I'm not calling it welfare since it is to make up for losses related to a specific policy of the gov't. Unless it becomes the yearly norm like so many other farm subsidies. But certainly selective in that he wants to keep them in the camp.
So his trade war is causing farmers to go broke and the solution is to give them tax-payer money as welfare. That doesn’t sound like Republican policy at all.
Will the farmers have to take a drug test and come up clean to get their welfare money?
The "stimulus" was enacted to address the Great Recession which, unless the "followers" are now prepared to completely forget that time period and call it "fake news", was a very real and harsh period in our pretty recent history. It was borne of GOP led policy decisions under the helm of G.W. Bush. It included the huge housing bubble in which millions of Americans lost their homes and massive home value. It included the failure of major banking and financial institutions due to lax regulatory environs. It almost included the failure of the American auto industry which, if not for the stimulus, would have happened. Significantly and oft forgotten by the folks on the right, the stimulus plan was actually a GOP plan which was being developed in the fall of 2008 heading into the election. G.W. Bush's team developed it and it was going to be either Obama's or John McCain's decision on whether to implement it once they took office on Jan 20th of 2009. (side bar note here....I did not vote for Obama in 2009). The decision was made to proceed to save major industry and pull the nation out of widespread grave economic conditions vs. political expediency. In fact, it immediately put the black guy in the White House into political battles.
Trump's 2018 Bailout of Farmers meanwhile, is his idea and is due entirely to his idea to engage in an ill advised trade war to show his orange peacock feathers off and is completely being done for political reasons to keep he and the GOP from losing the political support of farmers.
The trust fund was reimbursed...the entire payroll tax cut was restored to the trust fund. It was paid into the trust fund by the general fund of the United States Treasury.
read the words underneath the table showing that the trust fund grew. Look at the numbers in the table. It was pretty clear, I thought, but I also suffer from dunning kruger.
We definitely ran huge federal deficits in 2011 and 2012. So the federal government borrowed money by issuing "normal" federal bonds to buy "special" federal bonds for the SS trust fund.
We basically just moved the debt obligation from the SS enrollees to the normal taxpayer - you didn't "make up funding", you just borrowed from a different source. And given that the trust fund is going to be exhausted, the normal taxpayer is going to have to fund SS eventual deficits anyway.
"This is becoming more and more like a Soviet-type of economy here. Commissars deciding who should be granted waivers. Commissars in the administration trying to figure out how they're going to sprinkle around benefits."
I can am both a taxpayer and a SS enrollee. I will be paying federal non-payroll taxes my whole life.
My future SS benefits are paid for by my current payroll taxes. If you cut my current payroll taxes and then make it up by saying future me will pay more federal taxes, it's not "making up funding" - I'm just paying for my own benefits.
The only winner in that bullshit accounting is people already receiving Social Security and those about to. Guess it's a Boomer Bailout.
It is quite a remarkable logical stretch to argue that a tax cut (that has ZERO impact on the trust fund) is the equivalent of "cutting funding" for social security.
By your logic, any tax cut (and/or every spending increase) is the equivalent of cutting the defense budget.
That's obviously silly, think about it.
Back to Dotard's farmer bailout (is that a $12 billion cut to social security, or is it a cut to defense?):
>>>"This is becoming more and more like a Soviet-type of economy here. Commissars deciding who should be granted waivers. Commissars in the administration trying to figure out how they're going to sprinkle around benefits."
President Trump is considering a Depression-era program to help bail out American farmers hurt by the trade dispute with China, two people familiar with the process said.
Trump’s aides are looking at ways to use the Commodity Credit Corporation, a division of the Agriculture Department that was created in 1933 to offer a financial backstop for farmers.
Top of Page Bottom of Page PermalinkFull Name: Alias botb
on Tuesday, July 24, 2018 – 12:22 pm
I'm not calling it welfare
I'm not calling it welfare since it is to make up for losses related to a specific policy of the gov't. Unless it becomes the yearly norm like so many other farm subsidies. But certainly selective in that he wants to keep them in the camp.
