Saturday, August 18, 2012

Steve's barking lets fix entitlements

Ah the presidential election season is starting to the beginning of the end here in the United States (thank you lord).
Now the boobs on the boob tube are hinting this election may boil down to medicare and social security.
They may be right, even boobs on the tube get things right some of the time.
Now the challenger to the current president has stated that the current president is going to take 750 billion dollars away from money we put into the trust fund and give it those undeserving people who would benefit from Obama care. Now I maybe wrong but the money that's being switched is coming from general taxes not from the medicare part of FICA. That being said it would appear that the challenger has got his facts a little mixed up. Now it's been reported that the challengers running mate is a budget wonk (what ever that means). Now if he's a budget wonk why didn't  he explain to the top guy on the ticket that the money that's not being used for medicare is not coming from the money from FICA medicare but from money from general taxation. Maybe the number two guy really isn't a budget wonk.
 I asked my crystal ball what will happen to medicare and social security  if the president were to lose the election. My crystal ball stated the operation will be a success but the patient will die.

Now if I had my way I would (and I probably never will) increase the percentage of the FICA tax on medicare to cover both hospitalization and doctors cutting off the hands of those who try to take those money for any other reason. If I really had my way I would scrap the present healthcare system and have a dedicated income (all income) into a voucher system buying co-op were one could get private insurance that is strongly regulated by the government.
  Now let me be brief about Social Security, stop the limit on the amount taxed, slowly increase the amount employers pay. Starting next year the extra money that is being taxed in the Social Security part of FICA would be to help pay down the debt. When the money is needed the extra taxes will be there to pay the retirees on Social Security. 


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