@lrod312 the moment you said he lost all credibility without debating his points with facts, you lost the argument. Before you start attacking the man, fight the points.
The problem with Medicare and Medicaid .... they're being used to launder money. Pretty simple, the amount they collect for them is not what they spend on the programs. They use the money for other wasteful projects that ultimately artificially inflate the cost of living, typically subsidies. It's a really corrupt government spending pattern. To make matters worse though, the medical industry is artificially inflated by the government as well, thus things cost way more than they should.
Really, what the US needs is to fix the healthcare system in general. If we could spend the same percentage of GDP in the US as France does, which is considered the best healthcare in the world, and put 1/3 of that saving into the government plus the saving to medicare, we would have surpluses. The US spends 17% of GDP on healthcare, and gets worse results then almost all developed nations. France spends 11%. Saving that 6% of GDP and cutting the cost of medicare by 35%.
@Loathomar Do you know that Christianity is correct? The world around us reveals that G-d DOES exist, and the historical evidence reveals that Jesus Christ really did come to this earth and there is overwhelming evidence that Jesus Christ really did physically rise from the dead. Jesus is coming again and the signs of the end times that were foretold in the Bible are coming to pass.
@IllichSketchShow It’s more like 20% unless you include CIA, NSA, department of energy and VA. Most VA benefits are for solders like grandpa who fought in WWII.
Entitlement programs need to slightly increase their taxes and raise retirement ages for us people in our 20s and 30s. Medicare is actually more efficient than an insurance company. An insurance company seeks profit, thereby most of the pooling effect of monies that is combined to pay off the likely hood of fewer requiring a particular medical attention gets paid to the owners and to some workers. It does a poor job of ensuring medical coverage is affordable to all. & cut military spending 50%.
@jmitterii2 Medicare is NOT more efficient than an insurance company. If you ever talk to someone who bills Medicare you will find that they have a reduced price that they are willing to pay. So the biller (doctor, hospital, ECT) is left with a take it or leave it scenario. This, in turn, raises the cost for procedures to normally insured or uninsured persons. To put it plainly, it’s government intrusion on the market that has ruined it, not insurance company greed.
People think of Medicare as a free good that comes from nowhere, but it's not. People have been paying into Medicare their entire lives before finally getting some of that money back in a horribly inefficient and wasteful manner. The money lost in Medicare to waste and fraud each year is $60 billion! Everybody would be much better off in the long run without Medicare.
This is why we need to go to universal, non-socialized healthcare like Japan has and like Ralph Nader supports. That way there's less of a need for medicare. Also Obamacare drives up costs to protect big insurance (generic drugs now have to come out 12 years after scripts rather than 6). Lastly, I don't understand the support for social security; payout is based on the top 3 years of earnings of the head of household; therefore, white middle class women benefit the most, how is that progressive?
The problem is, there are no restraints on costs. Companies continue to develop more and more expensive drugs and procedures, and patients of course want them, so the entitlements pay for them.
There's nobody in the system to say hey, that's too expensive for us to cover, but you're welcome to buy it yourself.
If Medicare covered new cars for patients, everyone would choose to have the latest Porsche or Lamborghini. It's the same thing with health care.
social security is payed into and it have a surplus and will for many years to come.
how bout we start basing tax rates on what people can afford to give, and cut our military budget by about $40 billion seeing how is if we did we would STILL have the largest military budget in the world
Typical left wing "garbage" response. Take from those who work hard and give to the lazy. The top tier already pay 30% to 35%. Do you? I sure as hell don't and I sincerely doubt you do!
How about taxing those 47% who pay nothing for income taxes? After all, it is they who benefit primarily from these unconstitutional entitlement programs.
Liberals like you love to point out how much the top tier earn, yet always fail to acknowledge the fact that the top tier already pays the most.
@fyrewolffe it should be as simple as this, if you make 80% of the money you pay 80% of the taxes. i would never suggest taking an amount of money the would change those rich people cushioning life style. just enough so we can say all our people can live an ok life. something we both can prolly agree with is that we need to set up insentive programs for the poor class but we cant expect people to be "working poor" for their whole life. opportunity needs to be available, and it is largely not
No, I disagree. If income taxes should be taxed at the same rate across the board, that is only fair. This "progressive" tax rate is garbage altogether. If I pay only 15%, then the upper tier shouldn't be expected to pay 35% as they do.FYI, the top 2% control only 40% of the income, yet pay 54% of the income taxes. So even by your own example of 1 to 1 ratio, the top tier are still paying more than their income dictates. Continued...
Opportunities do exist, in fact, the dept. of labor reports a sever lack of skilled labor in America today. This is why people from India, China, etc. are all too happy to come here to fill those well paying positions.
Maybe the "Working Poor" should spend some time developing marketable skills instead of seeking handouts. Maybe then they could be counted among the well Skilled Labor middle class.
@jamnin94 Our government skims off the money that is payed into social security constantly.It's just like a ponzi scheme.If you think it just sits there waiting for the government to gladly hand it all back is a joke. Plus your assumption that cutting military spending will solve all of our problems is equally ridiculous. The amount spent on entitlements is over twice what we spend on defense and constantly growing!!! Foolish
This guy speaks in facts. Socialists speak in platitudes. It doesn't matter if you cut everything else first the debt will still be overwhelming (as he explained) lol.
@0bs3n3 It's the Bastiat State Association Fallacy: If we don't want the state to do something, we don't want it at all. We hate old and poor people since we don't want the state to take care of them. We hate education because we want the government out of it. etc. While I agree with the one commenter that we need to end the Empire first, we will have absolutely no choice but to end the insane entitlement programs eventually.
@0bs3n3 The problem is that healthcare is so much more expensive in the US than anywhere else, so a government-funded by not government-run program does not work.
Hmmm, let me guess. The magic solution is to cut all social programs, preferably to nothing, and cut taxes, particularly corporate taxes and capital gains taxes. Let's see if I'm right.
Nope. Guess I was wrong. He didn't mention tax cuts. Probably saving it for another video.
@Inkognitohaloramics Not at all. War is expensive but Entitlements almost double the cost of all our wars and the budget of the military. Your corporate taxes statement is made in complete ignorance. Corporations pay massive amounts of taxes. Did you know that the majority of Corporation are run by families? Only a percentage corporations are giants like Apple. Many small restaurants and mom and pop grocers are incorporated. They are taxed heavily! Entitlements are the problem
can we not start with the wars please and corporate welfare, and then once we've got all the welfare for the rich then maybe look at cutting grannys healthcare
@IllichSketchShow it's very facetious to just to sum up all entitlement programs as "granny's health care" in reality entitlements are massively expansive and inefficent. They almost completely double how much the US spends on all of our current wars. Also, the debt owed in medicare medicaid and social security out way the World output. Not the US output but how much the world produces in a single year! Entitlements must be cut!!!
@IllichSketchShow Why would it be fair to cut the welfare for the rich? So what if they don't need it, the government promised them many years ago when it stole their money that they would get it back. And, if we just sit on our hands and do nothing, the system will totally collapse leaving everyone who paid into this ponzi scheme with nothing.
@IllichSketchShow It will have to be phased out. There are way too many that have become dependent upon these programs. However, we are screwed if we do nothing.
So cutting the miltary and raising taxes are out of the question. But cutting Social Security is. And if we had a Public Option that could control cost Medicare and Medicaid wouldn't be in such bad shape.
@therichardking4242 We do, that is flying to another Country to get things like dental work done... Here is America $7,000.00 for what I need done, I can fly to another Country and my total cost is less then $1500.00 for the same work and get a vacation out of the deal as well. America is an epic failure.
@MyITRcom I suppose that you are being sarcastic, but certainly flying to another country is not an option. It's not a $7000.00 dental bill that poor and low income people are dealing with anyway. It's that they often can't pay for primary care without insurance and thus 'small' health problems become much bigger ones, which they also can't pay for. If you have just a few dollars left at the end of the month, healthcare is often the first 'extra' to eliminate.
@daokuk Actually I am being dead serious. I have the plane ticket and the appointment set up already, leaving on the 7th of January. Why stick around for this BS?
Just saying... we have 43% of the world's military.
Also... what do you base this on?
As far as I see, based on this video, everything else is growing and entitlements are shrinking until 2012. Do you believe that some how that trend is going to just stop and pull a 180 for no reason at all... or did the mayans predict that " OMG... the government is going to... HELP CITIZENS!!!! Quick... increase military spending".
@SLCforLIFE abosofuckingsouley. read up on him more. he plans to cut $1T. in a year. included in a longer-termed plan is fazing out the IRS and most of medicade/medicare.
I seriously hope I don't live so long and have many health problems. I wouldn't want to be a burden for our children, since they would have to work much of their lives just so I can have at most a decade more years to live, with no guarantee of a better quality of life.
