re: With no changes to the system in the years to come social security spending will exceed the combination of social security taxes and military spending.
Where did you get that shit? LOL. What's your guess for military spending?
re: In any case one thing isn't really tied in to the other. If we spend to much on the military (which in your opinion we apparently do) than we should cut back on the spending whether or not we need it for SS. If on the other hand there is a need for something close to our current level of military spending, but there is also a need to reduce our overall level of deficits, debt, and unfunded liabilities, the fact that SS tax money went to defense (and a lot of other things) in the past and is doing so in the present, doesn't give SS spending a special standing in the battle for tax dollars vs. defense. If you want to improve the fiscal situation of the country one cut is as good as another. The specifics of if and how military spending should be cut is a separate issue from the decision of how SS should be structured.
Come on. Remember the "unified budget"? SS has been inflow, military has been outflow.
We need to reduce spending, and in my opinion, military is the first place. That's a politcal opinion, no doubt. I don't see a lot of incremental benefit from our military spending, but I do see incremental benefit from our SS spending.
Now feel welcome to argue for our hugh, world record, bloated military spending. But don't try to tell me that sending a bunch of seniors into poverty, for a few extra bombs, is a good thing.
John |