Maybe Obamacare is good for America.

[layoutshooter]

Freedom: it means whatever you say it means. And it's quite possibly the single most overused word in existence today.
The problems with SS are not inherent in the program, but in the politicians who have been unable to resist "borrowing" from it, and a populace that let it happen. If they could have prevented it, which is debatable.
The problem is that in politics, no one has to be accountable for what transpired before they were elected. Those who are guilty simply move on to another high paying job/career/office, and taxpayers are left holding the bag.
Still, you cannot dispute my actual point: SS was designed to solve a real problem, and if the politicians had done their jobs, it would still be working. That they did not is not the fault of the program itself. Getting rid of the program will therefore not make the problem go away, but put us back to where we were when it began: elderly people dying of malnutrition, disease, and exposure.
You've said nothing to refute that.

Social Security is NOT a guaranteed benefit. It cannot be counted on for anything. Can you a Madof? It was, and is, a Ponzi scheme. The government ripped us all off. Not me saying this the Supreme Court said so. Keep believing the government is the answer and the same mistakes will continue.

Social Security's Sham Guarantee | Cato Institute

 

[jujubeans]

S.D. and a brilliant wife are doing this guy a world of good! Hi Ken.

Considering the source of the compliment...that is a high one! Thanks Leo!

 

[Pilgrim]

Getting back to the subject of the OP, this is a GREAT article that gives a good idea of exactly what ObamaCare will do for America, especially the younger people that will be most affected by it:

The Lost Generation: Young People Have Been Had

Victor Davis Hanson | Dec 19, 2013

...How exactly will the IRS collect penalties from millions of off-the-books youth who choose not to buy coverage?For those who chose not to buy health insurance in the past, will these newly insured really follow through their initial signups with steady monthly premium payments? If not, how will we collect what they owe? Will all those who lost their coverage have enough money to buy the costlier Obamacare replacement plan?

Among these unanswered questions, the most disturbing pertains to the demand that millions of so-called millennials under 30 must purchase health insurance -- estimated at about $1,700 a year -- that they will hardly use. Their premiums supposedly will subsidize older, in-need Americans who cannot pay the full costs of coverage that they will draw on frequently.

We forget that young people are already targeted for a number of government redistribution plans. Of America's age cohorts, the under-30 bunch is the least likely to be employed, and the most likely to work at low-wage or part-time jobs.
Millennials already pay high payroll taxes for Social Security and Medicare coverage for the elderly. Yet most economists predict that both programs will soon prove insolvent and will not be able to extend the present level of benefits to young contributors when they retire.

We are currently in the greatest economic slowdown since the Great Depression. The now normal 7 percent unemployment hits the young especially hard. Their jobless rate typically ranges from two to three times higher than the national average. Requiring employers to provide Obamacare coverage will spike unemployment and again do the most harm to those first entering the workforce.

Young people in America owe in aggregate about $1 trillion in unpaid student loans. While in theory some of their interest rates are subsidized, many are not and range from 5 percent to 9 percent at a time when mortgages can still be had for about 4 percent....

Obamacare will not, as the president promised, "lower the cost of your premiums by up to $2,500 a year." Most estimates suggest that the Affordable Care Act will add trillions to the already huge national debt. The current $17 trillion aggregate debt is largely a result of out-of-control entitlement obligations that skyrocketed the last 20 years and largely were paid out to those over the age of 30.

When interest rates creep up, the cost of servicing the national debt may claim one-third of the yearly federal budget. The millennial generation will come of age to pay higher taxes and receive fewer government services to cover for prior generations who wanted more things on credit billed to their grandchildren....

The Lost Generation: Young People Have Been Had - Victor Davis Hanson - Page full

How ironic the situation developing for this generation that has been brought up feeling entitled to everything from ipads to play with at age 9, to limousines for their prom ride, trips to Cancun for spring break and a Porsche for their high school graduation present.

 

[Tennesseahawk]

Wish this shat would've gotten out at a time before the election, and everyone wasn't watching American Idol.

