I think the age of retirement should be at 55. Too many 55+ year olds have a heart attack in the job. Paul Ryan is wise to retire at 48.
Just find an MD to sign your disability paperwork and you can retire right now. 14 million other people are doing it. Why wait until 72 yoa when it's sure to be all gone even if you do live that long?
my understanding is that anyone can retire at whatever age they like...and still go on to another job...or not....but Ryan still isn't eligible to collect social security yet, or did you have other information.
I guess Jesse Jackson Jr. has set a precedent amongst congressional Democrats with his $8500/month in congressional disability. And you can always double and triple dip.
Last edited by ICCrawler - ICjobs on Thu Apr 12, 2018 9:28 pm, edited 2 times in total.
And when the confederates saw Jackson standing fearless as a stone wall the army of Northern Virginia took courage and drove the federal army off their land.
ajax18 wrote:I guess Jesse Jackson Jr. has set a precedent amongst congressional Democrats with his $8500/month in congressional disability. And you can always double and triple dip.
Ugh. That whole family is comprised of parasites. It'd be nice if someone had the balls to kick him off the dole.
- Doc
In the face of madness, rationality has no power - Xiao Wang, US historiographer, 2287 AD.
Every record...falsified, every book rewritten...every statue...has been renamed or torn down, every date...altered...the process is continuing...minute by minute. History has stopped. Nothing exists except an endless present in which the Ideology is always right.
When someone says Ryan is 'retiring', I don't think it means literally from the workforce. But Paul Ryan started his career as a budget wonk and deficit hawk. That was his raison d'être in politics, and he is leaving with with a trillion dollar deficit looming. His announcement sounded like he was handing off the Party in great working order, but it feels like he's on the last helicopter out of Saigon. I think his rationalization is that the Party of Trump is cannot be defended or saved. Better to get the hell away, let the whole thing blow up, and hope to rebuild in 2020.
But don't let his calm assurance fool you. He came to Washington going after the deficit like the North Vietnam. He is leaving the House the way the U.S. left South Vietnam, trying to get as far away as possible before the end comes.
I would really like to know what he thinks right now, and what he will think in six months. When you are living in a dystopia, it is dangerous to wake up.
"The great problem of any civilization is how to rejuvenate itself without rebarbarization." - Will Durant "We've kept more promises than we've even made" - Donald Trump "Of what meaning is the world without mind? The question cannot exist." - Edwin Land
I would really like to know what he thinks right now, and what he will think in six months.
Did Ryan ever really get any significant cuts to welfare spending done while he was in Washington? The Democrats accused him of pushing Granny over the cliff but what did he really do? Obama added more to the national debt than every other president before him combined. A Republican Congress was responsible for agreeing to over half of that. They had the power of the purse and folded every time.
And when the confederates saw Jackson standing fearless as a stone wall the army of Northern Virginia took courage and drove the federal army off their land.
Res Ipsa wrote:Maybe if I put the words in a meme you’d get it.
maybe you should because that would prove you at least read them once. He is without a debt a vested senator, but I've checked twice, he ain't 62.
Seek freedom and become captive of your desires...seek discipline and find your liberty I can tell if a person is judgmental just by looking at them what is chaos to the fly is normal to the spider - morticia addams If you're not upsetting idiots, you might be an idiot. - Ted Nugent
Obama added more to the national debt than every other president before him combined. A Republican Congress was responsible for agreeing to over half of that. They had the power of the purse and folded every time.
That is mostly incorrect.
Deficits — Under Obama, annual federal deficits fell, but then turned up again.
The deficit hit $1.4 trillion in fiscal year 2009. As we’ve documented elsewhere, Obama inherited most of that deficit and signed spending measures that contributed as much as $203 billion to FY 2009’s red ink.
After that, the yearly deficits declined markedly for several years. In fiscal year 2015, the deficit was $438 billion, a drop of 69 percent from FY 2009.
But deficits were again on the rise as Obama left office. The nonpartisan Congressional Budget Office estimated in June 2017 that the deficit for FY 2017 — which ends Sept. 30 and is the last one for which Obama signed spending bills — will increase to $693 billion.
Republicans use a sound bite that the federal debt doubled under Obama. In looking at the numbers that is close to being numerically correct but falls short of being 100%. However when you take into account the Great Recession, making W. Bush’s temporary tax cuts permanent, increased Social Security and Medicare spending as more Baby Boomers retire and become 65 years old and the Afghanistan and Iraq wars he inherited the story is quite different.
