President Trump transmitted a message to congress, warning them not to cut Social Security and Medicare {Direct Rumble Link}. Many politicians and pundits will look at Trump’s position from the perspective of it being good to campaign for older voters, but that’s not the core of his reasoning.
In 2016 CTH was the first place to evaluate the totality of President Trump’s economic policies; specifically, as those policies related to the entitlement programs around Social Security and Medicare. We outlined the approach Trump was putting forth and the way he was approaching the issue. In the years that followed, he was right. He was creating a U.S. economy that could sustain all of the elements the traditional political class were calling “unsustainable.”
Before getting to the details, here’s his video message and policy as delivered yesterday. WATCH:
Fortunately, we do not have to guess if President Trump is correct. We have his actual economic policy results to look at and see how the expansion of the economy was creating the type of growth that would sustain Social Security and Medicare. This was/is MAGAnomics at work.
♦ On Social Security – Unlike many other 2016 Republican candidates, Donald Trump did NOT call for rapid or wholesale changes to the current Social Security program; and there’s a very good reason why he was the only candidate who did not propose wholesale changes.
With the single caveat of “high income retirees” (over $250k annually), which previously Trump said he was open to negotiating on, President Trump does not consider these programs as “entitlements”. The American people pay into them, and the federal government has an obligation to fulfill the promises made upon collection.
To fully understand how Donald Trump views the solvency of Social Security, you must again understand his economic model and how it outlines growth.
The issue with Social Security, as viewed by Trump, is more of an issue with receipts and expenditures. If the aggregate U.S. economy is growing by a factor larger than the distribution needed to fulfill its entitlement obligations, then no wholesale change on expenditure is needed. The focus needs to be on continued and successful economic growth.
What you will find in all of Donald Trump’s positions, is a paradigm shift he necessarily understood must take place in order to accomplish the long-term goals for the U.S. citizen as it relates to “entitlements” or “structural benefits”.
All other candidates and politicians begin their policy proposals with a fundamentally divergent perception of the U.S. economy.
The customary political economy theory, carried by most politicians, positions them with an outlook of the U.S. economy based on “services”; a service-based economic model.
While this economic path has been created by decades old U.S. policy and is ultimately the only historical economic path now taught in school, President Trump initiated his economy policy with the intention to change the dynamic entirely, and that’s exactly what he did.
Because so many shifts -policy nudges- have taken place in the past several decades, few academics and even fewer MSM observers, were able to understand how to get off this path and chart a better course.
Donald Trump proposed less dependence on foreign companies for cheap goods, (the cornerstone of a service economy) and a return to a more balanced U.S. larger economic model where the manufacturing and production base can be re-established and competitive based on American entrepreneurship and innovation. This is the essence of MAGAnomics.
The key words in the prior statement are “dependence” and “balanced”. When a nation has an industrial manufacturing balance within the GDP there is far less dependence on the economic activity in global markets. In essence the U.S. can sustain itself, absorb global economic fluctuations and expand itself or contract itself depending on the free market.
When there is no balance, there is no longer a free market. The free market is sacrificed in favor of dependency, whether it’s foreign oil or foreign manufacturing, the dependency outcome is essentially the same. Without balance there is an inherent loss of economic independence, and a consequential increase in economic risk.
No other economy in the world innovates like the U.S.A. President Donald Trump saw/sees this as a key advantage across all industry – including manufacturing and technology.
The benefit of cheap overseas labor, which is considered a global market disadvantage for the U.S., is offset by utilizing innovation and energy independence. This was the core of the economic program that created so much immediate GDP growth in 2017, 2018 and 2019.