I agree cut SSI but only cut it for th temperary people, like people that drink, and recovery drug addics, and deprtion people, but keep for seruose people with epolesy zerores that can not live with out help or some one that needs a transpant, people of that sort of people like me with epolepsy
@how367 Few are on SSA disability or SSI because they are addicted. They may have other problems that you cannot identify, but you cannot get on disability for being addicted or being an alcoholic. If 'deprtion' = depression: unless you have multiple decompensations requiring hospitalizations you will not get on for depression either. Epilepsy in most cases is controlled by meds; unless there are seizures that don't respond to meds, the case will likely be denied.
If Dr Miron is correct, we are doomed. If we continue funding entitlements, the out of control deficits lead to our destruction. If we cut entitlements as he suggests, we are left with a large segment of the population that will have no health care and/or financial means: a society filled with sick children, mentally ill people left to suffer, the disabled left on their own to die, and old people with even less ability to purchase food and shelter than they have now.
@daokuk Your fundamental misconception is that it's the government's job to provide all these things to people at all times. There were far fewer entitlements in the 40s,50s, and 60s. Yet society was not in shambles. Can you explain that? Here's a hint: People relied on their neighbors, families and friends for assistance, not the government.
@grimelab I agree that it's not government's job; I'm saying that in our current situation ending entitlements would leave a lot of people without support and that that would be disastrous. I disagree that society wasn't in shambles in the 40s through 60s. It was better for many, but there was a lot of suffering and deprivation back then, too. I was there for a good bit of that period. It is also not true that people helped people to the extent you state. Maybe pre-WW II.
@daokuk Entitlements are not the problem, but spending a billion dollar for embasseys in other countries would be a great start. This is such a ruse, the military budget IS our real problem. Not taking care of our people is a bad idea.
with most of the america leaving the workforce in the next decade youd figure theyd want to leave some kind of security for future generationsif not they need to take it all with them
isnt ssi and welfare a safety net cuz most people are gonna retire or beeligible for it within the next decade also with that in mind most of the workforce wont be here either right so it really will be a minority of the people paying all the taxxes or not paying at all im gonna just look out for mine and say redistibute the wealth before its to late or better have better programs than the ones we have
Get rid of the Federal Reserve Banking system with its fractional reserve lending, take away the power of government to borrow money, and reinstate currency that is backed by something with actual value. It worked when Abe was president, don't know why it wouldn't work today.
There is only one solution - though I doubt it is politically feasable because the one who have the most to lose are the ones who already have most of the money and most of the power.
1. Congress (and all state and local legislators) may make no law that does not equally apply to them.
2. Eliminate all forms of income tax and replace them with a consumption tax. All goods and services are taxed - the more you spend, the more you pay. You don't wan't to pay taxes? ... don't spend any money!
Read Henry George's "Progress and Poverty" for a way to tax properly, stimulate the economy, and make things more fair. A consumption tax is horrible because it reduces incentives to buy, thus lowering demand for labor and production. We should tax land at it's value. Adam Smith, Milton Friedman, Thomas Paine, and many others all agree that this tax is best or at least say it's the "least harmful". This is why schools are funded through property taxes because you can't not pay it.
14 million new jobs, the lowest unemployment ie 24 years, the lowest core inflation in thirty years, incomes are rising, walfare rolls are at there lowest levels in 27 years.
If you cut enough entitlements people will revolt. If you think a single thing is going to solve a complex problem like a inflated debt you are wrong. There is no easy one word solution to problems is life. You have to take into account as many factors as possible, analyze the problem, create a theory, test the theory, make corrections and then try to apply this on expanding stages. Your solution would create many more problems that what it solves. I know this does not win votes but it works
How will you sort out the options when you vote? I suggest that before you get caught up with anyone, including Obama, et al that you FIRST go to this web page (Get - The - Book . com) and grab a copy of a great book that few folks know about, read it, and then vote in a manner that will actually get this country a good President.
Just the fact that he uses the term "obamacare" exposes that this is in fact an agenda-based (fox news style) propaganda campaign that puts ideology ahead of facts and reality.
@michaelwuzthere Putting together all of the money from the top 40 Billionaires in the U.S. is about $1.3 Trillion dollars... our yearly deficit is $1.6 Trillion. When will you understand that Raising taxes is not the solution? Americans sleep walk towards disaster because they are always distracted from cutting spending. Do we like to cut spending? No, but people do not understand how serious of a Debt crisis this is. We're looking at a Global Economic Collapse. Please study up!
@GOllumboy101 Um, excuse me? The richest people in this country have the lowest taxes in history. There's been an explosion in military spending and the same people are simultaneously cutting revenue in massive proportions.You're telling me to study up?How about you study up on how the US military is the most parasitic welfare enterprise in history.This asshole is trying to say we need to cut functioning programs for the poor and elderly, while millionaires enjoy record income and profit levels.
@michaelwuzthere "The richest people in this country have the lowest taxes in history" In Capitalism, the more you make, the more you pay, that's a simple principle. In crony Capitalism, politicians align with corporate and rich fat cats making them pay little or no tax for votes + good words (Example: General Electric pays NO income tax because Jeffery Immelt was Obama's #1 campaign contributor or one of). The problem isn't the Rich paying enough, it's there's such a vast amount paying none.
@GOllumboy101 There is no capitalism without cronyism - never before in history has there ever been capitalism without corruption and wealth disparity. Capitalism is a system built on classism and distinction between capitalists and workers. (Unless you own a factory or a company, for one to call himself a capitalist for supporting this disgusting system is only laughable and sheepish.) People paying no taxes falls into the same problem of not paying enough, obviously.
@michaelwuzthere "There is no capitalism without cronyism" That is very untrue, if the Government is limited to it's proper role of just protecting the rights of the people and does not exceed it's power, then you don't have Crony Capitalism. Crony Capitalism has more to do with the Government, not just the Corporate fat cats. I wasn't going to judge you, but I'll take it back. Never before in history has Socialism worked. The USSR is a perfect example of Socialism sir.
@GOllumboy101 The fact that you're saying that the USSR is a perfect example of socialism displays that you have no comprehension of what 'socialism' is. The USSR was anything but socialism, being that socialism is to bring about the end of the state - the USSR was strengthening and perpetuating statism, which is the opposite of socialism. And you say "never before in history" as if socialism has a long history. Meanwhile, capitalism (yes, actual capitalism) has a history of self-destruction.
@michaelwuzthere 2nd Comment (read 1st to please): The military spending is broke down into two, I agree that we should get out of the Middle East for economic reasons definitely, I DO NOT however, believe in cutting any of the soldiers salary, they make little as it is. Sure they're funded, but other then that they make shit. My brother is a Navy Nuke Tech on the U.S.S. Enterprise. I could go into what areas I want to cut, it's more then you think. What about Obamacare? How much is that? :)
@GOllumboy101 The US Military is a tool used by Wall Street for its own protection and profit.All supplies are privately supplied for profits,therefore the suppliers on Wall Street have a vested interest in perpetuating war so that their profits can be maintained.We could cut that budget in half and still have the most highly funded military in the world.
As far as the healthcare law (ignorantly called"Obamacare"),it's a step in the direction of helping the poor,but it keeps insurance companies.
@michaelwuzthere "The US Military is a tool used by Wall Street for its own protection and profit" What lol? Wall Street may be greedy, but they DO NOT control the Military, that's under the Fed's control. You sound like one of those OWS protesters that think Wall Street is responsible when really they were the ones under attack by the Government + Federal Reserve that causes them to be greedy. "it's a step in the direction of helping the poor" LOL IT FORCES THEM TO BUY, IT'S NOT FREE DIP SHIT!
@GOllumboy101 Yes, Wall Street does control the federal government, and thus their interests dictate the actions of the military. But you sound like a crass spoiled child who doesn't want to listen to facts or reason if they don't go his way. Wall Street under attack by the government? You must live in a fantasy world, because it was Wall Street lobbyist that made the legislation giving them all-access to treasury funds. You don't sound very smart at all, you just sound like an ignorant fool.
@michaelwuzthere 3rd comment (please read the 2nd and 1st): I'm sure Bush did what Obama did... that's just another comparison. But it's funny to see Obama supporters think they elected someone of change when really they elected a guy that only increases the pace of what Bush's economic policies were. I see you're a socialist, I'll try not to judge you on that (me being a capitalist), but I will say I think you need to hear out Ron Paul.
@GOllumboy101 FYI, I don't support Obama, being that he was a new marketing campaign for the same disgusting product. The only politicians I have any respect for are Bernie Sanders, Elizabeth Warren, and lesser Ron Paul. Even though he's spot on with foreign policy and social issues, his economic view is a world of total capitalism, in which the rights and dignity of working people are diminished to maintain the principles and tradition of markets and all-mighty capital.