...
According to the U.S National Bureau of Economic Research, the Great Recession started in December 2007 and ended in June 2009. President Barack Obama was sworn in on January 20, 2009, so it had already started before he entered office.
The first thing you notice when looking at the federal deficits from fiscal 2007 (the U.S. government fiscal year ends in September) is that it increased by almost $1 trillion from fiscal 2008 (two months before Obama was elected and four months before he was sworn in) to fiscal 2009. It remained over $1 trillion per year for four years and got below Bush’s last years deficit in fiscal 2015. It continued to decrease until Obama’s last year and has increased in Trump’s first year in office.
Fiscal 2007: $161 billion (next to last year of Bush’s second term) Fiscal 2008: $459 billion (beginning impact from the Great Recession) Fiscal 2009: $1.4 trillion (Obama’s first year and in the teeth of the Recession) Fiscal 2010: $1.3 trillion Fiscal 2011: $1.3 trillion Fiscal 2012: $1.1 trillion Fiscal 2013: $680 billion Fiscal 2014: $485 billion Fiscal 2015: $438 billion Fiscal 2016: $587 billion Fiscal 2017: $666 billion (Trump’s first year of his Presidency)
It is clear that the almost $1 trillion jump between fiscal 2008 and 2009 was due to the Great Recession. Tax receipts fell, expenditures rose and Obama and Congress passed the American Economy and Reinvestment Act to combat the recession.
Obama added more to the national debt than every other president before him combined. A Republican Congress was responsible for agreeing to over half of that. They had the power of the purse and folded every time.
That is mostly incorrect.
Nope, it's mostly correct. Democrats, especially those trying to defend Obama's economic fallacies, love to confuse deficit and debt - like you here. But when one is an adult, and hair fire free, one understands that the two concepts are distinct from each other. Get thee to a basic economics class.
Seek freedom and become captive of your desires...seek discipline and find your liberty I can tell if a person is judgmental just by looking at them what is chaos to the fly is normal to the spider - morticia addams If you're not upsetting idiots, you might be an idiot. - Ted Nugent
Whatever the excuse for Obama and the Republican congress spending as much as they did, it doesn't mean they didn't spend it.
And when the confederates saw Jackson standing fearless as a stone wall the army of Northern Virginia took courage and drove the federal army off their land.
subgenius wrote:Nope, it's mostly correct. Democrats, especially those trying to defend Obama's economic fallacies, love to confuse deficit and debt - like you here. But when one is an adult, and hair fire free, one understands that the two concepts are distinct from each other. Get thee to a basic economics class.
No that is incorrect. The only people confusing debt and deficit are idiots like you who never understood either until we educated you on the subject years ago. Only the really, really dumb people are still propagating this old refuted meme about Obama spending more than all Presidents combined. No surprise you're among them. Obama brought down the deficit at record levels, that's just a fact. The debt was skyrocketing as he took office primarily thanks to funding Bush's dumb wars along with his tax cuts for the wealthy. Babyboomers retiring by the thousands every day also adds mandatory government spending that has nothing to do with Obama. So none of that constitutes "Obama spending" money. The deficit as a percentage of GDP was a whopping 9.8% in 2009 and was reduced every year Obama was in office to just 2.4%. No person in their right mind who understands the federal budget would ever attribute $10 trillion to "Obama spending."
Brackite wrote:Fiscal 2007: $161 billion (next to last year of Bush’s second term) Fiscal 2008: $459 billion (beginning impact from the Great Recession) Fiscal 2009: $1.4 trillion (Obama’s first year and in the teeth of the Recession) Fiscal 2010: $1.3 trillion Fiscal 2011: $1.3 trillion Fiscal 2012: $1.1 trillion Fiscal 2013: $680 billion Fiscal 2014: $485 billion Fiscal 2015: $438 billion Fiscal 2016: $587 billion Fiscal 2017: $666 billion (Trump’s first year of his Presidency)
The $1.4 trillion deficit of 2009 was only partially attributable to Obama because the budget for fiscal year 2009 was largely in place in October 2008, well before Obama took office. CATO explained this back in 2009 but FOX News and the Right Wing morons ignored this fact anyway. The bulk of Obama's contribution to that deficit was the American Recovery and Reinvestment Act of 2009. It was a $800 billion stimulus measure that actually worked quite well, but roughly $300 billion of that was in the form of tax cuts.