2017: […] “This policy will be successful in moving the U.S. economy away from low-growth secular stagnation towards significantly more buoyant performance. We would not be taken by surprise by a doubling of the growth rate of real GDP in the U.S. over the next two years, nor by a further significant move up of equity valuations and a material further appreciation of the dollar.” ~ David Folkerts-Landau, Chief Economist, Deutsche Bank
The third highest variable cost of goods beyond raw materials first, labor second, is energy. If the U.S. energy sector was unleashed -and fully developed- the manufacturing price of any given product would allow for global trade competition even with higher U.S. wage prices. This is why President Trump traveled to Saudi Arabia as his first foreign trip, followed closely by a trip to Asia. He was putting the basics of his U.S. economic policy into place.
Additionally, the U.S. has a key strategic advantage with raw manufacturing materials such as: iron ore, coal, steel, precious metals and vast mineral assets which are needed in most new modern era manufacturing. President Trump proposed we stopped selling these valuable national assets to countries we compete against – they belong to the American people; they should be used for the benefit of American citizens. Period. This was the central point of the Steel and Aluminum tariffs.
EXAMPLE: Prior to President Trump, China was buying and recycling our heavy (steel) and light (aluminum) metal products (for pennies on the original manufacturing dollar) and then using those metals to reproduce manufactured goods for sale back to the U.S.
As President, Donald Trump stopped that practice immediately, triggering a policy expectation that we do the manufacturing ourselves with the utilization of our own resources. Then he leveraged any sales of these raw materials in our international trade agreements.
When you combine FULL resource development (in a modern era) with the removal of over-burdensome regulatory and compliance systems, necessarily filled with enormous bureaucratic costs, Donald Trump began lowering the cost of production and the U.S. became globally competitive. In essence, Trump changed the economic paradigm, and we no longer were a dependent nation relying on a service driven economic model.
The cornerstone to the success of this economic turnaround was the keen capability of the U.S. worker to innovate on their own platforms. Americans, more than any country in the world, just know how to get things accomplished. Independence and self-sufficiency are part of the DNA of the larger American workforce.
In addition, as we saw in 2018 and 2019, an unquantifiable benefit came from investment, where the smart money play -to get increased return on investment- became putting capital INTO the U.S. economy, instead of purchasing foreign stocks.
With all of the above opportunities in mind, this is how President Trump put us on a pathway to rebuilding our national infrastructure.
The demand for labor increased, and as a consequence so too did the U.S. wage rate which was stagnant (or non-existent) for the past three decades.
As the wage rate increased, and as the economy expanded, the governmental dependency model was reshaped and simultaneously receipts to the U.S. treasury improved.
More money into the U.S Treasury and less dependence on welfare/social service programs have a combined exponential impact. You gain a dollar and have no need to spend a dollar – the saved sum is doubled. That was how the SSI and safety net programs were positioned under President Trump. Again, this is MAGAnomics.
When you elevate your America First economic thinking you begin to see that all of the “entitlements” or expenditures become more affordable with an economy that is fully functional.
As the GDP of the U.S. expands, so does our ability to meet the growing need of the retiring U.S. worker. We stop thinking about how to best divide a limited economic pie and begin thinking about how many more economic pies we can create. Simply put, we begin to….
…. Make America Great Again!
We know it works, because we have the results to cite.
It was the Fourth Quarter of 2019…..
Right before the pandemic would hit a few months later…. Despite two years of doomsayer predictions from Wall Street’s professional punditry, all of them saying Trump’s 2017 steel and aluminum tariffs on China, Canada and the EU would create massive inflation, it just wasn’t happening!
Overall year-over-year inflation was hovering around 1.7 percent [Table-A BLS]; yup, that was our inflation rate. The rate in the latter half of 2019 was firmed up with less month-over-month fluctuation, and the rate basically remained consistent. [See Below] The U.S. economy was on a smooth glide path, strong, stable and Main Street was growing with MAGAnomics at work.
A couple of important points. First, unleashing the energy sector to drive down overall costs to consumers and industry outputs was a key part of President Trump’s America-First MAGAnomic initiative. Lower energy prices help the worker economy, middle class and average American more than any other sector.