@michaelwuzthere "his economic view is a world of total capitalism, in which the rights and dignity of working people are diminished to maintain the principles and tradition of markets and all-mighty capital." He knows how to WORK capitalism the right way. It's 3 simple steps really:1. Cut Taxes, 2. Cut Spending, 3. Let the FREE MARKET ECONOMY WORK ITSELF! The Depression of 1920 was over very quick because the Government cut HALF their spending and let the free market work itself. You're blinded
@GOllumboy101 Total capitalism doesn't work, we used to have it and there's a reason that we don't any more. People don't want to go back to the days when children worked all day all week in factories instead of having access to education, or when people had to live in miserable conditions because it was more profitable for the obscenely wealthy. Capitalism is a fundamentally self-destructive system, built on classism, environmental destruction, and perpetuation of debt and poverty.
Actually, it is. The money retirees payed into it is gone and spent. What's replacing that money? Current contributors to the system; meaning, my grandmother's social security check is comprised of current tax payer money. Yes, we all have payed into it. Does that give my grandmother the right to deprive me of my wealth because some politicians spent her money a long time ago?
@Soupflakez Money goes into social security every month. They need to secure the fund and stop spending it on other crap. But instead, some idiots like on here would rather just say 'not worth it, just cut it out entirely, let the elderly rot in a ditch, it's going against my freedom, blah blah blah"
I understand those concerns and they are totally valid. What I would argue is that we need a rapid transition and eventual phasing out of Social Security over the long term (e.g., let younger people opt out and cut spending to make SS solvent during its phasing out). Unfortunately, I am afraid that time has come and gone. What we are facing in the next 5-10 years is a total economic collapse caused by the destruction of our currency.
@michaelwuzthere The problem with that is that as it is, the government could confiscate every single penny from the top 400 billionaires in this country, and we would still have a deficit for just this year. Besides, countless European countries have tried to solve their debt problems by taxing the rich, such as Greece. How's that working for them?
@xtreme1002003 So you're saying don't tax the rich anymore? When they get away with paying nearly nothing in taxes? And if you're seriously blaming on the Euro financial crisis on a progressive tax system, you clearly have no comprehension of what you're talking about.
so many fallacies in the comments. In the recent ones a commentor mentioned Canada. Canada was in financial distress and is stable again because of cutting the size of government recently. for the commentor that suggested paying for our own police and fire. The video is about federal spending not local and state. as for soldiers. Federal spending on the military is a constitutionally mandated activity.
This guy is so bought. Haven't his mom ever told him not to tell lies. First off, Social security is already paid into by the people!! the reason why its going bankrupt is because the government already spent the money, that was paid in by the tax payers, on shit like wars and bailing out wall street. By cutting social security you are essentially robbing tax payers of what they already paid for. If you want to cut social security, then give back the tax payer share of their deposits.
Social security is by no means paid for, and as the population ages, this will become more and more clear. People used to have more children to care for them in their old age, but now the gov't will take care of them, they have fewer children. But that also means fewer payers.
There are no social security deposits, and they're NEVER were. That's how the law was sold, but not how it was written. You do not have an account anywhere.
They man in this video thinks the trillions they are spending on wars don't matter. the worst kind of entitlements are the billions they send to other nations and the trillions we spend on troops in other lands. not to mention the useless departments and the useless feeders that they employ.
@jerryjamify - Trillions? By the count of an anti-war website (costofwar . com) it's at 1 trillion. Total, over ten years.
But over that same time, the federal budget has doubled, from about 2 trillion to almost 4. Every year. It's not just the military. I'm not saying that they are not spending too much. Clearly they are.
But the entitlement programs, which don't eliminate poverty, don't improve the quality of healthcare, nor the condition of seniors, are underfunded by over $100 trillion.
@mpc91 I believe its about a trillion to maintain the troops spread throughout the globe, them ad that to the trillion we spend actually warmongering in the middle east...and what about the nearly three trillion rummy said was missing from the pentagon in 2001? . I think trillions would be appropriate. but your right on a yearly bases the intitlement system is the biggest....not sure though if the pie scale is allowing for what people pay in or is it just showing whats going out....??
@jerryjamify - Again, I'm not going to argue that the spending on the military isn't a problem. But no, it's not a trillion a year. All the adjectives you can add don't make it a trillion. But the video doesn't say anything about wars, because as pricey as they are, they don't compare with the $100+ trillion underfunded entitlement programs that are going to absolutely erupt as the baby boomers retire. There are not enough payers to support the retiring generation. What goes in will go down.
@mpc91 I pretty much agree with what you say. its pretty much over with because the American people will never elect strong enough leadership to fix the problem....Its just a matter of time before if comes to an end,"Road Warriors" in real world is whats ahead I presume.
@scamperly - Canada also cut a great deal more spending than the US did. They reduced spending by 10% of GDP over the past 20 years, and their central bank wasn't as reckless as the Fed was. Do they have a Freddie and Fannie pushing moral hazard?
The US healthcare system is the best in the world, and that's even factoring in the tumor that is medicare and medicaid driving up prices.
Taxes do need to be simplified. I agree with you there. But entitlements really, really need to be cut.
@scamperly RIght . . . let's take the entitlement that is breaking us and instead of just making it available to seniors, let's extend it to everybody. I'm sure that's the answer.
@insperatus Cute, you don't like his terminology so you throw his argument out and move on.  Must be really convenient for you to not have to scrutinize so many arguments.
@Jordoom777 I do use the language someone is choosing to make their point with in helping to decide whether or not I think they're credible. Clearly, using "Obamacare" is a red flag for partisan mentality. I don't trust the partisans, sorry. He may have something valuable to add but if he speaks merely to one side he won't reach those whom need the most convincing. Only a bi-partisan or non-partisan approach is worthy, this is just my opinion of course. Care to rebut?
@insperatus Obamacare is hardly a partisan phrase, it's a colloquial term for the Patient Protection and Affordable Care Act, much like TARP is often referred to as "the bailout." What is your problem with Obamacare? It's a health care initiative that President Obama pushed for, no? It's not pejorative, unless said with a sneer, but by that standard anything can be pejorative. Hell, I've used up most of my allotted characters just typing out the full name of "Obamacare" ironically enough.
@Jordoom777 I respectfully disagree. I don't think Democrats refer to HR 3962, the 'Affordable Health Care for America Act', as 'Obamacare'. I've been proven wrong before though. Do you have any evidence to the contrary?
@moonshot926 ""It's kind of hard to sell 'trickle down,' so the supply-side formula was the only way to get a tax policy that was really 'trickle down.' Supply-side is 'trickle-down' theory." —David Stockman, Ronald Reagan's budget director
@insperatus There is really no such thing as "trickle down economics". It's a straw man pejorative set up by liberals to divert attention from the fact that supply side economics has a much stronger track record of producing growth than "demand-side" economics. If demand-side economics actually worked as advertised we'd be in the middle of a really large economic boom. Supply-side economics was the basis for the 25 year mega-expansion the US experienced starting in 1983.
@moonshot926 I don't buy any of that. Smells like revisionism. Do you have any data to back up what you're saying? Supply-side economics = more money and support for the wealthy, its unsustainable. The rich need to be taxed as the poor are taxed. Tax millionaires, they are not the job creators. Small businesses are the job creators.
We need reform not cuts. We spend twice as much as the next highest country per capita on health care and have some of the worst results in the industrialized world. REFORM can bring more benefits and cost less. CUTS rob from those who need it most.
Cut S.S, Medicare, Medicade, FEMA funding, get rid of the Federal Income Tax, fire all federal government employees excluding the Military & Judicial parts, and place a sales tax of 5% to pay for the remaining obligations. Did it in less than a minute.
wtf ? Why don't you mention that 25% of the state's bugdet for 2010 was military expenditure, aka, Iraq and Afghanistan wars ? So you'd rather cut on healthcare, than to stop two useless wars, that if you'd just cut that part of the state bugdet, then the state would have a surplus even with the low tax rates. Yeah, kills americans in battle, and let them die in their own country without proper healthcare.
Entitlements and "promoting the general welfare" are two different things. Entitlements become a drain on society and do not encourage re-investment. There are many ways to promote welfare, not everything has to be monetary program based. Giving people the tools to compete is one example of "promoting the general welfare" without draining the national treasury.
just let all the old people on medicare die because it costs the goverment to much money...heres a thought....why not just end the drug war, and war on terror...
@12saltandvinegar We the ancients gave you a good infrastructure water power education etc .Then about 20 years ago ,like drunken sailors you had unpaid wars bought other peoples goods and made debt a way of life and corrupted the worlds currency.The way back will be long and painfull.And you say let the old people die We gave you life Should we have? My advice, change your mindset and your political system to one which can not be bought! have a nice day!
@grandaddyc i was being sarcastic dude. i love old people. hahaha. but seriously, i was just trashing on this video. i love america's entitlement programs, and think there should be socialized medicine across the bored, im 19. so i didnt quite have a hand in killing this economy. ..
@GanjMahal ahhhh fuck off? i moved out of my parents house when i was 16 and have been supporting my self ever sense...i normally dont feed trolls, but your just plain wrong man..
