The Simple Truth

by: Les Carpenter
Rational Nation USA
Birthplace of Independent Conservatism

Business Insider points out the obvious in our nations fiscal crisis. The fact we cannot grow our way out of the mess we find ourselves in and that we must cut spending should be obvious. However, in the new vernacular that describes spending as "investments" it is clear it is not so obvious to some in Washington.

2010 US Income and Expense Statement



The clock is running out. Read the article here.

Via: Memeorandum

Comments

  1. AnonymousSun Feb 27, 08:22:00 PM EST

    Well, it looks to me like we could fix the budget real quick by raising the social security income level to like a million dollars rather than the 106,800 that it is now...

    ReplyDelete
  2. Les CarpenterSun Feb 27, 08:31:00 PM EST

    You have no argument from me on your point. I would have to see the actual numbers as to how much impact that would have. It would certainly lower the shortfall, I doubt it would resolve it entirely.

    We need to see the numbers.

    For the record, philosophically I am opposed to taking a portion of person's income by force for social security. That should be left to the individual.

    Having said this I gave up the argument and fight long ago actually because it ain't ever going to happen. And since I have been forced to pay into SS for 42 years, with 6 more to go, I do want my "investment" back.

    ReplyDelete

Post a Comment

RN USA is a No Judgement Zone (to steal from Planet Fitness), so please, No Judgement of others. We reserve the right to delete any such comment immediately upon detection.

All views are welcome. As long as the comment is on topic and respectful of others.


Top Posts

The "Scandal" That Won't Go Away...

by: Les Carpenter Rational Nation USA Lib erty -vs- Tyr anny CBS - Obama administration officials who were in key positions on Sept. 11, 2012, acknowledge that a range of mistakes were made the night of the attacks on the U.S. missions in Benghazi, and in messaging to Congress and the public in the aftermath. The officials spoke to CBS News in a series of interviews and communications under the condition of anonymity so that they could be more frank in their assessments. They do not all agree on the list of mistakes and it's important to note that they universally claim that any errors or missteps did not cost lives and reflect "incompetence rather than malice or cover up." Nonetheless, in the eight months since the attacks, this is the most sweeping and detailed discussion by key players of what might have been done differently. "We're portrayed by Republicans as either being lying or idiots," said one Obama administration official who was part
Read more

Our Biggest Creditor {China} Tells Us "The good old days of borrowing are over"

Image
by: Les Carpenter Rational Nation USA Birthplace o Independent Conservatism Liberty -vs- Tyranny As the chickens come home to roast... Unbelievable we have been this stupid. ( Reuters ) - Global leaders on Saturday arranged a round of emergency calls to discuss the twin debt crises in Europe and the United States that are causing turmoil in financial markets . After a week that saw $2.5 trillion wiped off global stock markets, they are under pressure to show political leadership and reassure markets that Western governments have both the will and ability to reduce their huge and growing public debt loads. French President Nicolas Sarkozy, who chairs the G7/G20 group of leading economies, conferred with Britain's Prime Minister David Cameron ahead of a call planned for this weekend by G7 finance ministers and central bankers. "They discussed the euro area and the U.S. debt downgrade. Both agreed the importance of working together, monitoring the situation closely
Read more

The Ignorance and Arrogance of Obama...

Image
by: Les Carpenter Rational Nation USA Liberty -vs- Tyranny In my opinion the President, in his attack on the United States Supreme court belies both his basic ignorance of our republic as well as his arrogance. His last uttering in and of itself is enough to deny the man, and I use the term loosely in this case, another term as President. Forgive me my rational liberal friends but his recent statement is more telling of his statist leanings than anything he has heretofore said. With this last he has proven beyond any doubt he is indeed clueless. The Washington Post - There was something rather unsettling in President Obama’s preemptive strike on the Supreme Court at Monday’s news conference. “I’d just remind conservative commentators that for years what we’ve heard is the biggest problem on the bench is judicial activism or a lack of judicial restraint — that an unelected group of people would somehow overturn a duly constituted and passed law,” Obama said. “Well, here’s a
Read more

Obama the Socialist, or Is He? Listen to the Voice of One Who Knows...

