More economic issues

[aegsm76]

http://www.downsizinggovernment.org/...federal-budget

A snippet:

The vast majority of future debt is driven neither by defense nor discretionary programs but by so-called entitlement programs, three in particular: Social Security, Medicare, and Medicaid. In fact, by 2050, those three programs alone are expected to consume every penny that the federal government raises in taxes.

[coadie]

Originally Posted by aegsm76

http://www.downsizinggovernment.org/...federal-budget

A snippet:

The vast majority of future debt is driven neither by defense nor discretionary programs but by so-called entitlement programs, three in particular: Social Security, Medicare, and Medicaid. In fact, by 2050, those three programs alone are expected to consume every penny that the federal government raises in taxes.

Employee with holding is 7.65%. My employer match is 7.65%. So far when one turns 62 or 65, the money coming back is NOT an entitlement. If we start giving medicaid to disabled people before retirement that didn't pay in, that part is entitlement. When we pay for abortions with medicaid, and call it womens health services so no one sees the word "abortion" things are getting crazy. We must raise the age soon. Having 62 makes no sense if we are living till age 95.

[coadie]

this administration has completely run out of gas.”