His philosophy is purely numerical. A wise man once said, "Show me your pocket book and I'll tell you what you care about." Or better yet, Jesus said, "for where your treasure is, there will your heart be also." Morality has a lot to do with entitlement spending, but I'm sure that doesn't even matter to him...he teaches at Harvard.
This guy is Jeff Miron, *director of economics* for harvard... If you're trying to fix this situation in america and you work in economics if you have a all the right answers why don't you put your 2 cents in and speak to the president your self and work on deal/compromise/plan that would fix a lot of fuckin shit. you know what i mean?!? lol
as simple as that get rid of all those programs even a 5yr can do i dont know why these senators cant do it its really shows how American politicianers are soo deluded!!!!!!
(accordance IRS Tax Bracket) Poor =A Family of 4 with approximate yearly net income of $22,000. Lower-middle Class = Family of 4, approximate net income of $80,000. Middle Class = Family of 4, approximate net income of 100K. Upper-middle Class = Family of 4, approximate net income of 300K. The Rich = to have a Million $ in Liquidable assets & THE 2% Multi-Billionaires that want a tax break -individuals getting entitlements, the poor & lower-middle but this Harvard schmuck wants to screw them
The only solution to this is to find someone powerful enough to admit to the entire world that the cure for cancer and every other chronic disease has already been found and scientifically proven and that governments and drug companies have been suppressing forever. We also need to get the science out because over 90% of people dismiss this as "a ridiculous conspiracy theory" as they can't imagine that their own government would let thousands die daily for profit.
@aabsc And the best part is the cure to every chronic disease is 100% free (which is why they are so heavily suppressed as no one will EVER be able to make a single penny of profit out of it, as nature intended). Nearly 100% of "incurable" chronic diseases are due to the fact that over 95% of what 99% of people eat is completely artificial, toxic man made junk. 99% of items in grocery stores today have at LEAST 1, often 5 or more cancer causing or otherwise toxic ingredients, thats why were sick
So the solution is to ban absolutely every toxic ingredient from being allowed in food and within days people will see their health improve, and within weeks and months most people's diseases will be cured, obesity will be on the way out forever, and the economy will spring to life, but only if the food supply is ever detoxified.
@blldawson902 The best way to kill all old people is to keep growing medicare and medicade until they are so expensive we go bankrupt. Then there will be nothing left for anyone
If you want to kill old people support the current medicare/medicade system.
@thefredsays Calculating the progression of baseline spending is something that is hard to get wrong (or at least horribly wrong), given the current progression of spending and predicted demographic trends, it's clear SS and Med. will rise a lot.
But yeah, CBO and countless others failed HARD to predict the impact of the stimulus, not just because the economy is really something nearly impossible to specifically predict but also because they were based on the bullshit Keynesian "multipliers".
@Chaos511 The Keynesian Multipliers have become bullshit since much spending gets sucked away in foreign markets. The stimulus always doesn't work since it gets sucked in graft. The federal government in the US doesn't have effective to tax the globular fat corporate entities. Instead they go after individuals and society as a whole.
Setting up a tax base that will fund universal healthcare would easily solve this problem. But that will never happen because healthcare is run by private hospitals and insurance companies that want to make money. That money is made in large part by Medicare and Medicaid. It's a cash cow for two major industries.
Please realize that Miron is arguing to cut out Medicare, Medicaid and Social Security on a FEDERAL LEVEL. He is not advocating completely taking it away, but let it exist on a state level where the state can award tax money (that YOU vote where it should be spent!) to the businesses that offer the best healthcare, low-income support and a version of Social Security. You would be in charge of what you want, NOT THE GOVERNMENT!
Actually medicare and all that crap make up a very significant part of the deficit. The only way to truly battle the debt without completely being a privatized shithole is to raise taxation and cut unnecessary costs. Stop the wars, cut military spending... change the system so that people don't have toï
the very moment he said obamacare he lost all credibility
lrod312 18 hours ago
@lrod312 the moment you said he lost all credibility without debating his points with facts, you lost the argument. Before you start attacking the man, fight the points.
supsdg 58 minutes ago
Can we stop the meaningless wars and irresponsible tax cuts for billionaires first and THEN cut funding for the poor and elderly.
brokenclockstudios 1 week ago
The problem with Medicare and Medicaid .... they're being used to launder money. Pretty simple, the amount they collect for them is not what they spend on the programs. They use the money for other wasteful projects that ultimately artificially inflate the cost of living, typically subsidies. It's a really corrupt government spending pattern. To make matters worse though, the medical industry is artificially inflated by the government as well, thus things cost way more than they should.
KittenKoder 1 week ago
Really, what the US needs is to fix the healthcare system in general. If we could spend the same percentage of GDP in the US as France does, which is considered the best healthcare in the world, and put 1/3 of that saving into the government plus the saving to medicare, we would have surpluses. The US spends 17% of GDP on healthcare, and gets worse results then almost all developed nations. France spends 11%. Saving that 6% of GDP and cutting the cost of medicare by 35%.
Loathomar 1 week ago
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@Loathomar Do you know that Christianity is correct? The world around us reveals that G-d DOES exist, and the historical evidence reveals that Jesus Christ really did come to this earth and there is overwhelming evidence that Jesus Christ really did physically rise from the dead. Jesus is coming again and the signs of the end times that were foretold in the Bible are coming to pass.
marionetemanJ 1 week ago
the military spending is half the deficit
IllichSketchShow 1 week ago
@IllichSketchShow It’s more like 20% unless you include CIA, NSA, department of energy and VA. Most VA benefits are for solders like grandpa who fought in WWII.
kuhioffxi 1 week ago
Entitlement programs need to slightly increase their taxes and raise retirement ages for us people in our 20s and 30s. Medicare is actually more efficient than an insurance company. An insurance company seeks profit, thereby most of the pooling effect of monies that is combined to pay off the likely hood of fewer requiring a particular medical attention gets paid to the owners and to some workers. It does a poor job of ensuring medical coverage is affordable to all. & cut military spending 50%.
jmitterii2 1 week ago
@jmitterii2 Medicare is NOT more efficient than an insurance company. If you ever talk to someone who bills Medicare you will find that they have a reduced price that they are willing to pay. So the biller (doctor, hospital, ECT) is left with a take it or leave it scenario. This, in turn, raises the cost for procedures to normally insured or uninsured persons. To put it plainly, it’s government intrusion on the market that has ruined it, not insurance company greed.
kuhioffxi 1 week ago
@jmitterii2 Did you have to work on talking out of your ass or were you born with the ability?
TG1212able 1 week ago
Yeah, but if we tax everyone some more, we'll have infinite money, right?
ohedd 2 weeks ago
I agree, cut entitlements...for corporations and banks.
MegaRammstein7 2 weeks ago
People think of Medicare as a free good that comes from nowhere, but it's not. People have been paying into Medicare their entire lives before finally getting some of that money back in a horribly inefficient and wasteful manner. The money lost in Medicare to waste and fraud each year is $60 billion! Everybody would be much better off in the long run without Medicare.
SirTenenbaum 2 weeks ago
Wait, you mean my entitlements don't appear out of thin air,
granted from my savior and protector the government?
-warmongering neocon, socialist, obama supporter etc...
spiderman991 2 weeks ago in playlist More videos from LearnLiberty
I liked this video after 6 seconds.
Visfen 1 month ago
what we need to do is make health care cheaper
bboybayonet 1 month ago
u miron brah?
MrBeardstyle 1 month ago
79 socialist idiots.
TWSceptic 1 month ago 5
This is why we need to go to universal, non-socialized healthcare like Japan has and like Ralph Nader supports. That way there's less of a need for medicare. Also Obamacare drives up costs to protect big insurance (generic drugs now have to come out 12 years after scripts rather than 6). Lastly, I don't understand the support for social security; payout is based on the top 3 years of earnings of the head of household; therefore, white middle class women benefit the most, how is that progressive?
shutyamouf2 1 month ago
What a bunch of drivel.
MrJDylka 1 month ago
THIS GUY WAS ON THE UNION!!
ccslax6 1 month ago
The problem is, there are no restraints on costs. Companies continue to develop more and more expensive drugs and procedures, and patients of course want them, so the entitlements pay for them.
There's nobody in the system to say hey, that's too expensive for us to cover, but you're welcome to buy it yourself.
If Medicare covered new cars for patients, everyone would choose to have the latest Porsche or Lamborghini. It's the same thing with health care.
gilbet 1 month ago 4
right wing garbage.
social security is payed into and it have a surplus and will for many years to come.
how bout we start basing tax rates on what people can afford to give, and cut our military budget by about $40 billion seeing how is if we did we would STILL have the largest military budget in the world
jamnin94 1 month ago
@jamnin94
Typical left wing "garbage" response. Take from those who work hard and give to the lazy. The top tier already pay 30% to 35%. Do you? I sure as hell don't and I sincerely doubt you do!
How about taxing those 47% who pay nothing for income taxes? After all, it is they who benefit primarily from these unconstitutional entitlement programs.
