- Joined
- Oct 10, 2006
- Messages
- 7,890
- Reaction score
- 4,730
- Location
- California
- Gender
- Male
- Political Leaning
- Independent
Looking the U.S. deficit and its growth in the last decade, we are starting to have a serious problem with overspending. While it not a crisis at this very moment, it will be the future unless serious changes are made. Realistically, it is impossible to lower the deficit without cutting either medicare/medicaid, social security or the military and/or raising taxes.
Unfortunately, it appears that none of those options are actually politically viable the moment. Medicare was actually championed by the Republicans during the healthcare debate. The only stated solution to reform social security is "we will raise the retirement age...... in 20 years". The democrats are promoting their own tax cut and are struggling to let a previous cut expire.
In such circumstances, what options are left? There is solid bi-partisan support against both cutting the major sources of spending or raising tax revenues.
Unfortunately, it appears that none of those options are actually politically viable the moment. Medicare was actually championed by the Republicans during the healthcare debate. The only stated solution to reform social security is "we will raise the retirement age...... in 20 years". The democrats are promoting their own tax cut and are struggling to let a previous cut expire.
In such circumstances, what options are left? There is solid bi-partisan support against both cutting the major sources of spending or raising tax revenues.