Message from @Blackhawk342

Discord ID: 510939953329602562


2018-11-10 20:27:02 UTC  

Essentially requiring states with balanced budgets and surpluses, even, to pay what amounts to foreign aid, by force.

2018-11-10 20:27:22 UTC  

So a system that works is required to support a system that doesn't.

2018-11-10 20:33:47 UTC  

With that in mind it becomes quite apparent why Californians are advocates for redistribution of wealth. Their lifestyles are already dependent on it.

2018-11-10 20:47:09 UTC  

But Cali is a doner state

2018-11-10 20:53:55 UTC  

barely. they receive $0.99 in federal funds for every dollar of federal tax.

2018-11-10 20:54:50 UTC  

<https://www.politifact.com/california/article/2017/feb/14/does-california-give-more-it-gets-dc/>
`In January 2017, the California Legislative Analyst’s Office said by several measures California is, indeed, a donor state, but just barely. It receives $0.99 in federal expenditures per dollar of taxes paid, which is below the national average return for states of $1.22 per dollar paid, according to its review of a 2015 New York Comptroller study.`

2018-11-10 20:55:54 UTC  

that's a precarious balance, based largely on the golden goose of the tech sector.

2018-11-10 20:56:44 UTC  
2018-11-10 20:57:35 UTC  

My point is that I don't see this "foreign aid" from other states

2018-11-10 20:58:34 UTC  

how do you square giant federal spending with the 10th amendment?

2018-11-10 20:58:57 UTC  

medicare, medicaid, social security, and the whole shebang

2018-11-10 20:59:18 UTC  

I stand 1 percent corrected

2018-11-10 21:38:53 UTC  

The power to tax is how it was justified.

2018-11-10 21:55:08 UTC  

If we end Social Security and Medicare what will that mean for the elderly? The two were created at different times but because the elderly were destitute.

2018-11-10 22:07:46 UTC  

Do what Milton Friedman said: convert all outstanding social security liabilities to federal bonds and end the program.

2018-11-10 22:08:00 UTC  

rip that bandaid off.

2018-11-10 22:09:12 UTC  

everyone gets what they have been promised, but new workers no longer have to pay into the system. they'll only get a bond proportional to what they've paid in.

2018-11-10 22:09:57 UTC  

couple of decades later, all the bonds will have come to term and the whole problem is solved.

2018-11-10 22:10:01 UTC  

The elderly can be cared for by friends and relatives. Failing that, they probably would end up in low-paying positions and low income housing. With their higher than average medical costs, they would most likely die younger.

2018-11-10 22:12:21 UTC  

no real need for that. with the bond conversion idea the elderly still get their money. but young workers are going to have to learn to make significant retirement savings.

2018-11-10 22:12:57 UTC  

If you arent doing that already you're in for a rude surprise

2018-11-10 22:13:01 UTC  

the whole process of weaning society off social security will probably take 30-35 years, but it'll be much less painful.

2018-11-10 22:13:16 UTC  

And what of people who cannot afford living expenses or health care in advanced age?

2018-11-10 22:13:26 UTC  

Then they get help or they die.

2018-11-10 22:13:40 UTC  

charity and family.

2018-11-10 22:13:50 UTC  

Will the electorate accept the elderly dying for lack of money?

2018-11-10 22:14:04 UTC  

Hmm? Probably. Once the electorate is younger.

2018-11-10 22:14:27 UTC  

I think Penn Jillette had a good line here: "If you want to help people, then help them"

2018-11-10 22:14:29 UTC  

I mean I keep hearing that what has to happen to make the country better is that "the old racists need to die off"

2018-11-10 22:14:43 UTC  

if you personally feel that there are elderly people who need financial help, then help them

2018-11-10 22:14:57 UTC  

that's compassion

2018-11-10 22:15:20 UTC  

I do but I can't help everyone

2018-11-10 22:15:28 UTC  

So you would make other people help everyone.

2018-11-10 22:15:34 UTC  

no one is expecting you to

2018-11-10 22:15:34 UTC  

and that's a noble thing. but using the force of government to redistribute wealth is not noble.

2018-11-10 22:15:39 UTC  

And in a world as you described I need to think of my own retirement

2018-11-10 22:15:45 UTC  

Yes. Start saving.

2018-11-10 22:15:49 UTC  

do you not do that already?

2018-11-10 22:15:54 UTC  

I already have a fairly healthy IRA.

2018-11-10 22:15:54 UTC  

Oh, I have

2018-11-10 22:16:08 UTC  

Social security cant possibly cover all living expenses