Liberals like you love to point out how much the top tier earn, yet always fail to acknowledge the fact that the top tier already pays the most.
fyrewolffe 1 month ago
@fyrewolffe it should be as simple as this, if you make 80% of the money you pay 80% of the taxes. i would never suggest taking an amount of money the would change those rich people cushioning life style. just enough so we can say all our people can live an ok life. something we both can prolly agree with is that we need to set up insentive programs for the poor class but we cant expect people to be "working poor" for their whole life. opportunity needs to be available, and it is largely not
jamnin94 1 month ago
@jamnin94
No, I disagree. If income taxes should be taxed at the same rate across the board, that is only fair. This "progressive" tax rate is garbage altogether. If I pay only 15%, then the upper tier shouldn't be expected to pay 35% as they do.FYI, the top 2% control only 40% of the income, yet pay 54% of the income taxes. So even by your own example of 1 to 1 ratio, the top tier are still paying more than their income dictates. Continued...
fyrewolffe 1 month ago
@jamnin94
Opportunities do exist, in fact, the dept. of labor reports a sever lack of skilled labor in America today. This is why people from India, China, etc. are all too happy to come here to fill those well paying positions.
Maybe the "Working Poor" should spend some time developing marketable skills instead of seeking handouts. Maybe then they could be counted among the well Skilled Labor middle class.
fyrewolffe 1 month ago
@jamnin94 pfftt!
RACARNIE 1 month ago
@jamnin94 Our government skims off the money that is payed into social security constantly.It's just like a ponzi scheme.If you think it just sits there waiting for the government to gladly hand it all back is a joke. Plus your assumption that cutting military spending will solve all of our problems is equally ridiculous. The amount spent on entitlements is over twice what we spend on defense and constantly growing!!! Foolish
RACARNIE 1 month ago
Do soldiers living on the dole murdering people around the world count as an "entitlement" we should cut?
jobyweeks 2 months ago
1. Remove the Federal Reserve system.
2. Return to our government printing the dollars.
3. Return to our dollars being pinned to actual value like Gold or Silver.
4. Freeze inflation(no more injections of currency into the system for a sustained period of time)
5. Watch as prices come down, new businesses start popping up, the wealth already in our pockets grow.
6. Stop worrying about whose healthcare(a life and death issue, don't forget) we are arguing, because suddenly the rat race is OVER.
IdeasMoveNations 2 months ago
This guy speaks in facts. Socialists speak in platitudes. It doesn't matter if you cut everything else first the debt will still be overwhelming (as he explained) lol.
0bs3n3 2 months ago 29
@0bs3n3 It's the Bastiat State Association Fallacy: If we don't want the state to do something, we don't want it at all. We hate old and poor people since we don't want the state to take care of them. We hate education because we want the government out of it. etc. While I agree with the one commenter that we need to end the Empire first, we will have absolutely no choice but to end the insane entitlement programs eventually.
Blazhei 2 months ago
@0bs3n3 The problem is that healthcare is so much more expensive in the US than anywhere else, so a government-funded by not government-run program does not work.
TheAdarkon 5 days ago
When Social Security and Medicare have their own bracket for how much tax payer dollars they take up individually?...That's a huge problem
1337wafflezz 2 months ago
Hmmm, let me guess. The magic solution is to cut all social programs, preferably to nothing, and cut taxes, particularly corporate taxes and capital gains taxes. Let's see if I'm right.
Nope. Guess I was wrong. He didn't mention tax cuts. Probably saving it for another video.
devourerofbabies 2 months ago
Comment removed
MyITRcom 2 months ago
Let's cut the entitlement for you to post videos on YouTube.
Lengo67 2 months ago
You can have a phd and still be an idiot.
Burns12009 2 months ago
Lets just bomb all the banks in China...
KnivesOfTheRound 2 months ago
Here's the real order:
-War
-Almost zero corporate taxes
-Then the entitlements.
Inkognitohaloramics 2 months ago
@Inkognitohaloramics Not at all. War is expensive but Entitlements almost double the cost of all our wars and the budget of the military. Your corporate taxes statement is made in complete ignorance. Corporations pay massive amounts of taxes. Did you know that the majority of Corporation are run by families? Only a percentage corporations are giants like Apple. Many small restaurants and mom and pop grocers are incorporated. They are taxed heavily! Entitlements are the problem
branhoff 2 months ago
can we not start with the wars please and corporate welfare, and then once we've got all the welfare for the rich then maybe look at cutting grannys healthcare
IllichSketchShow 2 months ago 19
@IllichSketchShow Agree
PaulsDigitalSelf 2 months ago
@IllichSketchShow it's very facetious to just to sum up all entitlement programs as "granny's health care" in reality entitlements are massively expansive and inefficent. They almost completely double how much the US spends on all of our current wars. Also, the debt owed in medicare medicaid and social security out way the World output. Not the US output but how much the world produces in a single year! Entitlements must be cut!!!
branhoff 2 months ago
@IllichSketchShow Why would it be fair to cut the welfare for the rich? So what if they don't need it, the government promised them many years ago when it stole their money that they would get it back. And, if we just sit on our hands and do nothing, the system will totally collapse leaving everyone who paid into this ponzi scheme with nothing.
engineman2050 3 weeks ago
@IllichSketchShow It will have to be phased out. There are way too many that have become dependent upon these programs. However, we are screwed if we do nothing.
Frdmstang 4 days ago
So cutting the miltary and raising taxes are out of the question. But cutting Social Security is. And if we had a Public Option that could control cost Medicare and Medicaid wouldn't be in such bad shape.
therichardking4242 2 months ago
@therichardking4242 We do, that is flying to another Country to get things like dental work done... Here is America $7,000.00 for what I need done, I can fly to another Country and my total cost is less then $1500.00 for the same work and get a vacation out of the deal as well. America is an epic failure.
MyITRcom 2 months ago
@MyITRcom So how is someone making $10 an hour going fly to another country?
therichardking4242 2 months ago
Comment removed
MyITRcom 2 months ago
@MyITRcom I suppose that you are being sarcastic, but certainly flying to another country is not an option. It's not a $7000.00 dental bill that poor and low income people are dealing with anyway. It's that they often can't pay for primary care without insurance and thus 'small' health problems become much bigger ones, which they also can't pay for. If you have just a few dollars left at the end of the month, healthcare is often the first 'extra' to eliminate.
daokuk 2 months ago
@daokuk Actually I am being dead serious. I have the plane ticket and the appointment set up already, leaving on the 7th of January. Why stick around for this BS?
MyITRcom 2 months ago
@MyITRcom Well, in that case, for you I will hope for great success in the dental work you are having.
daokuk 2 months ago
Just saying... we have 43% of the world's military.
Also... what do you base this on?
As far as I see, based on this video, everything else is growing and entitlements are shrinking until 2012. Do you believe that some how that trend is going to just stop and pull a 180 for no reason at all... or did the mayans predict that " OMG... the government is going to... HELP CITIZENS!!!! Quick... increase military spending".
ThatBlackPanda 2 months ago
Ron Paul plans to do this right?
SLCforLIFE 2 months ago
@SLCforLIFE abosofuckingsouley. read up on him more. he plans to cut $1T. in a year. included in a longer-termed plan is fazing out the IRS and most of medicade/medicare.
toSTONEiGO 2 months ago
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I AGREE CUT ALL!!!!!
ThePresD 2 months ago
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ThePresD 2 months ago
I seriously hope I don't live so long and have many health problems. I wouldn't want to be a burden for our children, since they would have to work much of their lives just so I can have at most a decade more years to live, with no guarantee of a better quality of life.
DismalSpectre00 2 months ago
I agree cut SSI but only cut it for th temperary people, like people that drink, and recovery drug addics, and deprtion people, but keep for seruose people with epolesy zerores that can not live with out help or some one that needs a transpant, people of that sort of people like me with epolepsy
how367 2 months ago
@how367 Few are on SSA disability or SSI because they are addicted. They may have other problems that you cannot identify, but you cannot get on disability for being addicted or being an alcoholic. If 'deprtion' = depression: unless you have multiple decompensations requiring hospitalizations you will not get on for depression either. Epilepsy in most cases is controlled by meds; unless there are seizures that don't respond to meds, the case will likely be denied.
daokuk 2 months ago
If Dr Miron is correct, we are doomed. If we continue funding entitlements, the out of control deficits lead to our destruction. If we cut entitlements as he suggests, we are left with a large segment of the population that will have no health care and/or financial means: a society filled with sick children, mentally ill people left to suffer, the disabled left on their own to die, and old people with even less ability to purchase food and shelter than they have now.
daokuk 2 months ago
@daokuk These segments seem entirely biased but who know, maybe it's truly the consequences of a greedy society: doom.
