War bringing economic chaos to states.

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  • Thread starter amp
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  • #26
amp
Russ,

None of the states are bankrupt ...Yet. And there is probably a way they can stay solvent even if they don't have any money(kinda like the federal gov't)by running up deficits.

They increase proportionally.
not when they're cut disproportionately.

Which is precisely why I don't like it, amp. Can you imagine how much money you could retire on if you put 15% of your income into a decent investment portfolio instead of social security?
With the direction the market is heading I don't think so.

I never had a problem with helping people who are needy. My problem is with helping people who are NOT needy, just lazy or irresponsible. The entire purpose of social security is to FORCE people to save for retirement.
Its not only Soc Sec, there are other entitlements.

Zero, way to go with that last post some people either don't accept reality or have a much romanticized notion of the way it is.
 
  • #27
russ_watters
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With the direction the market is heading I don't think so.
So you are saying you think the decline in the stock market is permanent? Really? Doesn't that mean the US economy will decline forever as well? (clarification: the US economy as measured by the gdp has been growing since a quarter after 9/11).

If you don't like the stock market, pick another investment vehicle. The point is, saving an equal amount to social security on your own if invested wisely (read: extremely conservatively) will yield you FAR more money to retire on than social security.
 
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  • #28
Zero
Originally posted by russ_watters

Zero, as bad as you want it to be, its nowhere near that bad. The number of people in the US who starve to death each year can be counted on the fingers of one hand for example. And when exactly did I say children should suffer for the mistakes of their parents? The idea of public school is to give kids opportunities to make their OWN way in the world regardless of the failures of their parents.

Well, in your fantasy world, things are just wonderful, unless people just don't try hard enough. Here on planet earth, however, public schools are funded by local property taxes, which means that children in rich neighborhoods have a better school than most poor children. Children in poor schools also get teh least experienced, and least competent teachers. They DON'T get a fair shake, and with budget cuts, and moronic voucher ideas, they never will.
 
  • #29
Alias
So what would you propose as a solution, Zero?
 
  • #30
Zero
Originally posted by Alias
So what would you propose as a solution, Zero?
I would suggest socialism....but you think that is automatically evil. America profits in the long run by giving children as equal a chance as possible. Long term, if we take local property taxes, and spread them equally on a statewide level, we will acheive closer to academic equality. That would require that some of your money maybe going for some child other than yours, but that is what being in a society is all about.
 
  • #31
Alias
I agree. The problem I have is why limit it to each state. After all that kind of arbitrary line is what happens at the local level with school tax districts. Why shouldn't there be one tax for education, one account in washington, and identical schools all over the US.

Also, it shouldn't stop at grade 12. There should be free education all the way through PhD.

And, if someone wants to build a private school and only allow Samoans over 350 pounds with half their heads shaved, go right ahead.
 
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