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Started By
Message
re: Infastructure Spending at Historic Lows
Posted on 4/30/18 at 12:37 pm to AbuTheMonkey
Posted on 4/30/18 at 12:37 pm to AbuTheMonkey
If you look at SS, Medicaid, and pensions and then consider population trends, they are all going to have to be cut significantly moving forward. It is just basic math. This country can not afford to support people that work 40-45 years out of 82 year lives from a financial point of view.
2
Posted on 4/30/18 at 12:43 pm to IrishTiger89
quote:
This country can not afford to support people that work 40-45 years out of 82 year lives from a financial point of view.
Let me rephrase it for you - this country can not afford people that work 40-45 years and people that hardly work while drawing welfare for 40-45 years out of 82 years lived.
Posted on 4/30/18 at 12:45 pm to IrishTiger89
quote:
If you look at SS, Medicaid, and pensions and then consider population trends, they are all going to have to be cut significantly moving forward. It is just basic math. This country can not afford to support people that work 40-45 years out of 82 year lives from a financial point of view.
That is if we want a balanced budget. If the last ten or fifteen years have taught us anything, as long as we are the world's reserve currency and as long as no one calls our debt, I don't think that will be the case. Our voting population loves to mortgage out our future in favor of funding old people's pension and healthcare.
Ladder Social Security up to 70. Reconfigure Medicare and Medicaid to a rationing format using some sort of adjusted quality of life year econometric system - we spend more on public healthcare per capita than all but two countries in the world, and that is largely because of Medicare. Some states (Illinois, as a great example) probably need to be allowed to declare bankruptcy sooner rather than later and everyone - pensioners, bondholders, and the state - will have to take a haircut.
It's mostly a legacy of the huge Boomer voting block that is still like a bulge making its way through the snake.
Posted on 4/30/18 at 12:50 pm to Homesick Tiger
quote:
quote:
This country can not afford to support people that work 40-45 years out of 82 year lives from a financial point of view.
Let me rephrase it for you - this country can not afford people that work 40-45 years and people that hardly work while drawing welfare for 40-45 years out of 82 years lived.
No, not really. Even most people that worked all their lives are drawing more out of the system than they paid in right now. Not all, obviously, but most.
Medicaid is the only significant cost contributor (like more than a few percentage points of the budget) at either the federal or state level that could be considered a welfare or anti-poverty program.
The huge defecits are not coming from anti-poverty programs with the possible exception of Medicaid if you consider it a welfare program. They're coming from, in order, Social Security, Medicare, defense, and interest on the debt at the federal level and pensions for state and municipal workers at the local level.
This post was edited on 4/30/18 at 12:57 pm
Posted on 4/30/18 at 12:50 pm to AbuTheMonkey
quote:
Reconfigure Medicare
Truth. If my next door neighbor uses his Medicare insurance 12 times a year and I use it only once, his premiums should be higher than mine.
Posted on 4/30/18 at 12:54 pm to Wtodd
quote:link?
But Trump wants to pass a $1T infrastructure bill and the Dems are opposing it.
Posted on 4/30/18 at 12:54 pm to Homesick Tiger
quote:
quote:
Reconfigure Medicare
Truth. If my next door neighbor uses his Medicare insurance 12 times a year and I use it only once, his premiums should be higher than mine.
Not even that. Medicare really should be rationed like a NHS or a Bismarck system do it. It's a public healthcare system and needs much stronger cost controls. It's also a price-setter in many instances, so it, in theory, might help out on the private side as well.
For that matter, I think the feds should force states to adopt a QALY measure as well for Medicaid programs.
This shite absolutely has to be done if we want to start controlling public healthcare costs and turn valuable tax dollars towards things like infrastructure. No other way around it.
Posted on 4/30/18 at 1:05 pm to KiwiHead
quote:
.....whatever, my point is that in Louisiana, you can't get the population to pay for infrastructure whether it be the library or he roads or the bridges.....they'd rather pay for truck nuts etc. Then the people bitch about how stupid everyone else is and the lack of economic opportunity, which coincidentally goes hand in hand with good infrastructure....like the type you have in Atlanta.
I don't have a problem voting for tax increases for our local libraries. I've used their services often and the library on Goodwood in BR is always popping. Students use them as a good study spot and for school group work. Obviously you can check out books, e-books, and DVDs. You can even check out a telescope or get something 3D printed. They have all kind of children and adult programs ranging from genealogy to basics of computer programming. I can log on to their database online and take many different online courses -- I've learned some basics in accounting this way. I don't mind spending tax money for education resources that are being used. I wish it was being used even more though considering the lack of education in our city.
Maybe if both our elected officials and the people doing the electing actually would check out a book or two on economics, we wouldn't be in the financial mess we are in. There are books where economists predicted the very situation that we are in back in the 1940s. But we repeat the same mistakes and compound problems because we want to get our information from politicians who aced speech classes instead of economics classes and pandering media members who predict death on America with any mention of entitlement cutbacks.
Posted on 4/30/18 at 1:17 pm to kadillak
It’s absolutely infuriating.
The current version of the Republican Party would never touch it because, to be blunt, Trump’s core base (which is older and pretty white) would nail him to a tree if he even tried it, and I don’t it’s something he believes in doing anyway.
Half the current Democratic Party wouldn’t understand the problem if you smacked them in the head with an economics or finance textbook and the other half get the vapors when you mention it and bring up things like pushing grandma off a cliff.
Old people vote, so the cycle keeps on spinning.
Supposedly Paul Ryan tried to bring it up but a Republican Party test group told him it polled terribly among the base.
In my opinion it’s still the most important issue facing this country and has been for at least fifteen years. Nothing is more consistent in bringing down great empires than horrible public finances.
The current version of the Republican Party would never touch it because, to be blunt, Trump’s core base (which is older and pretty white) would nail him to a tree if he even tried it, and I don’t it’s something he believes in doing anyway.
Half the current Democratic Party wouldn’t understand the problem if you smacked them in the head with an economics or finance textbook and the other half get the vapors when you mention it and bring up things like pushing grandma off a cliff.
Old people vote, so the cycle keeps on spinning.
Supposedly Paul Ryan tried to bring it up but a Republican Party test group told him it polled terribly among the base.
In my opinion it’s still the most important issue facing this country and has been for at least fifteen years. Nothing is more consistent in bringing down great empires than horrible public finances.
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