Hopefully it's not though
alvajum 2 months ago in playlist More videos from LearnLiberty
@daokuk Your fundamental misconception is that it's the government's job to provide all these things to people at all times. There were far fewer entitlements in the 40s,50s, and 60s. Yet society was not in shambles. Can you explain that? Here's a hint: People relied on their neighbors, families and friends for assistance, not the government.
grimelab 2 months ago
@grimelab I agree that it's not government's job; I'm saying that in our current situation ending entitlements would leave a lot of people without support and that that would be disastrous. I disagree that society wasn't in shambles in the 40s through 60s. It was better for many, but there was a lot of suffering and deprivation back then, too. I was there for a good bit of that period. It is also not true that people helped people to the extent you state. Maybe pre-WW II.
daokuk 2 months ago
@daokuk Entitlements are not the problem, but spending a billion dollar for embasseys in other countries would be a great start. This is such a ruse, the military budget IS our real problem. Not taking care of our people is a bad idea.
MyITRcom 2 months ago
with most of the america leaving the workforce in the next decade youd figure theyd want to leave some kind of security for future generationsif not they need to take it all with them
MrMrbobblehead 3 months ago
isnt ssi and welfare a safety net cuz most people are gonna retire or beeligible for it within the next decade also with that in mind most of the workforce wont be here either right so it really will be a minority of the people paying all the taxxes or not paying at all im gonna just look out for mine and say redistibute the wealth before its to late or better have better programs than the ones we have
MrMrbobblehead 3 months ago
Get rid of the Federal Reserve Banking system with its fractional reserve lending, take away the power of government to borrow money, and reinstate currency that is backed by something with actual value. It worked when Abe was president, don't know why it wouldn't work today.
willstoz 3 months ago
There is only one solution - though I doubt it is politically feasable because the one who have the most to lose are the ones who already have most of the money and most of the power.
1. Congress (and all state and local legislators) may make no law that does not equally apply to them.
2. Eliminate all forms of income tax and replace them with a consumption tax. All goods and services are taxed - the more you spend, the more you pay. You don't wan't to pay taxes? ... don't spend any money!
4aGudTym 3 months ago
@4aGudTym
Read Henry George's "Progress and Poverty" for a way to tax properly, stimulate the economy, and make things more fair. A consumption tax is horrible because it reduces incentives to buy, thus lowering demand for labor and production. We should tax land at it's value. Adam Smith, Milton Friedman, Thomas Paine, and many others all agree that this tax is best or at least say it's the "least harmful". This is why schools are funded through property taxes because you can't not pay it.
ihatemoses 2 months ago
No, here's how we really fix the budget crisis: take all the debt, and FUS RO DAH it somewhere else!
I don't know why I typed that, but it seemed like a good idea at the time.
Here's a real plan: set the tax rate for an annual income of $250k+ to 49%.
dudelikesWoW 3 months ago in playlist More videos from LearnLiberty
14 million new jobs, the lowest unemployment ie 24 years, the lowest core inflation in thirty years, incomes are rising, walfare rolls are at there lowest levels in 27 years.
mrumsower 3 months ago
Ron Paul knows best in this situation. He's gonna fix this country so that we are living what the Constitution designed.
Stardestroy 3 months ago
If you cut enough entitlements people will revolt. If you think a single thing is going to solve a complex problem like a inflated debt you are wrong. There is no easy one word solution to problems is life. You have to take into account as many factors as possible, analyze the problem, create a theory, test the theory, make corrections and then try to apply this on expanding stages. Your solution would create many more problems that what it solves. I know this does not win votes but it works
labamba8448 3 months ago
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TMIAmerica 3 months ago
Just the fact that he uses the term "obamacare" exposes that this is in fact an agenda-based (fox news style) propaganda campaign that puts ideology ahead of facts and reality.
michaelwuzthere 3 months ago
Social Security is NOT an entitlement - we ALL pay into it!
Here's my plan:
Tax the rich
Tax the rich
And tax the rich some more.
michaelwuzthere 3 months ago
@michaelwuzthere Putting together all of the money from the top 40 Billionaires in the U.S. is about $1.3 Trillion dollars... our yearly deficit is $1.6 Trillion. When will you understand that Raising taxes is not the solution? Americans sleep walk towards disaster because they are always distracted from cutting spending. Do we like to cut spending? No, but people do not understand how serious of a Debt crisis this is. We're looking at a Global Economic Collapse. Please study up!
GOllumboy101 3 months ago
@GOllumboy101 Um, excuse me? The richest people in this country have the lowest taxes in history. There's been an explosion in military spending and the same people are simultaneously cutting revenue in massive proportions.You're telling me to study up?How about you study up on how the US military is the most parasitic welfare enterprise in history.This asshole is trying to say we need to cut functioning programs for the poor and elderly, while millionaires enjoy record income and profit levels.
michaelwuzthere 3 months ago
@michaelwuzthere "The richest people in this country have the lowest taxes in history" In Capitalism, the more you make, the more you pay, that's a simple principle. In crony Capitalism, politicians align with corporate and rich fat cats making them pay little or no tax for votes + good words (Example: General Electric pays NO income tax because Jeffery Immelt was Obama's #1 campaign contributor or one of). The problem isn't the Rich paying enough, it's there's such a vast amount paying none.
GOllumboy101 3 months ago
@GOllumboy101 There is no capitalism without cronyism - never before in history has there ever been capitalism without corruption and wealth disparity. Capitalism is a system built on classism and distinction between capitalists and workers. (Unless you own a factory or a company, for one to call himself a capitalist for supporting this disgusting system is only laughable and sheepish.) People paying no taxes falls into the same problem of not paying enough, obviously.
michaelwuzthere 3 months ago
@michaelwuzthere "There is no capitalism without cronyism" That is very untrue, if the Government is limited to it's proper role of just protecting the rights of the people and does not exceed it's power, then you don't have Crony Capitalism. Crony Capitalism has more to do with the Government, not just the Corporate fat cats. I wasn't going to judge you, but I'll take it back. Never before in history has Socialism worked. The USSR is a perfect example of Socialism sir.
GOllumboy101 3 months ago
@GOllumboy101 The fact that you're saying that the USSR is a perfect example of socialism displays that you have no comprehension of what 'socialism' is. The USSR was anything but socialism, being that socialism is to bring about the end of the state - the USSR was strengthening and perpetuating statism, which is the opposite of socialism. And you say "never before in history" as if socialism has a long history. Meanwhile, capitalism (yes, actual capitalism) has a history of self-destruction.
michaelwuzthere 3 months ago
@michaelwuzthere 2nd Comment (read 1st to please): The military spending is broke down into two, I agree that we should get out of the Middle East for economic reasons definitely, I DO NOT however, believe in cutting any of the soldiers salary, they make little as it is. Sure they're funded, but other then that they make shit. My brother is a Navy Nuke Tech on the U.S.S. Enterprise. I could go into what areas I want to cut, it's more then you think. What about Obamacare? How much is that? :)
GOllumboy101 3 months ago
@GOllumboy101 The US Military is a tool used by Wall Street for its own protection and profit.All supplies are privately supplied for profits,therefore the suppliers on Wall Street have a vested interest in perpetuating war so that their profits can be maintained.We could cut that budget in half and still have the most highly funded military in the world.
As far as the healthcare law (ignorantly called"Obamacare"),it's a step in the direction of helping the poor,but it keeps insurance companies.
michaelwuzthere 3 months ago
@michaelwuzthere "The US Military is a tool used by Wall Street for its own protection and profit" What lol? Wall Street may be greedy, but they DO NOT control the Military, that's under the Fed's control. You sound like one of those OWS protesters that think Wall Street is responsible when really they were the ones under attack by the Government + Federal Reserve that causes them to be greedy. "it's a step in the direction of helping the poor" LOL IT FORCES THEM TO BUY, IT'S NOT FREE DIP SHIT!
GOllumboy101 3 months ago
@GOllumboy101 Yes, Wall Street does control the federal government, and thus their interests dictate the actions of the military. But you sound like a crass spoiled child who doesn't want to listen to facts or reason if they don't go his way. Wall Street under attack by the government? You must live in a fantasy world, because it was Wall Street lobbyist that made the legislation giving them all-access to treasury funds. You don't sound very smart at all, you just sound like an ignorant fool.
michaelwuzthere 3 months ago
@michaelwuzthere 3rd comment (please read the 2nd and 1st): I'm sure Bush did what Obama did... that's just another comparison. But it's funny to see Obama supporters think they elected someone of change when really they elected a guy that only increases the pace of what Bush's economic policies were. I see you're a socialist, I'll try not to judge you on that (me being a capitalist), but I will say I think you need to hear out Ron Paul.
