Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Road Walker who wrote (220841)	3/5/2005 7:23:42 PM
From: TimF	Read Replies (1) of 1575549

re: "The war machine" is increasing short term because of Iraq. That's pretty optimistic. Not really. Even if we do attack Iran or Syria (which is unlikely) they won't last forever either. Wars are temporary things. re: The social programs are already higher and the forces pushing them higher are forces that will work over generations. A generation. After the boomers, things normalize. No. After the baby boomers you still have increasing life span with no delay in retirement age planed beyond one move to 67. Also you have increasing health care costs which are not just increasing for the boomers, and will be an even bigger fiscal problem for the government than Social Security. Do we need a military budget 5 times as large as the next largest in the world? Its definitely the largest and it isn't even close by 5 times larger is someone misleading. But the amount of our national wealth going to defense has been on a steady trend down with occasional blips against the trend. We are now in one of these blips but still spend less as a % of GDP on our military budget than we have spent at any time between 1941 and 1993. The money didn't bust the budget than and it wouldn't now. While the burden of military spending been decreasing the burden of entitlement spending has had a strong increase. The trend is clear truthandpolitics.org As for keeping people out of poverty that is a pretty hard thing to do because poverty is often measured in a relative way. If your income and/or wealth is in the lowers x% you are considered poor. If everyone's income increases ten times the lowest x% would still be poor. Measured that way you can't get rid of poverty unless everyone has equal income and wealth and any attempt to do that will cause a lot of absolute poverty even if could eliminate relative poverty. In any case the social security system is horribly structured as an anti-poverty program. If your real aim is to keep people out of poverty with government money a program like social security is not a good way to do it. Tim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next