@MontereyJack,
A prediction cannot be non-factual since predictions and facts are two different things.
And let's see how silly my prediction is after election day 2032.
@oralloy,
that a given statement is a prediction can be factual, but that doesn't maje the prediction factual. it has no factual basis, if it's pure fantasy, like so many of yours it's not factual. Your prediction can be proven wrong in 2020, 2024, 2028 and 2032. And given the facts that the demographics of the country are rapidly cnaging and wil continue to do so, and your base is aging and dying out and milenials have no sympathy for you, and that Hilary in fact won the vote and trump only got in because of a statistical fluke in the EC, which is unlikely to repeat, I predict you'll be proven wrong wel before 2032. Them's the facts, 20 year cycles are the fantasy.
Pretty sure your vision is the more bizarre, at this point, William.
@oralloy,
I've already pointed out your factual errors. You are blind, deaf and dumb when your silly opinions are challenged, and your false statements are identified. There is no "cycle" of 20 years in American electoral history. You seem to be one of the most deluded peopole posting here. I recommend psychological counseling.
Back to the communes. Montana may be safe for those of us subversives who aren’t dragged out of bed in the night and shipped off to gulags to make warheads.
Better practice those loyalty oaths.
@MontereyJack,
MontereyJack wrote:that a given statement is a prediction can be factual, but that doesn't maje the prediction factual. it has no factual basis, if it's pure fantasy, like so many of yours it's not factual.
Again, predictions are neither factual nor nonfactual. Predictions and facts are two different things.
MontereyJack wrote:Your prediction can be proven wrong in 2020, 2024, 2028 and 2032.
It could have been proven wrong in 2016 too. But guess who's President.
MontereyJack wrote:And given the facts that the demographics of the country are rapidly cnaging and wil continue to do so, and your base is aging and dying out and milenials have no sympathy for you, and that Hilary in fact won the vote and trump only got in because of a statistical fluke in the EC, which is unlikely to repeat, I predict you'll be proven wrong wel before 2032.
We'll see.
MontereyJack wrote:Them's the facts, 20 year cycles are the fantasy.
Wrong.
Thomas Jefferson.
Abraham Lincoln.
FDR.
@Setanta,
Setanta wrote:I've already pointed out your factual errors.
That is incorrect. No one has pointed out a single error on my part.
Setanta wrote:You are blind, deaf and dumb when your silly opinions are challenged, and your false statements are identified.
It's more the fact that no one can point out any such errors.
Setanta wrote:There is no "cycle" of 20 years in American electoral history.
Sure there is.
Thomas Jefferson.
Abraham Lincoln.
FDR.
Setanta wrote:You seem to be one of the most deluded peopole posting here.
Strange how no one can point out anything that I'm wrong about.
Setanta wrote:I recommend psychological counseling.
For having pointed out facts that the left doesn't want to hear?
Nah.
@hightor,
If it wasn't for bullshit, your life would really be empty, wouldn't it? "Global warming(TM)", "fossil fuel(TM)", Malthusianism......
@oralloy,
You continue to make false statements. You're deluded and you consistently lie. There is no such cycle, and that has been pointed out to you, with facts to support the rejection of your bullshit. You're a waste of time.
@Setanta,
Setanta wrote:You continue to make false statements. You're deluded and you consistently lie.
Your inability to list a single error that I've made shows that your statements about me are untrue.
Setanta wrote:There is no such cycle,
That is incorrect.
Thomas Jefferson.
Abraham Lincoln.
FDR.
Setanta wrote:and that has been pointed out to you,
Baseless denials of reality hardly count for anything.
Setanta wrote:with facts to support the rejection
That is incorrect. There are no facts that contradict the reality that Thomas Jefferson, Abraham Lincoln, and FDR all led off a period where their party won presidential elections for at least twenty years.
Setanta wrote:of your bullshit.
Reality is hardly BS.
Setanta wrote:You're a waste of time.
Posting facts is never a waste of time.
Social Security expansion bill poised to gain traction in Congress
PUBLISHED SAT, FEB 23 2019 • 11:00 AM EST
Sarah O’Brien
As Social Security’s funding problems loom ever closer on the horizon, the program has emerged as a pet project on many lawmakers’ fix-it list.
Now in control of the House, Democrats have thrown their weight behind a measure that would extend and expand the program — largely by asking high earners to pony up, along with a gradual increase in the Social Security tax rate that applies to workers’ income.
“Democrats have agreed that we should expand, not cut, Social Security and have the wealthy pay their share,” said Nancy Altman, president of advocacy group Social Security Works.
Due to a variety of factors — including an aging demographic, longer life spans, lower birth rates and the widening income gap — the Social Security Trustees 2018 report projects that beneficiaries will see a 21 percent cut in benefits by 2034 unless Congress takes action to prevent the funding shortfall. The Congressional Budget Office’s estimate is more dire, pegging the year at 2031.
