Quote:
Originally Posted by mjshira
interesting to note, the UK has national debt nearly the size of ours but GDP of way-y less. seems like moves to nationalize things like health care, etc have not turned out to have been financially wise. I think we need to a smaller military and less social programs. I can't understand why nobody is talking about out of control spending. any of the three running this year will all spend more... where is it going to come from?
|
The ticking time bomb is Social Security and Medicare. Generations have put THEIR MONEY into it in the form of payroll taxes. How are you going to deny someone something that they paid for over a lifetime of work? This is not something that the government is giving for free. The current debacle was put into motion by a DEMOCRATIC President by the name of Johnson. Take the money out of the savings account and drop in an IOU to be paid later. This has been the favored method of stealing from the kitty to pay for the then current largess. Now after years of squandering the money with nothing to show for it, the piper is about to be paid.