GOllumboy101 3 months ago
@GOllumboy101 FYI, I don't support Obama, being that he was a new marketing campaign for the same disgusting product. The only politicians I have any respect for are Bernie Sanders, Elizabeth Warren, and lesser Ron Paul. Even though he's spot on with foreign policy and social issues, his economic view is a world of total capitalism, in which the rights and dignity of working people are diminished to maintain the principles and tradition of markets and all-mighty capital.
michaelwuzthere 3 months ago
@michaelwuzthere "his economic view is a world of total capitalism, in which the rights and dignity of working people are diminished to maintain the principles and tradition of markets and all-mighty capital." He knows how to WORK capitalism the right way. It's 3 simple steps really:1. Cut Taxes, 2. Cut Spending, 3. Let the FREE MARKET ECONOMY WORK ITSELF! The Depression of 1920 was over very quick because the Government cut HALF their spending and let the free market work itself. You're blinded
GOllumboy101 3 months ago
@GOllumboy101 Total capitalism doesn't work, we used to have it and there's a reason that we don't any more. People don't want to go back to the days when children worked all day all week in factories instead of having access to education, or when people had to live in miserable conditions because it was more profitable for the obscenely wealthy. Capitalism is a fundamentally self-destructive system, built on classism, environmental destruction, and perpetuation of debt and poverty.
michaelwuzthere 3 months ago
@michaelwuzthere That wouldn't even put a dent in the deficit.
moonshot926 3 months ago
@moonshot926 The Bush tax cuts alone cost $3.5 trillion all together.
michaelwuzthere 3 months ago
@michaelwuzthere
Actually, it is. The money retirees payed into it is gone and spent. What's replacing that money? Current contributors to the system; meaning, my grandmother's social security check is comprised of current tax payer money. Yes, we all have payed into it. Does that give my grandmother the right to deprive me of my wealth because some politicians spent her money a long time ago?
Soupflakez 3 months ago
@Soupflakez Money goes into social security every month. They need to secure the fund and stop spending it on other crap. But instead, some idiots like on here would rather just say 'not worth it, just cut it out entirely, let the elderly rot in a ditch, it's going against my freedom, blah blah blah"
michaelwuzthere 3 months ago
@michaelwuzthere
I understand those concerns and they are totally valid. What I would argue is that we need a rapid transition and eventual phasing out of Social Security over the long term (e.g., let younger people opt out and cut spending to make SS solvent during its phasing out). Unfortunately, I am afraid that time has come and gone. What we are facing in the next 5-10 years is a total economic collapse caused by the destruction of our currency.
Soupflakez 3 months ago
@michaelwuzthere The problem with that is that as it is, the government could confiscate every single penny from the top 400 billionaires in this country, and we would still have a deficit for just this year. Besides, countless European countries have tried to solve their debt problems by taxing the rich, such as Greece. How's that working for them?
xtreme1002003 3 months ago
@xtreme1002003 So you're saying don't tax the rich anymore? When they get away with paying nearly nothing in taxes? And if you're seriously blaming on the Euro financial crisis on a progressive tax system, you clearly have no comprehension of what you're talking about.
michaelwuzthere 3 months ago
Well you might wanna tell Senior citizens to get back to work. Any hands?
Tobriep81 3 months ago
How about cutting health costs, cutting health cost, cutting health costs.
rentcostumes 3 months ago
so many fallacies in the comments. In the recent ones a commentor mentioned Canada. Canada was in financial distress and is stable again because of cutting the size of government recently. for the commentor that suggested paying for our own police and fire. The video is about federal spending not local and state. as for soldiers. Federal spending on the military is a constitutionally mandated activity.
brianlieberth 3 months ago
this is so far removed from fact... complete BS
etzel33 3 months ago
This guy is so bought. Haven't his mom ever told him not to tell lies. First off, Social security is already paid into by the people!! the reason why its going bankrupt is because the government already spent the money, that was paid in by the tax payers, on shit like wars and bailing out wall street. By cutting social security you are essentially robbing tax payers of what they already paid for. If you want to cut social security, then give back the tax payer share of their deposits.
typesloweatpho1 4 months ago
@typesloweatpho1 - Wow, have you been sold a bill of goods.
Social security is by no means paid for, and as the population ages, this will become more and more clear. People used to have more children to care for them in their old age, but now the gov't will take care of them, they have fewer children. But that also means fewer payers.
There are no social security deposits, and they're NEVER were. That's how the law was sold, but not how it was written. You do not have an account anywhere.
mpc91 3 months ago
They man in this video thinks the trillions they are spending on wars don't matter. the worst kind of entitlements are the billions they send to other nations and the trillions we spend on troops in other lands. not to mention the useless departments and the useless feeders that they employ.
jerryjamify 4 months ago
@jerryjamify - Trillions? By the count of an anti-war website (costofwar . com) it's at 1 trillion. Total, over ten years.
But over that same time, the federal budget has doubled, from about 2 trillion to almost 4. Every year. It's not just the military. I'm not saying that they are not spending too much. Clearly they are.
But the entitlement programs, which don't eliminate poverty, don't improve the quality of healthcare, nor the condition of seniors, are underfunded by over $100 trillion.
mpc91 3 months ago
@mpc91 I believe its about a trillion to maintain the troops spread throughout the globe, them ad that to the trillion we spend actually warmongering in the middle east...and what about the nearly three trillion rummy said was missing from the pentagon in 2001? . I think trillions would be appropriate. but your right on a yearly bases the intitlement system is the biggest....not sure though if the pie scale is allowing for what people pay in or is it just showing whats going out....??
jerryjamify 3 months ago
@jerryjamify - Again, I'm not going to argue that the spending on the military isn't a problem. But no, it's not a trillion a year. All the adjectives you can add don't make it a trillion. But the video doesn't say anything about wars, because as pricey as they are, they don't compare with the $100+ trillion underfunded entitlement programs that are going to absolutely erupt as the baby boomers retire. There are not enough payers to support the retiring generation. What goes in will go down.
mpc91 3 months ago
@mpc91 I pretty much agree with what you say. its pretty much over with because the American people will never elect strong enough leadership to fix the problem....Its just a matter of time before if comes to an end,"Road Warriors" in real world is whats ahead I presume.
jerryjamify 3 months ago
Put the government in charge of sea salt and eventually the earth will be covered in fresh lifeless water.
jerryjamify 4 months ago
@jerryjamify Someone doesn't know how evolution/natural selection works. Life goes on. The seas would be dominated by freshwater creatures.
Though the salt ones would die out unless some can tolerate it.
DannyPhantomBeast 4 months ago
Canada has universal health care and is also not in a financial crisis.
How about getting some banking regulations, bringing your troops home, fixing your broken healthcare system and simplifying taxes. THAT is the answer.
scamperly 4 months ago
@scamperly pretty sure banking regulations are what caused this
GanjMahal 3 months ago
@scamperly - Canada also cut a great deal more spending than the US did. They reduced spending by 10% of GDP over the past 20 years, and their central bank wasn't as reckless as the Fed was. Do they have a Freddie and Fannie pushing moral hazard?
The US healthcare system is the best in the world, and that's even factoring in the tumor that is medicare and medicaid driving up prices.
Taxes do need to be simplified. I agree with you there. But entitlements really, really need to be cut.
mpc91 3 months ago
@scamperly RIght . . . let's take the entitlement that is breaking us and instead of just making it available to seniors, let's extend it to everybody. I'm sure that's the answer.
jawnybnsc 3 months ago
He said Obamacare and just lost all credibility.
insperatus 4 months ago
@insperatus Cute, you don't like his terminology so you throw his argument out and move on.  Must be really convenient for you to not have to scrutinize so many arguments.
Jordoom777 3 months ago
@Jordoom777 I do use the language someone is choosing to make their point with in helping to decide whether or not I think they're credible. Clearly, using "Obamacare" is a red flag for partisan mentality. I don't trust the partisans, sorry. He may have something valuable to add but if he speaks merely to one side he won't reach those whom need the most convincing. Only a bi-partisan or non-partisan approach is worthy, this is just my opinion of course. Care to rebut?
insperatus 3 months ago
@insperatus Obamacare is hardly a partisan phrase, it's a colloquial term for the Patient Protection and Affordable Care Act, much like TARP is often referred to as "the bailout." What is your problem with Obamacare? It's a health care initiative that President Obama pushed for, no? It's not pejorative, unless said with a sneer, but by that standard anything can be pejorative. Hell, I've used up most of my allotted characters just typing out the full name of "Obamacare" ironically enough.
Jordoom777 3 months ago
@Jordoom777 I respectfully disagree. I don't think Democrats refer to HR 3962, the 'Affordable Health Care for America Act', as 'Obamacare'. I've been proven wrong before though. Do you have any evidence to the contrary?
insperatus 3 months ago
@insperatus What does it matter? Who cares? Everyone says Obamacare. Why do Democrats call supply-side economics "trickle down economics"?
moonshot926 3 months ago
@moonshot926 ""It's kind of hard to sell 'trickle down,' so the supply-side formula was the only way to get a tax policy that was really 'trickle down.' Supply-side is 'trickle-down' theory." —David Stockman, Ronald Reagan's budget director
Language matters. Amazing concept, isn't it?
insperatus 3 months ago
@insperatus There is really no such thing as "trickle down economics". It's a straw man pejorative set up by liberals to divert attention from the fact that supply side economics has a much stronger track record of producing growth than "demand-side" economics. If demand-side economics actually worked as advertised we'd be in the middle of a really large economic boom. Supply-side economics was the basis for the 25 year mega-expansion the US experienced starting in 1983.
moonshot926 3 months ago
@moonshot926 I don't buy any of that. Smells like revisionism. Do you have any data to back up what you're saying? Supply-side economics = more money and support for the wealthy, its unsustainable. The rich need to be taxed as the poor are taxed. Tax millionaires, they are not the job creators. Small businesses are the job creators.
insperatus 3 months ago
A video in support of cutting healthcare with 190 likes and 42 dislikes? What in the name of holy hell is going on here?