Which brings us to the second important point. Notice how food prices had very low year-over-year inflation, 0.5 percent. That is a combination of two key issues: low energy costs, and the fracturing of Big Ag hold on the farm production and the export dynamic:
(BLS) […] The index for food at home declined for the third month in a row, falling 0.2 percent. The index for meats, poultry, fish, and eggs decreased 0.7 percent in August as the index for eggs fell 2.6 percent. The index for fruits and vegetables, which rose in July, fell 0.5 percent in August; the index for fresh fruits declined 1.4 percent, but the index for fresh vegetables rose 0.4 percent. The index for cereals and bakery products fell 0.3 percent in August after rising 0.3 percent in July. (link)
For the previous twenty years food prices had been increasingly controlled by Big Ag, and not by normal supply and demand. The commodity market became a ‘controlled market’. U.S. food outputs (farm production) was controlled and exported to keep the U.S. consumer paying optimal prices.
President Trump’s trade reset was disrupting this process. As farm products were less exported the cost of the food in our supermarket became reconnected to a ‘more normal’ supply and demand cycle. Food prices dropped and our pantry costs were lowered.
The Commerce Dept. then announced that retail sales climbed by 0.4 percent in August 2019, twice as high as the 0.2 percent analysts had predicted. The result highlighted retail sales strength of more than 4 percent year-over-year. These excellent results came on the heels of blowout data in July, when households boosted purchases of cars and clothing.
The better-than-expected number stemmed largely from a 1.8 percent jump in spending vehicles. Online sales, meanwhile, also continued to climb, rising 1.6 percent. That’s similar to July 2019, when Amazon held its two-day, blowout Prime Day sale. (link)
Despite the efforts to remove and impeach President Trump, it did not look like middle-class America was overly concerned about the noise coming from the pundits. Likely that’s because blue-collar wages were higher, Main Street inflation was lower, and overall consumer confidence was strong. Yes, MAGAnomics was working.
Additionally, remember all those MSM hours and newspaper column inches where the professional financial pundits were claiming Trump’s tariffs were going to cause massive increases in prices of consumer goods?
Well, exactly the opposite happened [BLS report] Import prices were continuing to drop:
This was a really interesting dynamic that no-one in the professional punditry would dare explain.
Donald Trump’s tariffs were targeted to specific sectors of imported products. [Steel, Aluminum, and a host of smaller sectors etc.] However, when the EU and China respond by devaluing their currency, that approach hit all products imported, not just the tariff goods.
Because the EU and China were driving up the value of the dollar, everything we were importing became cheaper. Not just imports from Europe and China, but actually imports from everywhere. All imports were entering the U.S. at substantially lower prices.
This meant when we imported products, we were also importing deflation.
This price result is exactly the opposite of what the economic experts and Wall Street pundits predicted back in 2017 and 2018 when they were pushing the rapid price increase narrative.
Because all the export dependent economies were reacting with such urgency to retain their access to the U.S. market, aggregate import prices were actually lower than they were when the Trump tariffs began:
[…] Prices for imports from China edged down 0.1 percent in August following decreases of 0.2 percent in both July and June. Import prices from China have not advanced on a monthly basis since ticking up 0.1 percent in May 2018. The price index for imports from China fell 1.6 percent for the year ended in August.
[…] Import prices from the European Union fell 0.2 percent in August and 0.3 percent over the past 12 months.
So yes, we know President Trump can save Social Security and Medicare by expanding the economy with his America First economic policy. We do not need to guess if it is possible or listen to pundits theorize about his approach being some random ‘catch phrase’ disconnected from reality. Yes folks, we have the receipts.
This was MAGAnomics at work, and this is entirely what created the middle-class MAGA coalition. No other Republican candidate has this economic policy in their outlook because all other candidates are purchased by the Wall Street multinationals.
America First MAGAnomics is unique to President Trump because he is the only one independent enough to implement them.
That’s just the reality of the situation.
MAGA for life.
