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


To: Broken_Clock who wrote (879583)8/12/2015 12:35:00 AM
From: i-node  Read Replies (1) | Respond to of 1576703
 
>> You can state that deficit spending is not affected because of the military

I didn't say that.

I said that CBO has referred to our deficits as "unsustainable" due solely to the liberal social programs I mentioned. The unsustainable nature of it has nothing to do with the military budget.

To put a finer point on it, the cost of the two wars was small compared with the cost of these other items. SS alone faces a $9 Trillion deficit as of today. Medicare, over 40 Trillion. Medicaid, Obamacare, and interest on these brings us real close to 100 Trillion and that is before you count pensions.