“The Sunday Morning Bray”, by Bray!
In everything I did, I showed you that by this kind of hard Work we must help the weak, remembering the words the Lord Jesus himself said: ‘It is more blessed to give than to receive.’” Acts 20:35
Nobody seems to be talking about the multi-trillion pound gorillas in the room which are entitlements and the 47% who receive gummit checks. Until America addresses the budget destroyers, Socialist Security and its two evil twins Mediscare and Medicaid there is no way to balance our budget today let alone into the future. We are putting our moms and dads at risk of going bankrupt while destroying our kids’ futures of an empty promise built on a Ponzi scheme which would be taking 75% of their earnings to keep it alive for another decade. Now is the time for the Baby Boomers to solve this problem for both their parents and future generations and truly become the selfless generation.
There is only one way to balance the budget and that is to lower both these behemoths by a third to half. This will never be done by the gummit since they use it to buy votes from the slaves on the program as well as the ones waiting to retire to become the Rulers’ subjects. You work your entire life so you can be attached to a gummit lifeline? It is time for Americans to throw away the free cheese and become truly free. Until we break our dependence on the gummit at all levels of our lives we can never solve this deficit or free ourselves from an all powerful communist dictate.
These three programs account for over thirty five percent of the total budget and that is expected to grow dramatically as the population ages. We have two answers if you don’t believe in a gas chamber solution and those are to raise taxes on the remaining workers or lower the usage. The most effective method would be to voluntarily not take the benefits and decide to work the rest of your life and leave your benefits unclaimed for those who can’t survive without them. We have to change our mentality from working our entire lives to retire and switch that to trying to work until death. There is a certain satisfaction to working til you build your own coffin and then crawl in at the end of the day.
Men who work well into their sixties and seventies have more reward and are in generally better health than those who are retired and lead a sedentary life. They are also more financially secure since they are in the primes of their earnings career. This is the time they can become entrepreneurs which can make them more financially successful so they can leave more to their dependents and family they have left behind. As for curing the program they would be paying into it rather than drawing out making a larger group of contributors as well as a lower number of payees to finally begin to stop the bleeding.
When we are borrowing from our children 40% of the nearly 4 Trillion dollars in the budget and we have a program that uses 35% of it we can never be serious about balancing it. Both parties have solutions on how to get more people off the program and ours should be by voluntarily leaving it. Yes, most have contributed an average of fifty thousand dollars into it however it is just like any other bad investment, sometimes you lose it. Yes it is guaranteed by the Federal gummit but so were the GM bonds and those flew out the window when Obama changed the bankruptcy laws. The Repubs will be proposing lowering the benefit by delaying retirement or making it means tested but will likely end up with far less than is required to solve this problem. Means testing is the least fair since they contributed the most and then receive the least.
The Dems already have the solution written into Deathcare. They are going to let people die earlier than they are now since they are subjects of the state. In addition to denying life saving treatments they will lower doctors’ wages which will force the best ones out of the profession and make it less attractive to new doctors. This will lower the overall care if you can get it making your chances of survival less and costing the gummit far less in two programs. This is the Deathcare option for solving Communist Security.
There is a realistic alternative. Those on the program have already been forced into it and have really no options other than going back into the job market if possible. If they still have marketable skills use them to free themselves from this subjugation. If you have managed your money in the past and have a solid nest egg then it is time to get off the program and enjoy the fruits of your labor and tell them to keep their Ponzi scheme. The fact is your dollars have been lost and they are borrowing from your kids to pay you and that is their real inheritance. Dropping off is the best gift you can give them and if millions would do it they would have to eliminate thousands of make-work jobs.
If half the people would drop off these programs the outlay would be lowered by around 15-20% and the revenues would go up 5-10% putting the budget in balance. By eliminating another 30% of speckled snail darter studies as well as getting rid of half the anti-business administrations you could have the debt chewed up by the end of our generation. This would leave our kids a gift of both a smaller more efficient gummit and a vibrant economy that if they carried our programs forward would sustain for generations to come. There are far better more efficient ways to live your later years than on a small check from Uncle Sam watching TV and waiting to die. This would turn our selfish generation into the most selfless in histoir.
Working and producing people are both healthier and stronger giving them a sense of purpose. This may be harder and leaving those thousands in the system is a tough decision but in the end you will make more by working and taking care of yourself. It is time to take care of our budget and pass down something of real and lasting value. It is time to sacrifice for this great country as well as rebuild it so it can be the envy of the world once again. There is only one way to do it and that is sacrificing like no generation has ever sacrificed before.
This is our D-day against the debt. The point is, once we conquer this enemy there is a satisfaction and freedom nobody in history has ever enjoyed. We can finish taking care of the Greatest Generation as a thanks and set an example for future generations who can enjoy better lives. There is freedom waiting for America which is in our reach if we have the courage and strength to conquer it. This is our challenge to break the chains of the retirement plantation and become truly free men.
Pray for America
Note: The above opinion is not necessarily my own, but FReeper Bray’s. If you wish to discuss this, please ping Bray.
Good morning, everyone. Standing by, as usual.
I vote for free markets every time.
Only two tax overhaul proposals, Steve Forbes' proposed flat tax from 1996 and the FairTax income tax replacement, do this. By no longer taxing bank accounts and investments, that right there makes it possible for Americans to create private nest eggs for retirement and medical bills completely tax-free, which means a far higher savings and investment rate, both good for the country. That means from now on, there will be dramatically lower demand for Social Security and Medicare, since in the future they have a big nest egg for retirement and elderly medical bills. And it also means there is way less incentive to "offshore" millions of jobs, thousands of factories, hundreds of corporate headquarters or (by some estimates) $15 TRILLION in liquid assets for tax avoidance reasons.
People forget that Rep. Paul Ryan was in intern at the Empower America organization at the middle of the 1990's, the same time when Steve Forbes was heading that group and was formulating the flat tax he proposed in 1996. As such, Ryan very well know about the tax reform proposal, if not having a hand in creating it. This is why I think the Romney campaign has yet to play this trump card, because they don't need it as the Romney campaign is watching the Obama re-election campaign implode by itself anyway.
Romney himself has already hinted that we will see dramatic changes to the income tax code if he wins the Presidency; it is not a far-fetched idea that some variant of the original 1996 flat tax proposal is part of that change.