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Donald Ian Rankin

(13,598 posts)
8. That should be a long way down the list of spending priorities, frankly.
Fri Dec 13, 2013, 09:58 PM
Dec 2013

Yes, America is a long way to the left of the peak of the laffer curve, and can and should raise taxes somewhat without inflicting too much economic harm on itself, and it could also afford more domestic spending by cutting military spending. Neither of those is at all likely to happen, of course, but lets assume for a minute that one or both of them did, and America had more money to spend on domestic projects.

The first priority should be education, and that could soak a *lot* of extra spending before running into diminishing returns; the second should be health care. After that, I'd look at better unemployment benefit, and possibly at better pensions for the over-65s.

Lowering SS to 50 would be so far down my list of priorities that barring the unexpected discovery that Mount Rushmore was made of solid diamond, I would say there are better things to spend the money on.

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That has about as much chance of happening as me becoming doc03 Dec 2013 #1
Right. In_The_Wind Dec 2013 #2
That's what they told FDR. CK_John Dec 2013 #3
We don't have FDR or his congress n/t doc03 Dec 2013 #4
Then it's our job to send reps to the next Congress that can do it. CK_John Dec 2013 #6
I think the ACA has pretty much eliminated that doc03 Dec 2013 #23
Just FYI, SSI is disability for the poor/those who don't qualify for Social Security disability. El_Johns Dec 2013 #5
I meant regular SS, will edit. CK_John Dec 2013 #7
Thanks. I wouldn't have corrected you but that people get the two mixed up & then you get El_Johns Dec 2013 #9
That should be a long way down the list of spending priorities, frankly. Donald Ian Rankin Dec 2013 #8
The real problem is Cyber era productivity can not produce enough jobs. CK_John Dec 2013 #11
Unfortunately, the conservatives already have that one figured out. Archaic Dec 2013 #16
You raise legitimate concerns. JDPriestly Dec 2013 #17
So true sandyshoes17 Dec 2013 #10
45 is about to be the new 55. Archaic Dec 2013 #15
K&R! Phlem Dec 2013 #12
rec'd and agreed.... mike_c Dec 2013 #13
I work with a ton of people holding on for dear life Archaic Dec 2013 #14
If I took Social Security now, I'd be impoverished for life Lydia Leftcoast Dec 2013 #18
My folks are in the same spot from the SocSec point. Archaic Dec 2013 #19
K & R AzDar Dec 2013 #20
Damn right! n/t ReRe Dec 2013 #21
I call TOTAL Bullshit. Coyotl Dec 2013 #22
This is certainly true. Enthusiast Dec 2013 #27
Good idea RobertEarl Dec 2013 #24
Money at the national level(any nation) is a concept. It appear when needed such CK_John Dec 2013 #25
SS has been funding the government RobertEarl Dec 2013 #26
Latest Discussions»General Discussion»It's time. Soc Sec needs ...»Reply #8