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

To: Alighieri who wrote (687316)	12/6/2012 12:44:26 PM
From: Tenchusatsu	Read Replies (2) \| Respond to of 1583348

Al, Social Security makes up a much larger part of the budget than defense. Yet Social Security spending won't be touched by the fiscal cliff. One concern over the fiscal cliff is the expiration of Obama's payroll tax holiday, which amounts to $125 billion. That payroll tax directly funds Social Security (or ideally it should). That $125 billion, if it goes away, can impact the GDP by 0.8 percentage points. Yet here you are claiming that people ought to pay for the huge military complex that the federal government currently funds, even though spending has been going down over the past several years. Well the argument can easily be turned around. People ought to pay for the SS benefits they and their loved ones are or will be getting. People also ought to pay for ObamaCare and all the other freebies that Obama has promised but so far has failed to deliver. That was my point in telling you that defense spending is now down to 20% of the federal budget from a high of 25% at one time in recent history. Tenchusatsu