can't fix a problem until you understand what the problem is." Logtroll

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#311615 - 03/17/19 09:18 PM Re: Disaster [Re: logtroll]
Greger Offline

Pooh-Bah

Registered: 11/24/06
Posts: 14956
Loc: Florida
I don't rely on it completely, I also use Tarot cards and throw the bones when I'm in doubt. But in any case you can't use Lucite, it doesn't remember its connection to the Earth. Certain types of glass can be used but for political divination I find quartz crystal to be the most accurate. YMMV
_________________________
"Be yourself; everyone else is already taken."— Oscar Wilde

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#311617 - 03/17/19 09:27 PM Re: Disaster [Re: jgw]
pondering_it_all Offline
veteran

Registered: 02/27/06
Posts: 8543
Loc: North San Diego County
The Democratic House actually has to create all bills that spend federal money, so Trump's Budget can be used as toilet paper in the Capital bathrooms. The House can create bills with things the Senate Republican majority considers essential. If they counter with a modified bill, the House doesn't have to pass it. Likewise with Trump: If Congress sends him a bill that ignores his priorities, it may contain things that are essential so Trump looks like even more of an a-hole if he vetoes them. The House is really in the catbird seat here.

Republicans lost their mojo in the 2018 election: Their "accomplishments" are essentially dead. They just don't all know it yet. You can ram partisan stuff through when you have majority power, and then as soon the other Party takes over it gets rescinded. Bipartisan programs are much more resilient.

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#311635 - 03/19/19 06:10 PM Re: Disaster [Re: Greger]
jgw Online   content
enthusiast

Registered: 05/22/06
Posts: 2522
Loc: Port Angeles, WA
The problems, I think, are two-fold. The first is how the current budget is ripping serious money out of both medicare and medicaid as well as looting Social Security. Then there is the national debt. If the Republicans can manage to add 2 trillion more to the budget we will be in greater danger as a great deal of what could be spent on this stuff will simply not be available, unless Jackass actually defaults. I am not sure how that is even possible.

On the other hand this this is actually how Jackass ran/runs his own businesses so he just might find a way (this would also seem to agree with his overall plans for the United States, from what we have seen so far).

On the bright side Jackass is providing a lot of stuff that can be used against the Republicans in the next election. Adding 4 trillion to the national debt, in 4 years might be a good place to start? The there are those that continue to support jackass. I fully expect bad things for Jackass. If that comes to pass then his supporters can be painted with, I think, a panoply of factual damning accusations. My only concern, based on previous Democratic lacks, is that they won't be able to say such mean things about the Republicans (I really hope I am wrong about that one).

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#311656 - 03/21/19 08:24 PM Re: Disaster [Re: jgw]
Greger Offline

Pooh-Bah

Registered: 11/24/06
Posts: 14956
Loc: Florida
I honestly don't know what the current "budget" is doing. Medicare and Medicaid are both functioning as smoothly as anything under this administration. My Social Security check arrives on time every month.
These are programs you can't really fool with. Jostling numbers on paper and making ten year projections and dire predictions discounts the reality that the programs have operating costs and they will be met. There's a point at which the public outcry outweighs political malfeasance...You f*ck with any of these programs in a serious way and there will be torches and pitchforks winding up the road to the castle.

Debt? The only reason there are any money problems with government is that taxes are too low.
_________________________
"Be yourself; everyone else is already taken."— Oscar Wilde

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#311662 - 03/23/19 06:00 AM Re: Disaster [Re: jgw]
pondering_it_all Offline
veteran

Registered: 02/27/06
Posts: 8543
Loc: North San Diego County
If Trump tries to use his standard business MO (get other peoples money, then pay yourself, then declare bankruptcy) on the US debt, it just plays right into Putin's plan to bring down the US dollar's role as the standard currency of the world. But I don't think he actually can default, even if he wanted to. Something in the Constitution about our debt being backed by the full faith and credit of the US, meaning the courts could require we raise taxes to cover bond and T-bill debt. Or maybe just print more money, which pisses off all the rich people with a lot of dollar-denominated accounts and investments. Then they figure out Trump is not a rich person, just a conman trying to steal their money by devaluing it.

If he seriously thinks he can default on our debt, he hasn't thought about all the very ruthless people in the world holding US bonds and notes. He wouldn't last a week, with scores of hitmen vying for the price on his head.

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