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Will Our Entitlement Programs Drive us to Financial Ruin?
MainStreet.com ^ | 9-30-13 | Michael P. Tremoglie

Posted on 09/30/2013 10:00:58 AM PDT by William Tell 2

NEW YORK (MainStreet) — The 2013 Long-Term Budget Outlook released by the Congressional Budget Office (CBO) September 17 does not bode well for those who want to see decreasing deficits. The CBO projects spending for federal healthcareprograms will "rise substantially" in relation to the Gross Domestic Product (GDP)."

The CBO predicts that budget deficits will decline during the next few years. After this initial decline, though, the CBO calculates ...

(Excerpt) Read more at mainstreet.com ...


TOPICS: Business/Economy; Culture/Society; Government; Miscellaneous
KEYWORDS: blogpimp; cbo; entitlements; obamacare; spending
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1 posted on 09/30/2013 10:00:58 AM PDT by William Tell 2
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To: William Tell 2

We all know “it’s gonna blow up”.
The challenge is knowing when.

It’s gone way longer than I ever believed.
I guess since most every major country is playing the debt game, the markets continue to wish and hope.


2 posted on 09/30/2013 10:03:04 AM PDT by nascarnation (Democrats control the Presidency, Senate, and Media. It's an uphill climb....)
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To: William Tell 2
Will Our Entitlement Programs Drive us to Financial Ruin? By Michael P. Tremoglie

Michael P. Tremoglie, will falling out of a plane at altitude result and an abrupt and violent stop?

3 posted on 09/30/2013 10:03:54 AM PDT by Tenacious 1 (Waiting for next tagline.)
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To: William Tell 2
Will Our Entitlement Programs Drive us to Financial Ruin??

Financial Ruin is the goal. Desperate serfs are easier to rule over than a wealthy, moral Middle-class with guns.

4 posted on 09/30/2013 10:04:04 AM PDT by Count of Monte Fisto (The foundation of modern society is the denial of reality.)
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To: William Tell 2

It is a pretty short drive as I see it. Aren’t we bankrupt already? The hole is deep and the idiots in charge keep digging.


5 posted on 09/30/2013 10:04:34 AM PDT by shankbear (The tree of Liberty appears to be perishing because there are few patriots willing to refresh it.)
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To: William Tell 2

Wrong verb tense in the title!


6 posted on 09/30/2013 10:04:54 AM PDT by SMARTY ("The test of every religious, political, or educational system is the man that it forms." H. Amiel)
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To: William Tell 2
Too late!

They have already.

Keep in mind, most “entitlement programs” have been mutilated into large scale vote buying schemes, with all eligibility thresholds removed.

7 posted on 09/30/2013 10:05:18 AM PDT by G Larry (Let his days be few; and let another take his office. Psalms 109:8)
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To: nascarnation
It’s gone way longer than I ever believed.

This can go on for 15 or 20 more years. And yes, I am serious. It will be more painful then and our national identity and security will be unrecoverable. We need to fail hard and quick to start over with any honor and integrity in tact.

8 posted on 09/30/2013 10:05:44 AM PDT by Tenacious 1 (Waiting for next tagline.)
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To: William Tell 2
Will Our Entitlement Programs Drive us to Financial Ruin?

Will the coming of winter cause lakes to freeze over?

9 posted on 09/30/2013 10:05:54 AM PDT by TigersEye (Stupid is a Progressive disease.)
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To: William Tell 2

They already have. “We” are just too delusional to recognize the fact.


10 posted on 09/30/2013 10:05:59 AM PDT by WayneS (Don't blame me, I voted for Kodos...)
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To: William Tell 2

Sounds like the New Milleniums will need more than one job to pay for OUR retirement.

We just got to figure out how to get them to move out of their parents houses,


11 posted on 09/30/2013 10:06:23 AM PDT by sickoflibs (To GOP : Any path to US Citizenship IS putting them ahead in line. Stop lying about your position)
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To: William Tell 2

Combined with outrageous overregulation that kills jobs, I don’t see any other possible outcome.


12 posted on 09/30/2013 10:07:10 AM PDT by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: sickoflibs

If they stay in their parent’s houses they can afford to pay more in taxes.


13 posted on 09/30/2013 10:08:13 AM PDT by TigersEye (Stupid is a Progressive disease.)
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To: William Tell 2

Ruin?

We are not in ruins at $17 trillion and growing.

NO. Where are they getting that?

Our children have $20 g average debt coming out of college.

They pay 25% of their checks to Social Security they know they’ll never see; and they know it.

We’re letting anywhere to 30 million illegals in who take a whole lot more than they give and that won’t change, unless they stop getting paid and go home.

There are 23 million families on food stamps.

We’ve allowed the genocide of 53 million of these kids, who are supposed to fix this.

Ruin.

Absolutely not.

Our kids are heading for ruin.

Their SAT scores are way down. Their military has turned into a social experiment of deviant sex, growing more forceful.

Their teachers go to jail for a few months if they rape.

They are being taught in school that our/their country is bad.

And we allow it.

No we are not headed for ruin.

They are.


14 posted on 09/30/2013 10:08:29 AM PDT by stanne
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To: William Tell 2
(Excerpt)

Why not post the whole thing here?

You wouldn't be looking for a few hits, would you?

Bit of freeloading to get your day rolling?

15 posted on 09/30/2013 10:09:02 AM PDT by humblegunner
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To: sickoflibs

You said...
“We just got to figure out how to get them to move out of their parents houses,”

Four words...United States Navy Recruiter


16 posted on 09/30/2013 10:11:34 AM PDT by LMAO ("Begging hands and Bleeding hearts will only cry out for more"...Anthem from Rush)
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To: TigersEye
RE :”If they stay in their parent’s houses they can afford to pay more in taxes.”

They also can keep their tax rates down to the ‘get free stuff’ level by not making much $$$ if they live at home.

Unless we put a big Fed tax on their phones/

17 posted on 09/30/2013 10:11:37 AM PDT by sickoflibs (To GOP : Any path to US Citizenship IS putting them ahead in line. Stop lying about your position)
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To: William Tell 2

We need a picture of the bear in the woods or of the Pope giving a blessing.


18 posted on 09/30/2013 10:12:24 AM PDT by Westbrook (Children do not divide your love, they multiply it.)
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To: William Tell 2
Will Our Entitlement Programs Drive us to Financial Ruin?


19 posted on 09/30/2013 10:14:25 AM PDT by Old Sarge (Opinions are like orgasms: only mine count, and I couldn't care less if you have one...)
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To: William Tell 2

Will? How about “when”?


20 posted on 09/30/2013 10:14:36 AM PDT by Raycpa
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