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Old 12-03-2010, 09:23 PM
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Cannon Shell Cannon Shell is offline
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Join Date: Aug 2006
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Quote:
Originally Posted by SOREHOOF View Post
So tell me I'm making this up too!
The Govt. takes $100 of my money( and 5 other people who worked hard to earn it). Magically turns it into $600. They turn it into 2 piles of $300. They now keep 1 pile, because they worked hard for it, and give the other pile to someone else. Might be a Union. Might be someone unemployed. Might be someone faking it for SSI. Whatever. The original $600 would do more for the economy than whatever is left when your Govt. is done re-releasing it.
What she doesnt seem to understand is that the $100 collected from you doesn't equal $100 in benefits. It is estimated that it needs to collect $115 in order to payout that same $100. That is a net loss to the economy. I understand the moral argument for extending benefits. The economic angle is just a smokescreen.
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