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


To: SilentZ who wrote (550024)2/14/2010 8:29:19 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1572107
 
Z, > Other than Medicare Part D, which I didn't support, what new "entitlement" programs were enacted since 2000?

Nothing beyond that, but the obligation of existing programs is growing by leaps and bounds.

The Baby Boomers weren't supposed to retire until this year, yet thanks to the recession, many of them have taken early retirements, and that is having a real effect on the federal budget:

usnews.com

> Applications for retired worker benefits are up 25 percent so far this year compared to fiscal year 2008. The Social Security Administration was expecting a 15 percent boost in applications this year due to aging baby boomers and women claiming based on their own working record and not a spouses.

That's a significant jump.

Tenchusatsu