Inevitability of cutting SS and Medicare

Dr.Who

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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.
 
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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.

SS and Medicare will be needs based sooner or later. You can't expand government welfare programs exponentially while destroying private enterprise and expect the American people capable of covering outrageous deficit spending.
 
SS and Medicare will be needs based sooner or later.
AGREED!!!!!!!!!!!!!!

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"I asked the audience, "By the show of hands, how many of you really need Social Security and Medicare to live on?"

Not a single hand went up.

But one of the retirees responded, "Yes, but we paid FICA taxes all our lives. We earned it!"

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...and when it happens FICA becomes another income tax. Penalizing success and rewarding failure, which in a nut shell is what liberalism is about. This is not sustainable and will crash our entire economic system.
Yeah......

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.....we've heard all-o'-that, before.....​

"I will make you this bet. I am willing to risk the mortgage on it…the deficit will be up; unemployment will be up; in my judgment, inflation will be up." - Sen. Robert Packwood (Republican, Oregon; McCain economic-advisor)​

Most people are well-aware of "conservatives'" acumen, regarding all things economic.

:rolleyes:
 
When we had a dynamic economy, we could generate huge revenues to the treasury. But, now with the heavy taxation and onerous regulations, the burden is too great to be sustained.

Much like the Big Three, who tried to operate a cradle to grave socialist entitlement system and lost, our nation will too.

But the left continues to push huge NEW welfare programs (cap & tax, Obamacare, etc.) even while fully knowing the existing welfare programs (SS, medicare, medicaid, etc.) are rapidly going upside down.

obamaburgerking.jpg
 
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When we had a dynamic economy, we could generate huge revenues to the treasury. But, now with the heavy taxation and onerous regulations, the burden is too great to be sustained.
Yeah.....heavy taxation....that's been The Problem.

:rolleyes:

You make this tooooooooooooooo easy, Goober.​
 
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