More than 200 lawmakers, all Democrats, have signed onto the Social Security 2100 Act in the House. Introduced by Rep. John Larson, D-Connecticut, the bill would require that earnings above $400,000 be subject to the payroll tax that funds the program.
Currently, earnings above a certain level — $132,900 for 2019 — are not subject to Social Security taxation. This means someone who makes $132,900 pays the same amount into the program as someone earning, say, $1 million.
A CBO report released in December shows that because earnings for the highest-paid workers have grown faster than the average wage, about 83 percent of earnings fell below the Social Security’s taxable wage cap in 2016, down from 90 percent in 1983.
“When Congress enacted Social Security changes in 1983, no one anticipated the income stagnation,” Altman said.
The bill also would gradually increase the payroll contribution by workers and employers to 7.4 percent each by 2043 from 6.2 percent (to 14.8 percent altogether from the current 12.4 percent).
Social Security recipients also would benefit, getting an increase of about 2 percent of average benefits. And, the yearly cost-of-living adjustment — called COLA — would use a different formula to determine annual bumps intended to more accurately reflects rising costs for older Americans.
Additionally, the bill also would create a new minimum benefit set at 125 percent of the poverty line and take other steps to ease financial pressure on retirees, including doubling the amount of Social Security income that isn’t subject to taxation.
The end result would be extended solvency for the program for 75 years, according to Social Security’s Office of the Chief Actuary.
A recent poll conducted by The Senior Citizens League of its members explored what they thought the new Congress should focus on. Boosting Social Security benefits was cited by 42 percent, followed by reducing taxation of those benefits at 31 percent (reducing prescription drug prices came in third, at 18 percent).
“I think there’s a growing sense that something needs to be done,” said Mary Johnson, Social Security and Medicare policy analyst for the league. “It can take time to get legislation with many moving parts up and running, so you need to allow time to phase in changes.”
However, congressional Republicans typically have balked at the idea of expanding the program due to the associated higher taxes that would come with it, and past GOP proposals have advocated reducing benefits as a way to ease the program’s financial woes.
And, not everyone supports a program expansion.
“Expanding benefits could help low-income retirees, but middle and high-income workers would likely reduce their personal savings in response to higher expected Social Security benefits,” said Andrew Biggs a resident scholar of the American Enterprise Institute, according to written testimony presented at recent congressional hearing about retirement security. Biggs was a deputy commissioner of Social Security under President George W. Bush.
Biggs also said that while tax increases would eliminate shortfalls, higher taxes could increase borrowing and debt by low-income workers and reduce work and encourage tax evasion by higher earners, according to his written testimony.
While it’s not certain whether Larson’s bill would be able to clear the House in its present form anyway, a a Democrat-controlled House bodes well that it could progress.
However, as with most major pieces of legislation, it could go through various iterations before facing approval or rejection by the full House. And even if it made it through, the measure would also need approval from the Republican-dominated Senate, where priorities could be much different.
“If it gets through the House, and then goes to the Senate and doesn’t get brought up for debate or a vote, it’s going to be a 2020 election campaign issue,” Altman said.
@neptuneblue,
neptuneblue wrote:
Social Security expansion bill poised to gain traction in Congress
PUBLISHED SAT, FEB 23 2019 • 11:00 AM EST
Sarah O’Brien
As Social Security’s funding problems loom ever closer on the horizon, the program has emerged as a pet project on many lawmakers’ fix-it list.
Now in control of the House, Democrats have thrown their weight behind a measure that would extend and expand the program — largely by asking high earners to pony up, along with a gradual increase in the Social Security tax rate that applies to workers’ income.
When you have a hundred of so citizens with more networth then the rest of society as a whole I see no problem with taxing them to keep SS going an until Trump or someone like Trump but brighter can completely do away with the say the rest of us have at the poll SS is completely safe.
“Democrats have agreed that we should expand, not cut, Social Security and have the wealthy pay their share,” said Nancy Altman, president of advocacy group Social Security Works.
Due to a variety of factors — including an aging demographic, longer life spans, lower birth rates and the widening income gap — the Social Security Trustees 2018 report projects that beneficiaries will see a 21 percent cut in benefits by 2034 unless Congress takes action to prevent the funding shortfall. The Congressional Budget Office’s estimate is more dire, pegging the year at 2031.
More than 200 lawmakers, all Democrats, have signed onto the Social Security 2100 Act in the House. Introduced by Rep. John Larson, D-Connecticut, the bill would require that earnings above $400,000 be subject to the payroll tax that funds the program.
Currently, earnings above a certain level — $132,900 for 2019 — are not subject to Social Security taxation. This means someone who makes $132,900 pays the same amount into the program as someone earning, say, $1 million.
A CBO report released in December shows that because earnings for the highest-paid workers have grown faster than the average wage, about 83 percent of earnings fell below the Social Security’s taxable wage cap in 2016, down from 90 percent in 1983.