- Donald Trump American Solutions Part I
- Donald Trump American Solutions Part II
- Donald Trump “America First” Conservative Solutions Part III
- Donald Trump “America First” Conservative Solutions Part IV
Author’s note as said in 2016: “If I absolutely did not believe this economic model was doable, I would never expand the concept and place advocacy upon it. I am an absolute believer that we can, as a nation, reignite a solid manufacturing base and generate an expanding middle class.” Yes, I bet on Trump, and he was right.
I’m old enough to remember when the “smart” politicians fixed Social Security during Regan’s second term.
“Fixed it” so that it will always be the controversial hot button issue of the day that politicians can use as a way to keep the populous divided against one another. What better way for a scum-bag politician to get elected than to promise to give us our own money back in such a way that we thank them for the “gift”?
Should never have been created. The individual should have been encouraged to buy gold and silver with any excess salary. SS depends on a continuous flow of youth, and immigrants to lower wages.
SS, is telling people they don’t know how to save for the future. Individuals could have saved way more on their own, and forced the benefit class to work.
You can’t understand the premise behind SS unless you look at it in context. Did you know that FDR thought the program would self-extinguish in 1953?
And the life expectancy was about 62 as an average? So it was expected that the cost of SS would be nominal.
Hindsight is always 20/20.
Social Security was not designed as a retirement plan. It was intended to make sure no one went without food. Like any government program that is created, it will never be shut down.
that along with medicare is paid for by the rightful recipients over decades
Medicare has NEVER carried its own weight, and now that the gubmint added all the medical care for those on Disability into the patient category, it’s really broke.
The original medicare premium was under $4.
Social Security started payroll withholding in 1937 and was not to begin paying out until 1942.
There is an old Movietone newsreel that shws the postman bringing the first social security payment to first recipient. I do not recall the date but I’m almost positive it was well before ’42. (That person lived until to early 1970’s.) Ponzi anyone?
Then WWII started in Europe and the attack on Pearl Harbor December 7, 1941.
Much of what was received in SSA payroll withholding went to fight the Germans and Japanese.
Revenues received for the program that exceeded the cost of benefit payments were borrowed by the gov’t and it issued an IOU to the system.
That’s right, it was to keep seniors out of desperate poverty.
Along those lines it should be converted to an old age poverty insurance plan that is means tested and both the premiums (taxes) and benefits are reduced.
Alas, so many people are completely irresponsible about saving for retirement that it remains the bedrock of too many people’s retirement. Just look at all the videos on YouTube where people call in to Dave Ramsey with no retirement savings and six figures of debt at age 65.
SS was intentionally woven into people’s lives so as to make it universal, so that there would continue to be broad support for it and nobody would want to cut it. That is why they won’t means test it, even for the richest among us. Not unlike the National Health Service in England or school lunches here in America. Get everyone to think it is normal for the government to pay for your healthcare, your kid’s lunch at school, and your retirement.
it worked. Just try to propose reductions in benefits in any of these programs and look at the reaction.
BAN hedge funds and burn all free trade advocacy groups to the ground.
Republican Wall Street corporate policies suck.
Who is “Regan”?
Not a fan (now) of W, but he had a pretty good proposal for social security, to give younger people a choice of a more market oriented system that would put the assets in an individuals account. A system like this could have been much better than what we have now.
Evertrumper’s Social security plan:
– Individual accounts that could be inherited.
-Could have been set up with government guarantees by investing in government bonds and low volatility dividend ETF’s.
-Accounts would not be raided by politicians to fund stupid wars and stupid green new deals.
-At retirement monthly payments could be paid to account holder at 3-4% annual rate.
-Tremendous wealth effect for lower income people (that pols claim to care so much about) and the country as a whole.
-Contributions would be taxed (like SS is now), all withdrawals tax free.
