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Author: rubberthinking Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1977193  
Subject: Re: PBS's Scorching Reply To Mitt Date: 10/6/2012 11:22 AM
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Comparable to a pair of senakers to a family making 50,000 dollars a year and falling behind on the mortgage.

The analogy works just fine.

lowstudent,

medicare is the problem with the federal budget. There is no getting around this. No one is paying in for what they get out of it. No one.

We need to truly rein in costs, so Obama took the Republican plan from 1993, the plan Romney used in Mass, and he got it through congress without any Republican support.

It is time for the Republican party to come to grips with the fiscal reality.

The next part of the budget is deficits and taxes. If the deficits keep on growing, which they will regardless of party or cuts to medicare, then the rich need to either pay a higher tax rate now, or a much higher tax rate later. The higher the deficits go the higher the tax bracket will go on the wealthy in time.

We need to change health care inflation. WE are spending close to 20% of GDP on health care, there are plenty of savings to be made there. So as I just said we passed the Republican plan.

Dave
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