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Politics : The Trump Presidency

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John Koligman
To: TimF who wrote (69424)5/2/2018 1:22:48 PM
From: Sam1 Recommendation  Read Replies (1) of 353995
 
There is choice about all spending except maybe interest on the debt (technically there is a choice there but its one that's obviously good and one that's obviously idiotic).

Technically, there is a choice about mandatory spending. You call defaulting on the debt "obviously idiotic"; defaulting on SS and Medicare obligations is effectively theft or fraud. You continue to pretend that SS and Medicare receipts are just like all other tax receipts; they aren't. They are government insurance/pension plans. The fact that people conflate those funds with other government funds is why you can so blithely claim that paying back "interest on the debt" has a higher priority than meeting SS and Medicare obligations. But each of them is called "mandatory" for a reason.

We don't have a spending problem. We have a Midas Problem.
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