Top of Page Bottom of Page PermalinkFull Name: Ausonius Thom2
on Tuesday, July 24, 2018 – 02:36 pm
And this is different from
And this is different from the "stimulus" how?
Top of Page Bottom of Page PermalinkFull Name: smokestack lightning
on Tuesday, July 24, 2018 – 02:41 pm
just remember what you’re
Top of Page Bottom of Page PermalinkFull Name: Strangha Slickrock
on Tuesday, July 24, 2018 – 03:09 pm
Shoot, I thought the economy
Shoot, I thought the economy was booming? What happened to the growth from the massive tax cuts? Things seem askew.
Top of Page Bottom of Page PermalinkFull Name: That’s Nancy with the laughin’ face Nancyinthesky
on Tuesday, July 24, 2018 – 03:26 pm
The GOP are working to raid
The GOP are working to raid Social security funds.
Top of Page Bottom of Page PermalinkFull Name: _ ender
on Tuesday, July 24, 2018 – 03:39 pm
>> The GOP are working to
>> The GOP are working to raid Social security funds.
How can they can steal money that has already been spent and replaced with T-bills?
Top of Page Bottom of Page PermalinkFull Name: long live the dead love matters
on Tuesday, July 24, 2018 – 04:01 pm
I really do not like calling
I really do not like calling people names ......however an exception must be made.....
ThomTard - do you actually have a mirror, so that when you look at it, it accurately reflects who you are
you are an amazing Zoner on many levels -just go to the show, and perhaps stop embarrassing yourself
peace
Top of Page Bottom of Page PermalinkFull Name: _________ Plf9905
on Tuesday, July 24, 2018 – 04:28 pm
Dotard is an Idiot and So is
Dotard is an Idiot and So is Ivanka
Top of Page Bottom of Page PermalinkFull Name: That’s Nancy with the laughin’ face Nancyinthesky
on Tuesday, July 24, 2018 – 06:04 pm
>How can they can steal money
>How can they can steal money that has already been spent and replaced with T-bills?
The GOP budget proposals do indeed call for cuts to "entitlement programs" - including Social Security.
https://www.washingtonpost.com/news/business/wp/2018/06/19/house-gop-pla...
https://www.denverpost.com/2018/06/20/medicare-social-security-cuts-budget/
Top of Page Bottom of Page PermalinkFull Name: Bucky Badger On Wisconsin
on Tuesday, July 24, 2018 – 07:12 pm
So his trade war is causing
So his trade war is causing farmers to go broke and the solution is to give them tax-payer money as welfare. That doesn’t sound like Republican policy at all.
Will the farmers have to take a drug test and come up clean to get their welfare money?
Top of Page Bottom of Page PermalinkFull Name: gypsy tailwind T.O.D.
on Tuesday, July 24, 2018 – 07:24 pm
Republicans love their
Republicans love their Bailouts.
Top of Page Bottom of Page PermalinkFull Name: _ ender
on Tuesday, July 24, 2018 – 08:57 pm
>> The GOP budget proposals
>> The GOP budget proposals do indeed call for cuts to "entitlement programs" - including Social Security.
Cutting funding is not the same as "raiding funds". In case you forgot, the last administration cut Social Security and Medicare payroll taxes (ie funding) by 2% for several years.
Like Thom suggested, every administration and their constituents like their party's "stimulus".
Top of Page Bottom of Page PermalinkFull Name: good at drinking water infinite ignorance
on Tuesday, July 24, 2018 – 10:19 pm
the general budget made up
the general budget made up the funding, ender.
Top of Page Bottom of Page PermalinkFull Name: good at drinking water infinite ignorance
on Tuesday, July 24, 2018 – 10:27 pm
https://www.ssa.gov/oact/TR
https://www.ssa.gov/oact/TR/2013/II_B_cyoper.html
you would never know this by reading media accounts.