-Voluntary contributions above a base amount
Sounds like fertile ground for incremental taxation. Idk if we’d end up with more or less, but it’s not a bad idea at first. The problem is, we are apathetic to laws harming us. We just take everything in the ass. So any new proposal is only gonna be beneficial for the first few years. Then the vultures pick it apart.
Look at what happened in Chile. It’s plan was created by Milton Friedman, on a EO by Pinochet shortly before he resigned, made Chile the most prosperous country in L.A., with the highest standard of living.
Now, it’s just another gubmint program, and Chile has gone socialist. So sad.
I might have considered that idea at one point in my life but seeing how our current government is willing to crash our economy, destroy our investments, and wipe out a lot of people’s retirement funds then I know longer like that idea. Their goal is to make us poor so that we can “save the planet”. They do not care about us. What they have done to us over the last 3 years have taught me how evil and selfish these demons are.
Stephen Moore and Steve Forbes are clowns.
The EU is embracing communist China instead of the US.
I guess they know which dictator to back.
https://www.cnbc.com/2023/01/20/china-must-be-in-france-says-its-diverging-with-washington-on-beijing-ties.html
This is what is happening, and America doesn’t like it.
You’re posting crap from Al Jazeera?? Really? Troll.
Take it easy 0 gauge.
The mods let it post.
Right to reply wears googly glasses like Steve Forbes.
I knew it the moment he came on stage in 2008. Everything about him and his “wife” is a lie.
I begged my black “Christian” friends to look at how he was. If he comported with scripture.
It split my bi-racial church. The blacks voted for Obama. Our former black “sisters in Christ” called us “rayciss”, etc..
They decided that they were black before they were followers of Christ.
Heartbreaking.
Tribe uber alles.
split our church, too. scripture didnt seem to matter…
And black before they were Americans.
Predictable.
I can fix Medicare and social security! Hire 87,000 agents to personally investigate every single SS and Medicare recipient … and purge the system of all the FRAUD and illegals collecting America’s taxpayer largesse. Done. Simple.
Oh lets give it to illegal’s they need it.
I agree in theory, Kenji. Fraud appears to be rampant in these programs. No surprise, when the unprincipled are involved.
The waste and fraud in gov’t is just astronomical. Some estimates in S. FL are up to 44%. And no one cares.
Better yet send 87,000 armed IRS Agents to Ukraine and let the Russian Army show them what a good fight really is!
Best suggestion yet!
The biggest component to America First and MAGAnomics is ending foreign wars. These god awful “elites” have a globalist manifest destiny mindset to expand PAX America by military force. It is bankrupting the country. Billions of dollars going to Ukraine but no money for Social Security and Medicare? Disgraceful!
Trump was the only candidate to excoriate the Bush clan for wasting trillions of dollars in the Middle East and trying to foot that bill on the backs of Americans who paid into these “entitlement” programs. Worse was the media promoting this dichotomy of the GOP being against entitlements and for the rich (true) and the Dems being for the people in protecting these programs even as the Dems were destroying these programs with their support of Pax America wars and their inane socialist policies such as Obamacare (which literally stole from Medicare) and Green New Deal.
Trump alone broke this paradigm and rejected both the warmongers (NeoCons) and the socialists in favor of the American people. His policies were bringing about peace in the Middle East, peace with North Korea and even peace with Russia by taking China down a peg with his economic nationalism. Trump was a brilliant foreign policy president and his leadership was going to pay huge dividends for generations.
Those dividends would more than pay for Social Security and Medicare because the defense spending would decline, because the U.S. would reindustialize, and because the US would collect billions in tariff revenue due to smart trade policies.
If the American people want to keep their hard earned benefits in Social Security and Medicare for generations, there’s only one choice to make in 2024. Vote Trump! MAGA
They thieves who helped themselves to the SS lockbox robbed Peter…and never paid Paul.
I don’t know if this has been mentioned but the man responsible for taxing SS benefits squats in the WH at this moment.
I suppose the way things are going this administration would call benefits “wealth” just so they could tax them again.
