What are the numbers on government spending now?
I remember reading in the 1980's that welfare spending only amounted to 2%. What are the numbers on government spending now?
Minuscule and irrelevant when compared to military/defense spending, which should be the primary target of anyone who claims to be fiscally conservative. Furthermore, corporate welfare is higher than what's used on poor Americans. While slowly eliminating social welfare is a goal, people who focus only on eliminating social welfare without considering the consequences or looking at where the largest amount of capital is being allocated are pretty annoying, yes.
Are you taking into account mandatory entitlement responsibilities which includes SS, SS Dis., Medicare and Medicaid? All those expenditures combined together dwarf any defense outlays.
Look at the CBO's projections past 2010. You can see the cancer growing in the future years, absorbing more and more gross domestic product:
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Social Security and Medicare are not an "entitlement". Those of us who have worked our whole lives have paid into it!
Social Security and Medicare are not an "entitlement". Those of us who have worked our whole lives have paid into it!
Elderly hate being lumped in with the coloreds and the Mexicans.it's really all welfare isn't it?
Social Security and Medicare are not an "entitlement". Those of us who have worked our whole lives have paid into it!
Social Security and Medicare are not an "entitlement". Those of us who have worked our whole lives have paid into it!
I've paid that tax since '74 and I don't expect to see one nickle...
In fact I'll gladly sign away any claim I may have to excuse my son from the burden....
The first person to start collecting a SS check was Ida May Fuller. Her total contribution to SS amounted to $24.75. She collected $22,888.92. No one gets back the money they put into it - they collect what the next generation pays into it. The whole thing is a pyramid scheme.
I've paid that tax since '74 and I don't expect to see one nickle...
In fact I'll gladly sign away any claim I may have to excuse my son from the burden....
The social security administration website used to have a whole page devoted to explaining why SS wasn't a Ponzi scheme...
http://www.ssa.gov/history/ponzi.htm
For some reason it was disappeared down the rabbit whole sometime between 10/31/2012 and 1/14/2013, never to be seen again.
http://web.archive.org/web/20121031144750/http://www.ssa.gov/history/ponzi.htm
IIRC, they also used to have "Is Social Security a pyramid scheme" in the FAQ section a few years a go. They said it wasn't a pyramid scheme because the govt had the ability to tax and print money so it could never go bust -- or something to that effect. But that too seems to have been disappeared. A search for pyramid and Ponzi on those websites now comes up with no results...