Is the Federal deficit larger than the Federal Government says it is?
Social Security has been used by several Presidents such as Lyndon Johnson, George Bush Sr., George Bush Jr., Bill Clinton, even Barack Obama. Social security funds have been used to fund other programs and a few wars without ever being repaid and currently Social Security can only invest in non-negotiable, non-interest bearing markers. Since the Social Security funds are part of the unified budget the deficit numbers look smaller than they actually are
When you count funded and unfunded liabilities it is astronomical. Take a look see: http://www.usdebtclock.org/
Well thank the education market and for-profit colleges and universities that have a stock ticker symbol because these universities such as the University of Phoenix are driving America into unemployment and even more into debt. University of Phoenix graduates cannot find work after graduation because their degrees are worthless and unaccredited, they cannot get a job to pay back their student loans and so American tax payer money is used to pay off their student loan debts. Students that drop out of the University of Phoenix or fail again rely on tax payer money to pay off their student loans.
Get rid of the University of Phoenix because their degrees are worthless and unaccredited and use $32 billion dollars to create jobs, reduce unemployment, and keep America out of debt.
by Barbara Badder 7 years ago
I'm curious what everyone thinks of the cuts planned to lower the deficit. In my opinion they are aiming them all at the elderly and poor. What does everyone else think?
by Texasbeta 7 years ago
Republicans like Boehner will shed a tear when asked about THEIR federal job, but when the topic of you losing YOUR federal job, they respond: "So be it."http://www.reuters.com/article/2011/02/ … XO20110215BTW- He also lied about how many jobs were in question as well...just to...
by OLYHOOCH 6 years ago
Have you noticed, your Social Security check is now referred to as a "federal benefit payment"? I'll be part of the one percent, to forward this, our government gets away with way too much in all areas of our lives, while they live lavishly on their grossly overpaid incomes! KEEP passing...
by ga anderson 4 years ago
The conservatives are going nuts.The fanatics are screaming, "Remember Waco and Ruby Ridge."Tea Party and Republican politicians are flocking to get on camera in support of rancher Cliven Bundy.But, Is this rancher right?The gist:A cattle rancher grazes his cattle on public land. His...
by Ralph Deeds 5 years ago
http://www.nytimes.com/2013/03/31/opini … ef=opinionSocial Security, Present and FutureBy THE EDITORIAL BOARDPublished: March 30, 2013 6 Comments"In the fight over the federal budget deficit, Social Security has so far been untouched. That may soon change.Today's Editorials"In last...
by FatLibertarian 8 years ago
After watching various Tea Party candidates struggling to name what they'd cut, I decided to come up with a plan that can unite both sides. We cut both the welfare and warfare state and greatly restructure our economic system to create more peace, freedom and wealth. You want...
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