Image
by: Les Carpenter Rational Nation USA Liberty -vs- Tyranny at the 44th Karlovy Vary International Film Festival Every so often we have our views called into check. Whenever this happens the wise person considers the perspective, as well as the experiences of the person calling the entrenched views into check. In doing so one learns and therefor grows. At least that is how it should work. Milos Forman , the immigrant from Czechoslovakia who later won Academy Awards for best director for the films “One Flew Over the Cuckoo’s Nest” and “Amadeus”, provides just such a check for America. He clearly, and accurately describes American politicians misunderstanding of totalitarianism and western European democratic socialism in his July 10th op-ed piece in the New York Times . He ends the article with a very poignant warning. Mr. Obama, and politicians of both major parties, as well as every American citizens ought to consider his words... and warning. The New York Times - WHEN
Read more

Humor in Truth...

Rational Nation U S A Purveyor of Truth Eleven days into 2016 and still recovering from the hustle and bustle of the preceding year end holidays I was looking for something to get me back to normal and give me a great belly splitting laugh. But that laugh needed to be a laugh caused by something that was funny because of the great truths it held. Today that great belly splitting laugh happened. June 28, 2015 Jeff Landry, an aide to Donald Trump, scratched the back of his right leg with his left shoe, stalling. You have to answer just right , or he goes apeshit . Jeff remembered grimly what a pleasant change he’d thought this job would be, but now he looked back on those six harrowing weeks working for Harvey Weinstein like a long-ago Hanukkah. The question Trump had put to him was “How do we close this?” Jeff played it safe: “I say go big.” Trump lit up. “I can do big,” he said. “This whole thing, which was my idea, incidentally, and a very good idea, really a very gr
Read more

Race Baiting at the Highest Level of the Federal Government...?

by: Les Carpenter Rational Nation USA Lib e rty -vs- Tyr a nny I listened to the full Presidential news conference this afternoon. Obama said some things that made sense. Then he made the following remarks that IMNHO told the nation in full agenda with respect to said issue. Having a in depth discussion of race relations might very well be appropriate and a general discussion is something that MOST American's would welcome. Using the Zimmerman verdict ks simply the WRONG event at possibly the right time. However, don't expect the President, the Department of Justice, or the liberal media or ultra liberal populace to understand what this means. If I can find a video of the full and complete news conference it will be posted later. Via: Memeorandum     Update : via You Tube.    Your views and thoughts are most welcome. Left and or Right leaning...
Read more

Spoken Like a True Dyed In the Blue Statist...

Image
by: Les Carpenter Rational Nation U S A Purveyor of Truth Ever hear of or read Mother Jones ? Well I just did, and as near as I can figure she must be Woodrow Wilson's or Franklin Delano Roosevelt's Mother. I say this because she sure as hell is pro statist and pumped up for growing the government bureaucracy. The article is short so it is being reproduced here in full. This site appreciates Mother Jones candor in expressing the statist credo and the desire on the part of the left for an ever larger and more intrusive presence in our daily affairs and lives. January's job numbers were fairly dismal, but the bad cheer wasn't equally spread. Private sector employment, as usual, increased—by 142,000 jobs last month. At the same time, public sector employment declined. Government employment at all levels was down 29,000 in January. Aside from the brief census blip in early 2010, this has been the usual state of affairs for the past four years, ever since the rece
Read more

The ObamaCare Divide Creating Two America's...

Image
by: Les Carpenter Rational Nation USA Purveyor of Truth Red and blue state map, based on returns in last four presidential elections. (Wikimedia Commons/ Angr) This site is not a supporter of the mechanisms of ObamaCare and questions whether it in fact will ultimately make health care either more accessible r affordable. Except for those receiving a subsidy or are getting it free. All that aside I do agree with following Moyers & Company article stating that ObamaCare is widening the gap between red America and blue America. Something needed to be done with our health care and insurance system. Most agree that the pre ObamaCare system needed some work. Unfortunately reason failed American politics and what we have achieved is an ever more polorized country with no end to the polarization. Perhaps it is time to officially form a Blue United States of America and a Red United States of America. Because in reality we are moving ever closer to the breaking point. Th
Read more