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To: kabar

When I read this, Kabar, I’m reminded that we are so screwed under the present economic regime the government has created for us.

The only way to fix this is to massively cut regulations, and yes, taxes, especially for small business and individuals and let the economy grow. If the economy takes off, then overall revenues would take off. If overall revenues take off and we have a BBA then maybe we can start paying medical costs and living expenses for our growing elderly.

The only answer is to put people back t work earning a paycheck, making more money, and thus paying back into the system: Increased Social Security and Medicare payments by working folks will have a profound effect on your numbers.


344 posted on 08/14/2011 3:19:34 PM PDT by Alas Babylon!
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To: Alas Babylon!
Yes we need growth, but unless we reform the entitlement programs, the increased revenue will be funneled back into these unsustainable entitlement and welfare programs. The Dems want to increase taxes to keep these programs going for a little while longer. The entitlement programs represent an unfunded liability of more than $60 trillion over a 75 year period.

More revenue is not the problem. Spending is the problem and the only way we can change that is to reform the entitlement programs. They are the drivers of our debt. Obamacare will add 18 million more to Medicaid.

345 posted on 08/14/2011 3:29:08 PM PDT by kabar
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