Thread: The US Budget
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Old 03-30-2011, 12:56 AM
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Default Re: The US Budget

Quote:
Originally Posted by Lusankya View Post
A helpful chart of the 2010 federal budget. Together, entitlements (Social Security, Medicare, Medicaid, unemployment, welfare) makes up a whopping 56% of the federal budget. So I'm all for cutting those. What Congress is arguing about right now, cutting non-discretionary spending, is totally pointless. It's like trying to clean your house by rearranging your closet. The only way to put a dent in the deficit is to tackle entitlement spending, which is taboo (although some people from the Tea Party want to go for it next year). Going after the small stuff doesn't do anything and imo, what Khajmer said (other than defense cuts) wouldn't really make a dent at all in the deficit since it's still in the realm of discretionary spending.

I'm also against huge defense cuts as I'm a firm believer in the US as a world policeman. Ultimately I would like to see Social Security privatized.
The US should absolutely not be the world's policeman, aside from being a waste of our money it makes the rest of the world either hate us or dependent on us, and frankly I hate either. And frankly, privatizing Social Security isn't going to do jack. What we need to do is make it insular; money comes in from Social Security tax, money comes out to pay Social Security benefits when you retire, and it doesn't get spent anywhere else.

And for the record, when I was talking about reforming systems, I was talking about things like Social Security and Medicare. A lot of that money gets wasted or lost because of inefficiency and fraud, and before anything is done in regards to cuts, especially those systems, we need to take care of that so that we know how much does need to be cut, and how much those systems actually need.

Quote:
Originally Posted by aeoneeveemoon View Post
(Forgive any ignorance; all I know is what I hear from here and my parents.)
Never operate on hearsay, always do your own research first.

Edit: Karma, we could certainly have a long discussion about health care with valid points on all sides, but publicly funded education has not only existed but been widely supported for as long as post-Revolutionary America. It has nothing to do with socialism, it has everything to do with ensuring that all children get a bare minimum education, and I will thank you not to so blatantly insult my chosen profession as "socialism."
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Last edited by Lord Fedora; 03-30-2011 at 01:01 AM.
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