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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (539345)	12/29/2009 1:08:39 PM
From: i-node	Read Replies (2) \| Respond to of 1577167

>> And when you look at what is adding greatly to the deficit right now, gov't expenditures for health care are a large part of the deficits. I'm much more concerned about the $60 Trillion in unfunded liability for Medicare (which, of course, is NOT reflected in the deficit). The reality is that this debt (and it IS a real debt, just one our government has chosen not to openly discuss) is the problem. We could handle a $12T national debt if it stopped (of course, projections put it at $16T by the end of Obama's first term). But we can't handle the $60T Medicare that the Dems have saddled us with. It is just not at all an accurate characterization that you have presented. Most of the debt our country now faces -- both on and off the books -- is a result of liberal social programs. The welfare state, SS, Medicare, unemployment compensation, etc. And it is easy to blame Reagan for military spending but the reality is that spending is what ended the Cold War which gave us the "peace dividend" you so quickly attribute to Clinton. The Ds benefit routinely from the fact that Rs have to rebuild the military after a D leaves office having decimated the military (See: Carter administration).