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GoLeft TV Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:23 PM
Original message
Papantonio: Old People Flipping Burgers
 
Run time: 04:43
https://www.youtube.com/watch?v=GMoqcuJOb9M
 
Posted on YouTube: November 11, 2010
By YouTube Member: golefttv
Views on YouTube: 1
 
Posted on DU: November 11, 2010
By DU Member: GoLeft TV
Views on DU: 1074
 
Should Americans be required to work an additional 3 years before receiving Social Security benefits? With epidemic rates of obesity, heart disease, and cancer, are we really going to live long enough to work a few more years? Not only do Republicans think so, but a lot of liberals are jumping on board as well. Mike Papantonio takes on Larry Kudlow and others to debate the issue.
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Meshuga Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:47 PM
Response to Original message
1. Why is the fact that Social Security tax is a regressive tax not even mentioned
We pay social security tax on up to $106K (and some change) of our salaries and income over that is not taxed for social security. Why is that not discussed as an option? simply put: make wealthy people pay their fair share.
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auntsue Donating Member (169 posts) Send PM | Profile | Ignore Thu Nov-11-10 03:29 PM
Response to Reply #1
3. I say AMSN to that
just move the cap to $250 per evem higher - bingo $$$$ problem solved! The rate is 6.20% but right now above $150 the % decreases. People who earn a million pay .66% WTF!!!
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mediaman007 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 02:57 PM
Response to Original message
2. Fifty million Americans have no health care. I heard no mention of people paying into the program.
These people should recognize that Americans have paid into this program and have a right to expect that their government would honor the program's promises.
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bulloney Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 03:45 PM
Response to Original message
4. The Bimbo says she doesn't expect to collect Social Security when she retires.
So, where's her outrage? She stands to lose tens of thousands of dollars per year of retirement if it happens. Instead, she just expects to not collect after paying into it for most of her life.

But tell her that her income taxes may go up 2-3 percentage points on income over $250,000--Whoa Nellie!

These people who flippantly want to cut or eliminate Social Security need to read up on their history and find out how the elderly lived before the program began.
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Amonester Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 03:59 PM
Response to Original message
5. This time, they Really want to create the all time's biggest DEPRESSION.
There's no other rational explanation to their total madness.

Has anyone ever told them the U.S. economy is a CONSUMER-based economy?

How are CONSUMERS supposed to BUY any stuff when all their earnings will be cut by these millionaires?
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 04:17 PM
Response to Original message
6. "Very spirited debate on both sides."
Really? Sounded to me like Papantonio vs everyone else complete with snickering in the background. Unrec.
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HughBeaumont Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 04:39 PM
Response to Reply #6
7. This is CNBC. This is their idea of "spirited debate".
Usually, they'll have on a Colmes-ish "sensible" vs the arch-rightist, laissez-fail apologist McHosts and the Heritage/Cato "Institute" stooges they'll bring in the segment.

CNBC is nothing but a bullshit Corporate politburo arm loaded with Goldman Sachs alums and Supply-Side pieholes.
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lumpy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 04:49 PM
Response to Original message
8. One of the jerks claims that people are capable of working into
their 70s or 80s. Not likely. He doesn't realize that bodies wear out with time. I am 81 and inspite of a life spent working and raising a family, I would not have been capable of working into my 70s or 80s, and I was relatively healthy up to the point of 75. I am hanging on by tooth and toenails at this point....................... Setting that aside. I believe people should have a time in their old age to sit back and take it easy, enjoy a more leisurely life, instead of hitting the floor boards working for a pittance and at the same time keeping up a home and the requiremnts that comes with that. I am truly outraged that some people want to keep others in a constant state of servitude until incapacity or death instead a respecting the contributions working people have made.
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Atypical Liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 05:10 PM
Response to Original message
9. So people are living longer. So what?
The whole argument seems to have been that since people are living longer, retirement should be postponed.

Why?

Instead of making people work a couple of more years, why not let people enjoy a couple of more years of retirement?

It's 45 years of taxation enough?
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suzanner Donating Member (396 posts) Send PM | Profile | Ignore Thu Nov-11-10 05:53 PM
Response to Original message
10. living longer? that generation is almost extinct anyway
because they lived during the economic boon of the 60's and thrived quite well. The rest of us- no so fortunate; and the generations to come have far more health concerns per capita effecting longevity due to even worse quality of life. With unemployment at >30% in some states/locales, raising retirement age is ludicrous.
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freedom fighter jh Donating Member (490 posts) Send PM | Profile | Ignore Thu Nov-11-10 07:05 PM
Response to Original message
11. If they cut benefits, what do they plan to do with the money left in the soc sec fund?
There is plenty of money in social security into the 2020s. If benefits are cut, there will be even more.

I never hear it said, but the assumption seems to be that money in the soc sec fund will be used for general revenue -- like funding wars.

Meshuga has pointed out that soc sec tax is regressive. It's outrageous to use money earned off the backs of the poor and the middle class to fund the parts of government that the rich want to keep, the parts that work for the rich.
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Patchuli Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 08:49 PM
Response to Original message
12. Yay for Papantonio!!! He's a hero folks!
Damn straight truth, every time!! Love him!
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Patchuli Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 08:53 PM
Response to Original message
13. P.S.
I'd like to slap the rest of them for their selfish ignorance. Just needed to express that thought.
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lumpy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 11:12 PM
Response to Reply #13
14. No kidding. I hope that they run into Karma when they hit middle
age and she slams them hard.
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90-percent Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-13-10 08:35 AM
Response to Original message
15. Basic premise
We're living longer than the demographic of 1930's America. SO WHAT???? Could our government be a little more GENEROUS and let us enjoy our longer lives, instead of having to work until the instant we drop at our machines?

After 65 years, isn't it reasonable to expect to lead a not stressed gotta live each moment in service of economic survival, like an animal in the woods that nature put there for prey? We're older, we did it, we were young and energetic once. Look at the work span of pro athletes. Are they all going to be capable of playing pro sports five years longer?

When are the wealthy going to contribute their fair share in society? When is our country going to re-acquaint itself with the principals of PROGRESSIVE TAXATION? Why do the haves and the have mores want to extract everything out of us they possibly can, by exerting raw naked power in the form of buying our entire government? Our institutions have been pirated by sociopaths with no basic sense of human decency!

-90% Jimmy
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lumpy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-13-10 03:08 PM
Response to Reply #15
16. Well stated 90 per
The elderly deserve their waning years with some modicum of comfort. It is difficult enough putting up with the physical and mental disabilities that come to most people as they age.
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