Journalists are mostly idiot assholes who can’t do math or research basic facts.
Top of Page Bottom of Page PermalinkFull Name: Markd (not MarkD) Mdono1
on Wednesday, July 25, 2018 – 07:05 am
Thomas O' Bagenhammers
Thom2 on Tuesday, July 24, 2018 – 02:36 pm
And this is different from the "stimulus" how?
Let us count the ways............
The "stimulus" was enacted to address the Great Recession which, unless the "followers" are now prepared to completely forget that time period and call it "fake news", was a very real and harsh period in our pretty recent history. It was borne of GOP led policy decisions under the helm of G.W. Bush. It included the huge housing bubble in which millions of Americans lost their homes and massive home value. It included the failure of major banking and financial institutions due to lax regulatory environs. It almost included the failure of the American auto industry which, if not for the stimulus, would have happened. Significantly and oft forgotten by the folks on the right, the stimulus plan was actually a GOP plan which was being developed in the fall of 2008 heading into the election. G.W. Bush's team developed it and it was going to be either Obama's or John McCain's decision on whether to implement it once they took office on Jan 20th of 2009. (side bar note here....I did not vote for Obama in 2009). The decision was made to proceed to save major industry and pull the nation out of widespread grave economic conditions vs. political expediency. In fact, it immediately put the black guy in the White House into political battles.
Trump's 2018 Bailout of Farmers meanwhile, is his idea and is due entirely to his idea to engage in an ill advised trade war to show his orange peacock feathers off and is completely being done for political reasons to keep he and the GOP from losing the political support of farmers.
So, there's that.
Top of Page Bottom of Page PermalinkFull Name: _ ender
on Wednesday, July 25, 2018 – 09:35 am
>> the general budget made up
>> the general budget made up the funding, ender.
Cutting funding to SS means the trust fund is exhausted sooner, regardless of what happened in the general fund that year.
There won't be enough general funds collected to pay the full benefits when I retire - that's why I give a shit.
Top of Page Bottom of Page PermalinkFull Name: good at drinking water infinite ignorance
on Wednesday, July 25, 2018 – 09:41 am
you are confused, ender.
Perhaps I am being unclear, ender.
The trust fund was reimbursed...the entire payroll tax cut was restored to the trust fund. It was paid into the trust fund by the general fund of the United States Treasury.
read the words underneath the table showing that the trust fund grew. Look at the numbers in the table. It was pretty clear, I thought, but I also suffer from dunning kruger.
https://www.ssa.gov/oact/TR/2013/II_B_cyoper.html
Top of Page Bottom of Page PermalinkFull Name: _ ender
on Wednesday, July 25, 2018 – 09:51 am
We definitely ran huge
We definitely ran huge federal deficits in 2011 and 2012. So the federal government borrowed money by issuing "normal" federal bonds to buy "special" federal bonds for the SS trust fund.
We basically just moved the debt obligation from the SS enrollees to the normal taxpayer - you didn't "make up funding", you just borrowed from a different source. And given that the trust fund is going to be exhausted, the normal taxpayer is going to have to fund SS eventual deficits anyway.
Keep spinning plates.
Top of Page Bottom of Page PermalinkFull Name: good at drinking water infinite ignorance
on Wednesday, July 25, 2018 – 10:09 am
Ender, you specifically
Ender, you specifically complained about the trust fund, first last night:
>>>In case you forgot, the last administration cut Social Security and Medicare payroll taxes (ie funding) by 2% for several years.
then just a few minutes ago, before your next sentence seemed to indicate you now care about the general fund, not the trust fund:
>>> Cutting funding to SS means the trust fund is exhausted sooner, regardless of what happened in the general fund that year.
>>> There won't be enough general funds collected to pay the full benefits when I retire - that's why I give a shit.