“When Congress enacted Social Security changes in 1983, no one anticipated the income stagnation,” Altman said.
The bill also would gradually increase the payroll contribution by workers and employers to 7.4 percent each by 2043 from 6.2 percent (to 14.8 percent altogether from the current 12.4 percent).
Social Security recipients also would benefit, getting an increase of about 2 percent of average benefits. And, the yearly cost-of-living adjustment — called COLA — would use a different formula to determine annual bumps intended to more accurately reflects rising costs for older Americans.
Additionally, the bill also would create a new minimum benefit set at 125 percent of the poverty line and take other steps to ease financial pressure on retirees, including doubling the amount of Social Security income that isn’t subject to taxation.
The end result would be extended solvency for the program for 75 years, according to Social Security’s Office of the Chief Actuary.
A recent poll conducted by The Senior Citizens League of its members explored what they thought the new Congress should focus on. Boosting Social Security benefits was cited by 42 percent, followed by reducing taxation of those benefits at 31 percent (reducing prescription drug prices came in third, at 18 percent).
“I think there’s a growing sense that something needs to be done,” said Mary Johnson, Social Security and Medicare policy analyst for the league. “It can take time to get legislation with many moving parts up and running, so you need to allow time to phase in changes.”
However, congressional Republicans typically have balked at the idea of expanding the program due to the associated higher taxes that would come with it, and past GOP proposals have advocated reducing benefits as a way to ease the program’s financial woes.
And, not everyone supports a program expansion.
“Expanding benefits could help low-income retirees, but middle and high-income workers would likely reduce their personal savings in response to higher expected Social Security benefits,” said Andrew Biggs a resident scholar of the American Enterprise Institute, according to written testimony presented at recent congressional hearing about retirement security. Biggs was a deputy commissioner of Social Security under President George W. Bush.
Biggs also said that while tax increases would eliminate shortfalls, higher taxes could increase borrowing and debt by low-income workers and reduce work and encourage tax evasion by higher earners, according to his written testimony.
While it’s not certain whether Larson’s bill would be able to clear the House in its present form anyway, a a Democrat-controlled House bodes well that it could progress.
However, as with most major pieces of legislation, it could go through various iterations before facing approval or rejection by the full House. And even if it made it through, the measure would also need approval from the Republican-dominated Senate, where priorities could be much different.
“If it gets through the House, and then goes to the Senate and doesn’t get brought up for debate or a vote, it’s going to be a 2020 election campaign issue,” Altman said.
Given that somewhere in the range of a 100 citizens have more net worth then the rest of society in total there is nothing to stop the transfer back and I repeat back to the rest of us such fundings at least until and if the GOP can stop the rest of us from having a say in our government.
@oralloy,
The Republicans did not and have never won presidential elections for a period of 20 years. You continuing to maunder about how you are never wrong does not alter that
fact. The Democratic-Republicans did win the presidency from 1800 to 1824--although as I have pointed out, after 1816, there was no second party to challenge them. As MJ pointed out to you more than once, there is no such cycle in American politics. Here is the common definition of cycle:
a series of events that are regularly repeated in the same order.. This has simply not happened. You are delusional, and can't see it; you are profoundly ignorant, especially of history, and won't acknowledge it. In short, you are not very bright, and that's why you are so often certain of things which in fact have never happened. This "20 year cycle" bullshit is a prime example.
@BillRM,
BillRM wrote:
there is nothing to stop the transfer back
There's plenty, lawyers, tax havens, lobbyists, advertisers, control of the Media and a largely deferential electorate.
@Setanta,
Setanta wrote:The Republicans did not and have never won presidential elections for a period of 20 years.
Wrong.
1860, 1864, 1868, 1872, 1876, 1880.
Setanta wrote:The Democratic-Republicans did win the presidency from 1800 to 1824--although as I have pointed out, after 1816, there was no second party to challenge them.
So I was correct to cite them as an example.
Perhaps if we outlaw the Democratic Party we will see a similar situation today.
Setanta wrote:As MJ pointed out to you more than once, there is no such cycle in American politics. Here is the common definition of cycle: a series of events that are regularly repeated in the same order.. This has simply not happened.
There have been three occurrences where a party has constantly won the White Hose for a period of at least 20 years.
Setanta wrote:You are delusional, and can't see it; you are profoundly ignorant, especially of history, and won't acknowledge it.
Funny how no one can point out a single thing that I am wrong about.
Setanta wrote:In short, you are not very bright,
Wrong again. My IQ is 170.
Setanta wrote:and that's why you are so often certain of things which in fact have never happened.
Everything that I am certain of can be backed up with reliable cites.
Setanta wrote:This "20 year cycle" bullshit is a prime example.
The existence of Thomas Jefferson, Abraham Lincoln and FDR, and of the 20+ year periods of their parties winning presidential elections, is hardly BS.