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Next I want to see someone boycott the NBA and NFL for their lack of diversity.
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Another Galling Betrayal

Steve in NC Wrote: Feb 18, 2014 7:55 AM
I think you wrote Republicans when you really meant to write Democrats. Just a typo, I guess.
That's an oldie, but a goodie. The economic conditions that produced that surplus PROJECTION did not continue. Remember the tech boom and bust around 2000?
What is the average age of those in Congress? I've been the only wage-earner in my household for 30 years and have never cracked the top 10% in taxable income, but have managed to accumulate close to $1 million for my retirement. There are many, many things to criticize these folks for, but I certainly want them to display some financial savvy. If someone has been in office for 20 years and has NOT accumulated $1 million, something is wrong.
They should say we are going to provide a safe, secure environment for you to do business in, and leave you to yourselves to succeed or fail. We will provide for you a nation of laws written as simply as possible and enforced fairly. Unfortunately that will be a hard sell because too many have grown used to government entitlement programs.
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Learn from Virginia

Steve in NC Wrote: Nov 11, 2013 7:56 AM
If wanting to go back to the principles that made this country great, like personal responsibility, is radical, then I guess the Tea Party is radical.
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Congressionally Duped Americans

Steve in NC Wrote: Nov 06, 2013 3:43 PM
Means-testing SS benefits makes it even more of a welfare program. It is already heavily slanted toward the low earners.
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Congressionally Duped Americans

Steve in NC Wrote: Nov 06, 2013 3:24 PM
Eliminating the SS tax limit completely would be the largest tax increase in US history and would extend the life of SS by only a few years. Check it out. Try the Cato Institute as one source. Demographics and mathematics are against us. There must be fundamental changes in the way SS operates, or we will see it go under in a few years.
In response to:

Congressionally Duped Americans

Steve in NC Wrote: Nov 06, 2013 3:19 PM
You are spot on regarding Medicare. For Social Security, current retirees must live to 85 or 90 years of age to get their money back, so to speak. My employer and I have donated about $250,000 into SS on my behalf. Had it been invested like my 401k, it would easily total more than $1 million today, and it would be mine.
Sounds good, but run the numbers. Removing the income cap would extend the viability of Social Security by only a few years. Then we're right back where we started with a much bigger tax burden on the most productive of us. Social Security is a scheme whereby we take from the younger and poorer to give to the older and richer. The government knew, before they issued the first benefit check back around 1940, that it was not sustainable long term.
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