warren_stupidity

warren_stupidity t1_jefyv70 wrote

NH like just about every other state, cannot do deficits. They cannot spend 4 dollars for every dollar of taxes, they can spend approximately one dollar for every dollar of taxes.
Meanwhile, I know this will come as a shock, but it actually costs money to run a government and provide the infrastructure and services that a government provides.

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warren_stupidity t1_jeb4hlp wrote

The solution is to redirect a portion of ruling class wealth back to workers by increasing their wages and not increasing prices, eliminating (in the us) tax caps on wages, adding a wealth tax, increasing immigration, moving Medicare into a comprehensive universal healthcare system with its own funding, etc, not stealing more years from working people.

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warren_stupidity t1_jc2e3ky wrote

sure, as it is a population model. The boomer bulge is entering its dearth slope not coincidentally at the same time it is peaking at retirement. The point is that it corrects. All on its own, But we should abolish the cap on FICA taxes, put the full retirement age back to 65, use a better CPI index, COLA the earnings threshold for taxation that was set back in 1984, and increase the minimum benefits. And medicare needs to be rolled into a comprehensive universal health insurance system.

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