For a reference see California’s plan for such a tax, now going through their criminal cartel legislature…grotesque and I suspect, in the end, unconstitutional.
The “lockbox” was just a tool to fool some of the people all of the time. With or without the “lockbox” real benefits can only be paid by the real economy. That’s point of America First.
I think that’s called a “scam”. That’s what I call it…
Next up? 401Ks. You know they are all headed in that direction. It will be called (as in California) “wealth”.
All that money just sitting there. Wait for it.
Good post. imo. Thanks.
If you worked and contributed to SS, it is a retirement plan, not an entitlement. If you didn’t work and contribute, it is wefare. The two programs should be separate. Medicare is a tougher problem in that it is socialized medicine for older Americans. That too has been abused by expanding who qualifies based on age and not citizenship.
After Sundance explain here about Trump what Trump has done for America, yet you still have some people here that are against Trump go figure.
Is the Social Security payments to seniors the unsustainable part, or is it using the system designed to provide supplemental income to the retired as a catch-all for entitlements for people who have never contributed into the system and receive those payments starting long before they are near a retirement age?
Why is it that Social Security and Medicare are the first on the chopping block, yet there’s always going to be billions available for “foreign aid” for places like Ukraine?
It must be that the Washington Uniparty Establishment Grifters (politicians) don’t get kickbacks from SSA and Medicare nearly as much as they get from foreign aid….
A problem is that the SS (OADSI) program is part pension and part insurance. The two aspects aren’t adequately explained. In particular the insurance aspect of it. From the “old age” aspect of it, I view it as insurance against living much longer than average and thus out-living my assets.
here is a scenario to look at –
one pays into social security and medicare for 45 years
one starts taking it at 65
one dies at 73
who is screwing who?
It’s why they specifically designed CV19. Killed off a lot of SS/Medicare beneficiaries and many even before they collected.
That saved them a lot of money. Then you got the war in Ukraine…
Yep!!
Good question – as well as billions to be given to all the “underprivileged” yet able-bodied men aged 18-30 who traipse across our border carrying flags of “their” country.
Pretty much.
Toss a couple billion into those funds on the annual,
or into something else infrastructure,
instead of giving it to people like Zelensky.
Thats the kind of thing that PDJT was into.
How many loaves of bread do I get for flashing my Ukraine pin?
MAGA receipts for life! Yay Team!
As The Donald says in my favorite motivational speech….”treat the word impossible as nothing more than motivation”.
No doubt, given the destruction caused in the cabbage patch at 1600, The Donald already has plans in his mind’s place to rejuvenate this dying harvest!
The RNC needs to lead, follow or get out of the way. I opt for getting out of the way.
The GOP has done nothing except FOLLOW for decades, incapable of leading at this point without a clear leader such as Trump! Best thing would be to just get out of the way for a MAGA party!
Not spending taxpayers $ on endless wars would make a huge difference.
Imagine building and repairing our roads, bridges, railways, water and waste systems instead of doing that for other countries.
Not to mention protecting our borders instead. Just a thought.
And maintaining our electrical infrastructure.
But what about those poor workers at Raytheon, General Dynamics, etc?
Wont they be hurt? I hear the MIC severance pay isn’t what it used to be.
These are tech workers. Instead of creating tech to kill people they would be redistributed among tech companies serving the consumer not to mention the space industry needs workers as well.
Not spending taxpayers $ on endless wars would make a huge difference
Well, for a start, how about Not spending taxpayers $ on OTHER PEOPLES’ endless wars …
Something else that PDJT wanted was busting up these federal depts.
Suddenly lots of people quit when that so-called job was out in Kansas or somewhere.
Fast track to draining some of the leeches on the dole.
If my employer offered to move me to “Kansas or somewhere” far away from the big Dem. cities, I would gladly accept the offer.
