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when i was going to be summits discretionary spending that might might
set that cuts in discretionary spending that much money a statement of
whereas sperling and and the white house citizens that you know that beauty to
grand bargain that day
were after an economy grand bargain of might still be possible
would would protect
these investments that are now part of this sequester
in exchange for some structural ah... ah...
changes um... in our uh... long-term structural deficit which which uh...
entitlements are very much a part of so
you know that there is a long-term short term
uh... what are verified we can see from coming back and saying we demand more
cuts
the on the either because i wanted to demand more cuts but that but uh... that
doesn't mean the president's couldn't get them work right
so that that that kind of democrat staying in power
short ten years from now
you know even after we buy that change n_p_r_ some other thing it if you have a
republican president
who wants to take a at machete
to depict important discretionary programs you know
we're gonna have to prevent that from happening i disagree that many of them
are ending in zero believed they question all steps
to quit
uh... these programs are anxious dana bought basis and the point that you are
not
ideology
is and and that bike
this kind of happy talk about social security
he's programs are not on a sustainable basis
they're not while doesn't really raise and then we could we could weaken
eliminate the
we can eliminate the problems with social carry that you're talking about
by simply
removing the cat
we can deal with but i think they're unhappy removing the captain easy
simply
you know that is the heaviest that heavy u_s_ ait favorite
and i think he could get
uh... adjustments in the capital provide real revenue
but this kind of liberal basketball which is removed the cap and then that's
all that the only other holidays and they all should do that without her body
of the c_i_a_ arguments however i notice in that we're going to prevent
future cuts the discretionary spending any less fantastico
i mean the bloody what what is the
because the democratic president all you need to protect those turcotte kerkorian
crotchety idiotic but just so you have right now on the request that we have a
democratic president
and weeds in those cuts of now kicked in
but that's because we've made good proquest embedding joe i've picked out
of the latter
but moving forward
it because they had a british warriors on the gut feeling
but because all of the story here is that in a year from now utility
well no i don't think so
i don't think so and it was presented by this e-mail address es dot
that he and i was in recent history we have
starting as a sign that that the saying that there was in july of two thousand
eleven
but but it seems to me that if if i mean it seems to me that there's absolutely
no evidence whatsoever from political standpoint
we put aside the notion of of of the implications of of cutting social your
your medicare the policy implications
from a political standpoint there doesn't seem to be of shred of evidence
that many way that if we cut soc purity twenty years down the road uh... as
uh... you know uh... for no one over the age of fifty five or medicare we raise
the eligibility age forcing people to buy a private insurance
there's no evidence whatsoever this is going to forestall any discretionary
company plans to have to know shantell both of those reforms i think that you
know the idea of
uh...
you know who had been it didn't go to the idea is that you just mentioned
uh... a i think would be bad ideas and an actually cause everybody more money
uh...
uh... but
look for a lot of reform ideas around the table me to do you just mentioned i
think ur are dumb
that that's not my argument my argument is that emma craft have tues
thinking about guess you know you real away and not just say
we can't believe past because then it turned into welfare or just to raise the
capital in a pic happen ok care everything
those are not
reason thank green with them
but date date date
date don't
the democrats in ape
irrational and relevant place moving forward with this demographic bomb
so what i'm asking for is for smart people like you
more
to the long-term problems and not just to say well that pete peterson in these
you know these
deficit hawk
simpson both types who we don't have to pay any mine too
*** a lot of their remedies especially the recent simpson bowls levees which it
occur
almost the fact is that there was no election
uh... are wrong
but but
what i'm forgetting his family's
basic diagnosis
at the actuarial and demographic you know tramped are irrefutable ryland ring
that we're going to have one point we need to get a handle on this i stipulate
that
uh... you know overnight it was stipulate that the long-term
uh... debt may be an issue for the sake of this argument uh... i have but i
think the answer is just as is well that we are we a re did significantly lower
in terms
of uh...
uh... in terms of tax revenues relative to g_d_p_
we could raise those taxes that's a rational
um... expression but
from a political standpoint i think we have we have have the deficit in uh...
the past four years
the fastest rate since a
the fifties or forties and seven percent of the population of this we know what
happens when any type of cuts to medicare happen even if they're not
benefit cuts the republicans run on that and they win
what you're making it seems to me is a political are in a little bit
evading whenever they want and then two thousand ten they won't and
and they want a they want on that
for a lot of people reasons that probably relate to the democrats are in
terrible job defending himself a year but
it's very hard to and went with amid that what wayne you you take a step in
that direction you cut uh... medicare payment so that the and and and not a
reasonable doubt that arithmetic irresponsibly
and pam future generations getting up into space ways i think i thought you
were but people i don't think i think doing out in the same way in fact i
think if democrats were to embrace so security and medicare cuts and they go
into this next election we have a far more uh...
