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Politics : A US National Health Care System?

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To: Alighieri who wrote (16311)	4/7/2010 1:44:00 PM
From: i-node	Read Replies (1) of 42652

The paragraph really makes the point that it's not really these bailouts that we should be concerned with, although they caused lots of consternation, it's the long term financial imbalances of the nation that's the real problem...and that has taken decades to evolve. I don't know who wrote the article, but what it is is sleight of hand. At the same time, personal income taxes were cut earlier in the decade under the George W. Bush administration. Tax revenues surged after the '03 GWB tax cuts -- the biggest increases in revenue in history. We just don't like to pay taxes, even for unavoidable social services. We don't mind paying taxes. We don't like to be lied to. And we were lied to when FDR got Social Security. We were lied to massively when LBJ passed Medicare/Medicaid. And we were lied to even more when Obama passed the reform bill last month. Liars. What's causing the trillion-dollar-plus deficits from fiscal years 2009 to 2011? Don't make out like it is only these years. The projections have the deficits averaging a trillion dollars/y over ten years. It is huge. Despite widespread perceptions that economic stimulus spending and government bailouts of troubled financial institutions are largely behind the ballooning deficits, those temporary programs actually account for only a fraction of the budget shortfall. Of course. Medicare and SS are the problems. Liberal programs. The primary factors are long-standing imbalances between taxes and spending, plus the deep recession that reduced tax revenue and increased outlays for safety net programs such as unemployment insurance and food stamps. No. The primary factors are the unfunded liabilities of MC and SS. The recession is a fact of life; the problem with it is stupid liberals thought they could buy their way out of it. So, we've spend tons of money and have shit to show for it. With wars in Iraq and Afghanistan, spending for national defense has surged about 140% since 2000 -- to $722.1 billion projected in 2010. Government spending for Medicare has gone up even faster in the last decade, to $462.1 billion in 2010. 8-9 years of war still less than Obama blew in his first month.

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