What a fabulous article that explains maganomics in detail. The break down of utility costs, tariffs, and growth in manufacturing demonstrates why President Trump, is correct and the Wall Street pundits are trying to destroy us.
Yet this summary does not mention how all this was achieved during the China Virus, and rogue democrat governors began the destruction process of the small to medium sized business.
Great article!
Trump tried to save small businesses with his PPP “loans” which were grants. Unfortunately, many small business owners didn’t return the favor and vote for Trump who really did save their rear ends!
I miss this man in his entirety.
Sundance analysis is spot on. Growing the US economy is the solution to SS/Medicare. Everything else is just accounting smoke screen. Proggie sites have pointed out that by law, SS trust fund invests in special US Treasuries. All you need to do, by law, is mandate those Treasuries pay some nominal interest rate — say 10% and voila, the trust fund is magically solvent. That’s just accounting. It’s the real economy that has to actually fund the benefit.
Fat ass Klien is stepping down
Wonder where old triple chin is moving on to?
This is the message Trump should hammer over and over again. I did it. Here is the proof. I can do it again.
Over and over and over and over again.
We get that part–it’s the turn the other cheek to the voter fraud I don’t get…
If the Government would have kept their figures out of Social Security honey pot there would be plenty in it but they saw ready cash and kept funding other programs with it.
All of the Presidents have taken money out of Social Security.
ilDonaldoTrumpo
@ilDonaldoTrumpo
21h
·
BOOOM!!! THE SWAMP IS REAL!!!
https://gab.com/ilDonaldoTrumpo/posts/109723971397898774
IlDonaldoTrumpo gab
I LOVE TUCKER ON SAVAGE MODE!!!🤣🤣🤣
https://rumble.com/v26jkne-booom.html
Amerians should be free to manage their own money in whatever way they chose. Money confiscated from my paycheck for Social Security is money I could more productively save and invest on my own. In doing so, I could also contribute to national wealth, by investing in productive economic activity of my choice.
As for Medicare, funds could be allocated more effectively to prevent chronic diseases, through healthy diet, lifestyle and exercise, rather than focusing on treatment of symptoms.
So much of what FedGov does is wrongheaded.
Critical Point: They must be taught/learn the many ways to accomplish this! Economics (real) has not been taught/learned for decades.
When I go into the store its not the young on the cash registered, stocking shelves, or bring in carts and its not Baby-boomers its people in their 80 who need extra money to get bye and are still able and willing to work. ow the government want to take away their living that they have earned.WHY?
Just imagine what he could have achieved if ALL his team had been behind him,instead of working AGAINST him.
THIS!
I thought Social Security funds were in a lock box. What happened to that lock box? Was it found in Joe’s garage?
Demorats opened that lockbox decades ago.
Al and his fellow Globalist opened the ” lohk box” and spent it all on child slavery lithium batteries for the Green new Steal.
A good part of the Vietnam War was paid for with SS money.
1968, LBJ’s “Unified Budget”, borrowed all the surplus out, for years and years. It covered the real extent of the deficit spending, hundreds of billions of $$, until it ran out in 2010.
And then they wouldn’t stop the deficit spending, so the debt grew and grew.
Insane.
Ignorance is bliss. If it had not been for Trump and his common sense America-First agenda we would not know how miserable we are and what a corrupt government we really have. He woke us all up. Sometimes I wish I was still asleep.
Not just a post but a white paper on America’s return to solvency via MAGAnomics…brilliant…
BINGO- great over view –
Thank you
Thank You, Sundance. The education continues. Time for a ‘dues’ payment.
People paid into social security and medicare, so it should be honored. With that said, social security, medicare, and even public education is literally communism and unconstitutional. The government fails at everything it does also including those 3 programs. All 3 should be eliminated. The people that paid into it should get SS and medicare for their rest of their lives, but for others it should be eliminated completely. I am disappointed that so many so called conservatives support public education.