ElectricG 4 months ago
We need reform not cuts. We spend twice as much as the next highest country per capita on health care and have some of the worst results in the industrialized world. REFORM can bring more benefits and cost less. CUTS rob from those who need it most.
mechadamuramu 4 months ago
Cut S.S, Medicare, Medicade, FEMA funding, get rid of the Federal Income Tax, fire all federal government employees excluding the Military & Judicial parts, and place a sales tax of 5% to pay for the remaining obligations. Did it in less than a minute.
TumisHumis 4 months ago
Some say it's heartless not to steal from some to give to others. What's heartless is to steal and not use the money efficiently
ElJefer 4 months ago
wtf ? Why don't you mention that 25% of the state's bugdet for 2010 was military expenditure, aka, Iraq and Afghanistan wars ? So you'd rather cut on healthcare, than to stop two useless wars, that if you'd just cut that part of the state bugdet, then the state would have a surplus even with the low tax rates. Yeah, kills americans in battle, and let them die in their own country without proper healthcare.
jceiras 4 months ago
Bacon strips and then bacon strips and then bacon strips and then bacon strips...
CPax87 4 months ago 3
Entitlements and "promoting the general welfare" are two different things. Entitlements become a drain on society and do not encourage re-investment. There are many ways to promote welfare, not everything has to be monetary program based. Giving people the tools to compete is one example of "promoting the general welfare" without draining the national treasury.
TheFederalistVoice 4 months ago
just let all the old people on medicare die because it costs the goverment to much money...heres a thought....why not just end the drug war, and war on terror...
12saltandvinegar 5 months ago
@12saltandvinegar  All youth should be strangled at birth, This would leave more drugs for the ancients.
grandaddyc 5 months ago
@grandaddyc i dont get it?
12saltandvinegar 4 months ago
@12saltandvinegar We the ancients gave you a good infrastructure water power education etc .Then about 20 years ago ,like drunken sailors you had unpaid wars bought other peoples goods and made debt a way of life and corrupted the worlds currency.The way back will be long and painfull.And you say let the old people die We gave you life Should we have? My advice, change your mindset and your political system to one which can not be bought! have a nice day!
grandaddyc 4 months ago
@grandaddyc i was being sarcastic dude. i love old people. hahaha. but seriously, i was just trashing on this video. i love america's entitlement programs, and think there should be socialized medicine across the bored, im 19. so i didnt quite have a hand in killing this economy. ..
12saltandvinegar 4 months ago
@12saltandvinegar Oh  2b 19 again ! Peace !
grandaddyc 4 months ago
@12saltandvinegar
>love america's entitlement programs
>be 19
carry on, give us a call back when you have to put food on your own table. 
GanjMahal 3 months ago
@GanjMahal ahhhh fuck off? i moved out of my parents house when i was 16 and have been supporting my self ever sense...i normally dont feed trolls, but your just plain wrong man..
12saltandvinegar 3 months ago
@12saltandvinegar I do not believe you.
GanjMahal 3 months ago
@GanjMahal and being young doesnt make you lazy. it just shows how ignorant you are in saying something stupid like that.
12saltandvinegar 3 months ago
This has been flagged as spam show
@12saltandvinegar and it just shows how stupid you are that you think what I said had anything to do with the young people being lazy.
GanjMahal 3 months ago
His philosophy is purely numerical. A wise man once said, "Show me your pocket book and I'll tell you what you care about." Or better yet, Jesus said, "for where your treasure is, there will your heart be also." Morality has a lot to do with entitlement spending, but I'm sure that doesn't even matter to him...he teaches at Harvard.
sleezyque8 5 months ago
This guy is Jeff Miron, *director of economics* for harvard... If you're trying to fix this situation in america and you work in economics if you have a all the right answers why don't you put your 2 cents in and speak to the president your self and work on deal/compromise/plan that would fix a lot of fuckin shit. you know what i mean?!? lol
RzXVeRSaTiiLe 5 months ago
@RzXVeRSaTiiLe - The president would never give two seconds of thought to what any of his critics have to say.
Just look what happened after people called him out for saying that ATMs and other forms of automation are "job killers."
StateExempt 5 months ago
as simple as that get rid of all those programs even a 5yr can do i dont know why these senators cant do it its really shows how American politicianers are soo deluded!!!!!!
britney1456789 5 months ago
(accordance IRS Tax Bracket) Poor =A Family of 4 with approximate yearly net income of $22,000. Lower-middle Class = Family of 4, approximate net income of $80,000. Middle Class = Family of 4, approximate net income of 100K. Upper-middle Class = Family of 4, approximate net income of 300K. The Rich = to have a Million $ in Liquidable assets & THE 2% Multi-Billionaires that want a tax break -individuals getting entitlements, the poor & lower-middle but this Harvard schmuck wants to screw them
TheOdhisattva 5 months ago
This is all nonsense! this is just another right-wing channel spewing its greedy dirty manipulations
MrHotdog30 5 months ago
The only solution to this is to find someone powerful enough to admit to the entire world that the cure for cancer and every other chronic disease has already been found and scientifically proven and that governments and drug companies have been suppressing forever. We also need to get the science out because over 90% of people dismiss this as "a ridiculous conspiracy theory" as they can't imagine that their own government would let thousands die daily for profit.
aabsc 5 months ago
@aabsc And the best part is the cure to every chronic disease is 100% free (which is why they are so heavily suppressed as no one will EVER be able to make a single penny of profit out of it, as nature intended). Nearly 100% of "incurable" chronic diseases are due to the fact that over 95% of what 99% of people eat is completely artificial, toxic man made junk. 99% of items in grocery stores today have at LEAST 1, often 5 or more cancer causing or otherwise toxic ingredients, thats why were sick
aabsc 5 months ago
So the solution is to ban absolutely every toxic ingredient from being allowed in food and within days people will see their health improve, and within weeks and months most people's diseases will be cured, obesity will be on the way out forever, and the economy will spring to life, but only if the food supply is ever detoxified.
aabsc 5 months ago
Kill all old people. I think. He is saying
blldawson902 5 months ago
@blldawson902 The best way to kill all old people is to keep growing medicare and medicade until they are so expensive we go bankrupt. Then there will be nothing left for anyone
If you want to kill old people support the current medicare/medicade system.
FartyFace 5 months ago
CBO is a credible source, they believed we would be out of recession and back to 2008 levels of GDP after the bailouts...
thefredsays 5 months ago
@thefredsays Calculating the progression of baseline spending is something that is hard to get wrong (or at least horribly wrong), given the current progression of spending and predicted demographic trends, it's clear SS and Med. will rise a lot.
But yeah, CBO and countless others failed HARD to predict the impact of the stimulus, not just because the economy is really something nearly impossible to specifically predict but also because they were based on the bullshit Keynesian "multipliers".
Chaos511 5 months ago
@Chaos511 The Keynesian Multipliers have become bullshit since much spending gets sucked away in foreign markets. The stimulus always doesn't work since it gets sucked in graft. The federal government in the US doesn't have effective to tax the globular fat corporate entities. Instead they go after individuals and society as a whole.
thefredsays 5 months ago
Setting up a tax base that will fund universal healthcare would easily solve this problem. But that will never happen because healthcare is run by private hospitals and insurance companies that want to make money. That money is made in large part by Medicare and Medicaid. It's a cash cow for two major industries.
xtriager 5 months ago
conservative propaganda
orangeluva56 5 months ago
@orangeluva56 It's libertarian propaganda. This idea happens to be the same as the conservative's in regard to entitlements.
ancavalcanti92 5 months ago
Please realize that Miron is arguing to cut out Medicare, Medicaid and Social Security on a FEDERAL LEVEL. He is not advocating completely taking it away, but let it exist on a state level where the state can award tax money (that YOU vote where it should be spent!) to the businesses that offer the best healthcare, low-income support and a version of Social Security. You would be in charge of what you want, NOT THE GOVERNMENT!
That is a true free market.
cphormongo 5 months ago
Actually medicare and all that crap make up a very significant part of the deficit. The only way to truly battle the debt without completely being a privatized shithole is to raise taxation and cut unnecessary costs. Stop the wars, cut military spending... change the system so that people don't have toï