The Fiscal Cliff

Let Obama take us over the Fiscal Cliff (he's out campaigning for tax increases right now) so people know what he's about. Of course, he will blame the Republicans who want cuts in spending to reduce the debt, but his proposed tax increase which he thinks you voted for will only pay for the government about a week. That’s useless and he knows it.  The purpose was to create class resentment, not revenue.  Then he'll have to come after YOUR paycheck.

http://www.cfr.org/economics/fiscal-cliff/p28757?cid=ppc-google-grant-fiscal_cliff&gclid=CNLQn8na8bMCFYpFMgodhmIAmQ

One of the easiest and most sensible cuts is to raise the age of receiving Social Security and Medicare. It can be gradual so people have plenty of time to prepare.  And which party has shot down that idea consistently—the Democrats.  They want nothing to do with a program that will take power away from the government and put it in the hands of the citizen.

In 1930 the life expectancy for whites was 61.4 and blacks 49.2. Sixty-five for retirement (in an era when many worked their entire life) seemed extremely optimistic. But in 2010 for whites it is 79 and for blacks 75.1. A male retiree, born in 1940, will spend anywhere from 19 percent to 25 percent of his life collecting Social Security benefits (depending on whether he retired at the normal retirement age of 65 or chose early retirement), and a female born in the same year will spend 21 percent to 27 percent of her life collecting benefits.

The biggest old age problem we have is not Social Security, but a less than replacement birth rate, and many people will have no cousins and no nieces or nephews as well as no grandchildren to help them. Families are the original safety net, but the Democrats by pushing contraception and abortion are also weakening this safety net. Maybe YOU have grandchildren, but will they have grandchildren?

http://www.infoplease.com/ipa/A0005148.html

Obama has no intention of saving the United States from its plunge into being Greece or a failed European state.  So don’t look for solutions—just look for higher taxes.