After the war my dad went to work for the state government and opted out of SS. Never paid in, never had any benefit, mom had to take SS on her own earnings during the war building bombers plus whatever she did before I was born and she went full time homemaker. Hence, I guess it was possible for some people to opt out. Dad still had Medicare and the state paid his premiums as part of his pension deal.
If one doesn’t have 40 quarters (10 years overall), that can be a roadblock too.
Given how things are going across all fronts, I’m happy I chose to take an early payout and will play the poverty game unless or until things improve. Else, alternative economy.
I think your suggestion of eliminating the programs is wise. Normally I wouldn’t write that but right now, how things are going right now, today, both in government and society, perhaps it’s time for a change. If they did a hard cut, taking out we current recipients, that could rile up a bunch of war vets currently on SS and get us the war I’ve been planning for. Life provides.
The teachers unions are literally organized crime.
Biggest mistake of them all and biggest policy failure of the GOP last 40 years, was not getting school vouchers in place. Trump had a simple tax fix to address school choice but of course they stole the election to stop him
Trade Bolton for Abe Shinzo anyday. I will throw in a Turtle, a Ron sanctimonious, and your choice of any other rino.
RIP Abe
This is so VERY sick–Government have spend Trillions over the last couple of decades, yet want to put even more Americans on the street.
If SS and/or medicare are just eliminated then there are millions of Americans who are WAY past working age, and will be homeless.
Great post, K.
The whole currency will come down soon, and the politicians want to extract every penny from us, our children, and grandchildren, and escape to a safe place before it all comes down.
There’s $7 TRILLION in retirement funds in the US. They want it all.
Thanks I will have to read several times. Additionally, there is a the Ukraine War, a proxy war, that is devastating Ukraine. $100 billion US dollars to kill and destroy. What is the US interest? This would not have happened under Pres. Trump.
Laundered back to the politicians pockets.
That’s why Biden was pushing for the Russians to invade Ukraine.
President Trump drives policy with his love of country and it’s people; most all others forsake all of this for greed, covetousness, lust, envy, gluttony, sloth.
Truth bomb from Chris Hayes – LOL
https://mobile.twitter.com/molly_knight/status/1615781328070529024
Whoops – this –
I wrote a similar piece in 2015 recognizing that Trump and the Trump approach could easily save the entire system. https://www.theburningplatform.com/2015/11/10/maff/
This seems like the perfect time to remember George Carlin and the Big Club we ain’t in.
They’re coming after your Social Security and you know what? They’re going to get it.
Did the fourth branch of government just blow itself up? Now we wait and see., if grandmother and grandfather will go hungry without Social Security and Medicare.
When the Executive branch of government and Congress pass a budget that is beyond realistic, thereby forcing the working class of people to react in order to save Social Security and Medicare.
Everyone realizes that this huge budget is to support military conflicts and far left wing agendas approved of by the fourth branch of unelected bureaucrats.
Can’t wait for The TRUMP RESET.
What a long strange trip it has been. I took this screen name the night DJT rode down the golden escalator. And yet here I say I have no intention to support or vote for him.
WHAT? A long trail of failures, starting with hiring nothing but deep state hacks for his administration, to the failure to secure the ’18 midterms, to the vaxx,his failure to pardon the Jan-6 crew, to not crossing the Rubicon. And now to buff up a spectacular history of supporting Congress critters that hate him and us, he will rally with Lindsay Graham.
What’s the point? Trump, the second time around shows strong signs of being just Trump 45. I will probably stay home, but if I vote I will lean communist. Let’s light this thing up.
Guys, SS is a ponzi scheme. It needs to be phased out. Trump is wrong here, but it definitely plays to the left of a Conservative. Since Trump is not a conservative specifically I worry about another term at this point.
Yeah lesson To president Trump
GOP Rinos,
I have heard that some SS money is being used as part of the general fund, which diminishes the amount in the account and throws the whole SS plans in danger.
I am vague on details but certainly do not want to see SS benefits cut.