of future republican congress'
cutting those discretionary found out about it the republicans are bowing
sport i mean a problem with the oklahoma care medicare a aquatic voting k yahoo
burly guards are not ready to run for it
uganda democrats to vote for i want to have you know i don't want to win in
medicare cuts as well and they still
uh... demagogued
no i don't i think it was some kind of a grand bargain
they would have to find other issues to demagogue it would be very hard for them
to vote and out of your faith in the rubble year-olds
and your party last year but will that work
sam i mean if they do it deal some kind of a grand bargain
it's reasonable that on the president
if it acceptable to the president they then
in two thousand fourteen will have a hard time running against that
so you're playing a well-run
and had the same cots in his budget to medicare is as the president didn't hear
and uh... you know that was that was whipped but
but the did not have password but physically
sam you're making argument
program block
and that well thought it was not so you know i i can't change but the
republicans are
but i can see what the anything
you're making an argument you make it sound a bit any creative thinking about
entitlements is is
sell out to republicans
and i think you know i i i don't think i mean
i don't think it's a question of being a sell out to republicans
it seems to me that on both a policy level it's problematic but frankly on a
political level it seems to be malpractice
because at that point i mean if the democratic party does not present
possible
you've got to deal with these issues
you're not you're not a baby-boomer ayam
okay i'm pretty close body my grateful dead
buddies are going to be
i saw your dad and i need to speak interfere yet soft there just wasn't one
of those shows
so much more to have any idea how much more we're going to take out the report
in
i know there are so security your average person so here it actually are
that its approach to be insurance against need
that's what insurance is
if you don't get in the contract you don't get the insurance at all from the
but your insurance company for the car accident if you drop if u
been driving safely if nothing happens
at my house doesn't burn down i don't get the money scientist and i think that
we can appointments certainly shop insurance because it's not going to be
everybody for himself
we can increase the premiums
you get more out of source karti then you put in for the average person do you
get about his new ten what i want to three times more medicare yet but you
can put back in just have the rich pay more premiums
and and and that's a that's a a very simple solution and it's actually more
consistent with what our tax uh...
our tax number zubin past
entitle paperbacks
i favor that right what i
but what idon't
where we don't agree is that it's it's for u lift the caps earn about that
and i think that's not
a knife it's just not
creative enough
it's not
really hard to nine negotiate obviously everyone is talking to raise the cats to
get back to a traditional level
of of
of uh... of income
uh... subject to the payroll tax right now about eight percent lower
i mean isn't that the most rational response and from a political standpoint
if if
the democrats are proposed a benefit cuts
who is going to propose the most rational response which is to raise
revenue
uh... agri i mean uh... and wrote in my column r_e_m_ for lifting
those caps
but what but what i'm
also four and which i can't get you to
it capped is that this
this old
argument that's
somehow
you know a_p_ heed these programs need to be preserved and amber
that we can't take a hard so i think we should increase america's and ulo are
the retirement age
if that
as that constitutes not being in amber uh... when it comes to social security
and i think that we need
of looking social security of course settle and medicare we want to lower the
eligibility age
for medicare because the government medicare is much more efficient than
prior to your insight
i'm very much against with you know joe lieberman
really
screwed the country when he killed the idea of uh... five-year-old lifeguard
doubted it
into fifteen fifty five-year-old so what we've read about the lorraine
the retirement age from sixty-five i think you know the drop it for a couple
years uh...
word today on our unemployment crisis but
but we also know that there has been a massive failure a four oh one case
uh... we know that when when we talk about the historical
uh... perspective on socially ready is one third
of the three legged stool that those all their legs have now uh... crumbled in
terms of efficacy
uh... we know that your generation the baby boomer generation
has depleted so much of their four oh one k_ is that people have a fraction of
what they're gonna need i mean so the idea of cutting benefits on so security
for that cohort in particular is going to be devastating to them and we're
gonna end up having more poor people organ and up draining
uh... more advanced ration ares then i don't want to do that i don't wanna hurt
people missus this is what i think it's a little bit of a god i come from the
left
it anytime somebody talks about making changes so you wanna hurt
needy people wiped out