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Pastimes : Discussion Thread
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To: c.hinton who wrote (1465)8/8/2008 10:03:11 PM
From: TimF  Read Replies (1) of 3816
 
Restraining the growth in social security and other entitlement spending hardly qualifies as breaking a promise. The formula has been changed before, and it will be changed again, the problem is that the changes will likely be very minor, until its too late and drastic action is needed (that might actually somewhat resemble breaking a promise)

add in the fact that the gov is bailing out wall street and attempting to bail out home owners.

To the extent that we do this it makes it more imperative that we reform entitlements.

together it will look too much like gov for the rich by the rich.

Depending on exactly where you draw the dividing lines, the rich pay for most of the government (the top 5% paid 60.14 of all federal income tax ntu.org ), while the middle class gets the majority of the spending (and the poor get a big chunk as well)
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