Current Events — HabitableZone

Current Events » in reply to "Ya wonder why your Social Security won't be there?"

I'm gonna guess.

A distressed system with unfunded liability (you call it "Ponzi"),

coupled with tax breaks for the rich, an

added Medicare system funneling money to more wealthy, coupled with an

illegal, immoral, open-ended naked aggression in the Middle East with

unchecked military spending.

Pretty well covers it.

"I am just basically saying that we are overcommitted at this stage," Greenspan told members of the House Budget Committee as they discussed the future costs of the Social Security and Medicare systems.

"Greenspan, who supported President Bush's 2001 tax cuts, again endorsed Bush's proposal to make the cuts permanent. However, he said in response to questions that raising taxes would inevitably be part of any successful effort to reduce the growing federal budget deficit. He stressed that he prefers cutting government spending as much as possible before increasing taxes."

Of course they want to cut spending. The only thing left to spend money on is the source of the money, the American people.

Arf

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