Ithaca 37
New member
Don't forget that as almost every one of these dams fill up with silt they hold less water and eventually become worthless for storing water.
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Theres one little quote I found...
http://home.att.net/~mwhodges/soc_sec.htm
It's even got lots of little bar graphs and things....
How then can we put some Social Security money in private accounts and keep paying retirees' benefits? The short answer is that Social Security is already $12.8 trillion in debt.
Lets see... $12.8 Trillion that still looks like a bigger number yet of the ones you posted... matter of fact, the numbers look to be thousnads of percetages bigger than the numbers you came up with, and I have only been searching for less than 3 minutes...
Hmm.... Lets see what else we can find from other sources about this ass stomping your giving me..
Before I go on, a simple google search or even the lesser search engines would have made it so you didn't look so silly...
and to think you were spouting crap here not more than a month or so ago about you not stating any thing you didn't know about to make yourself look foolish...
Hmmmm...
Back to this silly little search seeing as it is you who thinks making people look foolish is so important...
Workers currently pay Social Security taxes on the first $90,000 of their wages. Some people have suggested that the cap be raised or even eliminated altogether. The result would be the largest tax increase in U.S. history, $541 billion in new taxes over the first five years alone. That tax increase would fall primarily, not on the superrich, but on many upper-middle-class families and small businesses. Many experts believe that such an enormous tax increase would hurt the U.S. economy and cost millions of jobs. Even worse, it would do relatively little to fix Social Security. Studies show that removing the tax cap altogether would extend the solvency of Social Security by only seven years.
This is just a little side note for any interested...
Even though the dams create huge sums of money from tax payers, they don't compair even a little to the sums of money spent and the money that will be robbed from us all if this goes thru...
The revenue robbed in one month for SS would pretty much buy all the dams in the US....
The future of the dams while yes would be expensive come no where near the amounts of moneys needed to support the SS system...
For example, in 2027 Social Security will run a payroll tax deficit of $200 billion (in today's dollars). If we didn't have a trust fund, we'd need to raise taxes or cut other spending by $200 billion. But we do have a trust fund. Yet to repay the fund's bonds, we still need to raise taxes, borrow, or cut other spending by $200 billion.
And that will be for only one year...
LMAO Buzz....
$200 Billion....
I just looked at your numbers and all of them added up together doesn't come to this one, and it is only for one year of projected moneys that will be needed for one year...
Heck, the Mexicans don't have much of a SS system and they still spend as much a year as you are talking about for the dams...
MEXICO CITY, Sep 02, 2004 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Between 2000 and 2003, spending on social security in the Mexican Social Security Institute (IMSS) increased from 132.58 billion pesos (US$11.52 billion) to 177.51 billion pesos (US$15.42 billion), which was an increase of 33.8%. In the meantime, spending in the Social Security and Services Institute for State Workers (ISSSTE) climbed from 39.63 billion pesos (US$3.44 billion) to 58.08 billion pesos (US$5.05 billion), according to the figures announced in the notes of the IV ...
I think this post is long enough for now...
Just because I don't do these silly searches all the time Buzz, don't mean I can't...
It isn't a hard process and when some one is wanting to rub my nose in some thing that is so lop sided and silly as this....
Well....
Theres your answers...
If any one else is interested...
Type "Social Security Spending" into your search...
You will come up with litterally millions of sights to look at... mine came up with 6,290,000 results...
Got any more ass stomping you want to do Buzz???
It isnt semantics, its called facts.