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To: NormsRevenge
RE :”Payroll tax receipts generally hold up much better in recessions than income taxes, but job losses have been so severe that the CBO expects them to decline slightly from 2008, while benefits rise almost 9% because of cost-of-living adjustments and the beginnings of the baby boomer retirement wave. (See five reasons for economic optimism.)

The faster this welfare program goes broke the better. Like Medicare democrats only want a token of payroll taxes (wrt handouts) to make the recipients think they earned it. They really want the rich to support the poor, with the middle class addicted.

8 posted on 04/10/2009 10:42:12 AM PDT by sickoflibs (RNC Party Theme : "We may be socialists, but they are Marxists!")
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To: sickoflibs
The faster this welfare program goes broke the better.

The only possible silver lining I see in any of this is that the system(s) will go broke. And then (maybe) America will say "Any politician who promises to use taxpayer funds to solve problems in my life is lying."

Government budgets should cover defense, courts, some transportation infrastructurre, and not much else. The budget should be far less than 50% of its current size -- if we go broke enough, maybe people will understand that.

11 posted on 04/10/2009 10:48:11 AM PDT by ClearCase_guy (American Revolution II -- overdue)
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