 

[davekc]

I'd be really happy to see unemployment cut, but only because the need for it is reduced. We watched all the jobs that provided a middle class life get sent overseas, in the name of higher profits, and now the politicians are complaining about how much it costs to keep people on unemployment. We welcomed WalMart with all kinds of special tax breaks and subsidies, and now we are subsidizing their employees, too, who don't earn enough to pay for basic needs.
Where are we heading with all this? How stable and productive can we [society] be if most adults have to work 2 jobs just to live? And how do those adults make their lives better if they're exhausted all the time? How do they raise their kids, if they're always at work?
It's going to get ugly, I think.

Yep. It will get ugly if there is any significant rise in interest rates pertaining to the national debt. That is why they need to shut down a lot of the spending. That's entitlements, all the way to Walmart tax breaks, to foreign aid, and all the other goofy stuff we waste money on.
Unemployment and social security are entitlements that people should receive because they pay in to it. The current problem is we are spending more per individual than they are putting in on both programs.
Young people are screwed. They get to inherit all the irresponsible spending we continue to do.
Bailouts for banks, all the way to a new bailout for Obamacare. It just started and is already upside down financially. Insurance companies are ready to cash in.
Just think, you have a new wave of "baby boomers" getting ready to retire and those youngins are going to get stuck with the bill. 18 trillion in debt now, and they likely won't be able to borrow their way out of it.

 

[OntarioVanMan]

Yep. It will get ugly if there is any significant rise in interest rates pertaining to the national debt. That is why they need to shut down a lot of the spending. That's entitlements, all the way to Walmart tax breaks, to foreign aid, and all the other goofy stuff we waste money on.
Unemployment and social security are entitlements that people should receive because they pay in to it. The current problem is we are spending more per individual than they are putting in on both programs.
Young people are screwed. They get to inherit all the irresponsible spending we continue to do.
Bailouts for banks, all the way to a new bailout for Obamacare. It just started and is already upside down financially. Insurance companies are ready to cash in.
Just think, you have a new wave of "baby boomers" getting ready to retire and those youngins are going to get stuck with the bill. 18 trillion in debt now, and they likely won't be able to borrow their way out of it.

sux to be them....

 

[davekc]

sux to be them....

It does. And here are your winners who are looking to cash in when those rates start to rise.

China Now Owns a Record $1.317T of U.S. Government Debt | Fox Business

 

[Pilgrim]

Suppose China, Japan, or other potential lenders decide they want a higher interest rate for the money they lend us? That's what usually happens when credit ratings start to drop or debt-to-income ratios get out of proportion.

 

[Brisco]

Glad to hear that Bri.... When will you be sharing it? That's some chip you're carrying around on those broad shoulders of yours. Why do you care so much what people think of you?

My Help is all over the board....NOT here in the Soapbox.

If some of you would just get past the HATE you have towards my Arrogant Brilliance.........You'd see that I have actually contributed greatness to this board in extreme ways........

Already Stated this before........Could really care less what others THINK of me.......I am who I am......accept it.

Hey! Ease up. He's had a "full blown" CDL (I think that means to completion) AND had hazardous materials....chemicals, don't ya know.

Wait.....on second thought, since he works for a relative, he's probably not even a REAL furniture salesman. More like a wannabe, or a contract salesman.

OK....I guess you got me with the Full Blown CDL expression.........Probably should've said that I wasn't running around as a CDL Driver with some 1/2 Ash Class B CDL..........

Works for a Relative????? Where'd that come from?? Sure.....I'm involved with other stuff with my Bro........But I am a 1 Man Show / Entity / Guru in this Furniture Business. And....I'm quite sure you're on the Band Wagon when it comes to the Members here that are stalking me In Real Life......(Really Sad when people want to take Discussion Board disputes to the Next Level)....so my best advice would be to keep what knowledge you do learn about me within your own thoughts......Especially when it comes to Who I am and What is I do AWAY from this board.........

 

[Brisco]

Now get Back On Topic............

IE - People Living on Government Hand-Outs.....ObawaCare.....Welfare.......of which they Believe they're entitled to because they're Special...........or Whatever............