Dr.Who
Well-Known Member
Two of largest expenses of the Federal budget are Social Security and Medicare. Together and along with all sorts of other expenses (including war expenses that are just not as great) the countries debt has become so high that soon we will be paying so much money on the debt that we won't be able to make any payments at all to reduce that debt. We will be in the position of the individual credit card holder whose minimum payment is equal to his salary.
See the graph here:
http://www.american.com/archive/2009/december-2009/the-jobs-picture-crashes-into-debt-realities
Thee will be little choice but to cut and to cut drastically. Social Security and Medicare might just evaporate overnight instead of being phased out slowly as many conservatives are proposing. Millions and millions would go without health care or retirement funds. Defense spending will also need to be cut but not so far that we jeopardize our safety in the face of foreign threats that will have grown stronger as we weaken. The only solution to that would be a draft of unpaid soldiers. Police and fire protection on the local level would even suffer. In fact, every government program in existence would have to be cut not just because one party wants to but because there will be little choice.
What will the choices be? On the one hand we can have large scale misery for a period of time until the countries finances get back on track followed by a huge recovery and return to fiscal sense. Or we can have politicians claiming they can fix the problem by openly proposing a complete abandonment of the Constitution in favor of a socialist constitution. That would be followed by a recovery built on the backs of a public that has lost its liberties (because slave labor is always good for economies) and then a permanent mediocrity of misery. Is this the choice we want to be faced with in the future?
We must scale back government now while it is still relatively painless.
See the graph here:
http://www.american.com/archive/2009/december-2009/the-jobs-picture-crashes-into-debt-realities
Thee will be little choice but to cut and to cut drastically. Social Security and Medicare might just evaporate overnight instead of being phased out slowly as many conservatives are proposing. Millions and millions would go without health care or retirement funds. Defense spending will also need to be cut but not so far that we jeopardize our safety in the face of foreign threats that will have grown stronger as we weaken. The only solution to that would be a draft of unpaid soldiers. Police and fire protection on the local level would even suffer. In fact, every government program in existence would have to be cut not just because one party wants to but because there will be little choice.
What will the choices be? On the one hand we can have large scale misery for a period of time until the countries finances get back on track followed by a huge recovery and return to fiscal sense. Or we can have politicians claiming they can fix the problem by openly proposing a complete abandonment of the Constitution in favor of a socialist constitution. That would be followed by a recovery built on the backs of a public that has lost its liberties (because slave labor is always good for economies) and then a permanent mediocrity of misery. Is this the choice we want to be faced with in the future?
We must scale back government now while it is still relatively painless.