And --- We would still be facing the exact same deficit we have today and the same deficit we had yesterday, last year and 8 years ago.
Do you know why?
Answer: Because entitlements have NEVER added to the deficit. The USA has NEVER had to borrow money from foreign countries to pay for Entitlements.
Bush & Cheney did NOT borrow money from a foreign government to pay for Entitlements - they borrowed money from China to pay for TWO WARS - not Entitlements!
In 2003, Bush & Cheney "sweetened" the deal with China to encourage China to loan them War Money.
Does anyone remember "how" W & Cheney "Sweetened" the deal with China?
Answer: In 2003, Bush & Cheney TRANSFERRED an Indiana Factory that made our Smart Bombs to China. So, since 2003 - the US Military has had to purchase our Smart Bombs from China. Neat huh?
Don't let the Republicans fool you. Their "End Entitlement" mantra has NOTHING to do with "Lowering" the "Deficit" as they falsely claim.
Paul Ryan et. al. try to give the illusion that ending Entitlements would be some Utopia for the "People" and the "Deficit" - but it's all BS.
Paul Ryan et. al. know that ending Entitlements
- will NOT "LOWER" the "Deficit,"
- will NOT LOWER Individual Payroll Taxes (FICA & FW),
- will NOT LOWER Employer Payroll Taxes (FICA & FW).
Cutting through the Paul Ryan Brainwashing BS - let me be clear:
- The "People" & Companies will still be forking over FICA & FW Taxes to the government.
- The FICA & FW Taxes that will STILL be collected will NOT go to "Pay down" the deficit.
To reiterate;
NO WHERE - not in one single GOP End Entitlement Plan do the GOP plan or propose to "take the Payroll Tax Money and pay down the Deficit."
Rather, in every single GOP End Entitlement Plan those Payroll Taxes are to be TRANSFERRED TO a Financial Institution on Wall Street.
Meaning, the GOP learned NOTHING, absolutely NOTHING from:
--The 1987 Wall Street Crash under Reagan and
--NOTHING from the 2008 Wall Street Crash under Bush/Cheney and
--NOTHING from the 15 Financial Institution 2008 Bank Failures under Bush/Cheney and
--NOTHING from the bottoming out of individual 401Ks in 2008 under Bush/Cheney
They STILL want to do everything in their power to take Tax Payer money and gamble it in the Stock Market.
The GOP get their woodies going by pumping Tax Money into Wall Street. They don't give a damn about lowering the Deficit and they never have.
The GOP have never cared one bit about lowering the Deficit.
Reagan raised the Deficit more than any President in the History of this country - until Bush/Cheney came along.
- Vice President Dick Cheney said, "You know, Paul, Reagan proved deficits don't matter,"
- Vice President Dick Cheney said in an interview with Tim Russert, "25% of the Deficit is Tax Cuts" and simultaneously urged the GOP Controlled Congress to extend the 2001 Tax Cuts.
So, the next time you hear Paul Ryan's GOP Brainwashing mantra, "End Entitlements to lower the Deficit"
.... just remember, the Republicans have no intentions of using the Payroll Tax Money, that will still be collected, to pay down the Deficit
... just remember, The entire GOP goal is to use every penny collected from Payroll Taxes and transfer those Tax Dollars to Wall Street ... Derivative gambling.
The real questions "We the People" must ask is
--"if & when the GOP transfer our Payroll Tax money to Wall Street - who will they bailout in the next Wall Street Crash?" and
--"Will the GOP bailout the banks that lost the Payroll Tax Money in the Market - or will they bailout "the People?"
You decide.