Now you switch to general fund? Or what?.
Which is it, ender? Did you ever care about the social security trust fund?
I showed you Obama's payroll tax cut did NOT impact the trust fund, but here you are, still bitching.
You want to talk general fund?
Deficit was $1.3 Trillion when Obama took office: https://www.cbo.gov/publication/41753
Now consider this:
https://twitter.com/StevenTDennis/status/1022105841414090752
Top of Page Bottom of Page PermalinkFull Name: gypsy tailwind T.O.D.
on Wednesday, July 25, 2018 – 10:09 am
Ender - It's a Political
Ender - It's a Political Bailout.
"Keep spinning plates"
Top of Page Bottom of Page PermalinkFull Name: nebulous nelly Orange County Lumber Truck
on Wednesday, July 25, 2018 – 10:18 am
Senator Rob Johnson(R) on
Senator Ron Johnson(R) on farm bailout...
"This is becoming more and more like a Soviet-type of economy here. Commissars deciding who should be granted waivers. Commissars in the administration trying to figure out how they're going to sprinkle around benefits."
http://thehill.com/homenews/senate/398602-republican-senators-balk-at-tr...
Top of Page Bottom of Page PermalinkFull Name: _ ender
on Wednesday, July 25, 2018 – 10:19 am
Mannfred,
Mannfred,
I can am both a taxpayer and a SS enrollee. I will be paying federal non-payroll taxes my whole life.
My future SS benefits are paid for by my current payroll taxes. If you cut my current payroll taxes and then make it up by saying future me will pay more federal taxes, it's not "making up funding" - I'm just paying for my own benefits.
The only winner in that bullshit accounting is people already receiving Social Security and those about to. Guess it's a Boomer Bailout.
Top of Page Bottom of Page PermalinkFull Name: gypsy tailwind T.O.D.
on Wednesday, July 25, 2018 – 10:31 am
Trump broke it (Tariffs)
Trump broke it (Tariffs)
Red State Farmers pissed...
Trump Bailout (12 Billion)
=
Trump wins with Red State Farmers.
"He really does care about us"
It's that simple...
Political Bailout.
Top of Page Bottom of Page PermalinkFull Name: good at drinking water infinite ignorance
on Wednesday, July 25, 2018 – 11:59 am
you seem confused, ender.
you seem confused, ender.
It is quite a remarkable logical stretch to argue that a tax cut (that has ZERO impact on the trust fund) is the equivalent of "cutting funding" for social security.
By your logic, any tax cut (and/or every spending increase) is the equivalent of cutting the defense budget.
That's obviously silly, think about it.
Back to Dotard's farmer bailout (is that a $12 billion cut to social security, or is it a cut to defense?):
>>>"This is becoming more and more like a Soviet-type of economy here. Commissars deciding who should be granted waivers. Commissars in the administration trying to figure out how they're going to sprinkle around benefits."
https://twitter.com/dandrezner/status/1021887301658599424
Top of Page Bottom of Page PermalinkFull Name: Ausonius Thom2
on Wednesday, July 25, 2018 – 02:30 pm
And it just keeps getting
And it just keeps getting better......
President Trump is considering a Depression-era program to help bail out American farmers hurt by the trade dispute with China, two people familiar with the process said.
Trump’s aides are looking at ways to use the Commodity Credit Corporation, a division of the Agriculture Department that was created in 1933 to offer a financial backstop for farmers.
https://www.washingtonpost.com/news/business/wp/2018/04/11/trump-conside...
Nothing like dusting off a relic from the FDR administration to piss off the left.
Top of Page Bottom of Page PermalinkFull Name: gypsy tailwind T.O.D.
on Wednesday, July 25, 2018 – 02:36 pm
Yeah that's why they did it.
Yeah that's why they did it. lol.
You do know China is now getting their soybeans from....wait for it.....
Russia!
That definitely helps their meager ass economy.
Hail to the Thief!