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Why are SS and Medicare the biggest drivers? Didn't Clinton leave you with a surplus? And didn't he have to pay for SS and Medicare too? What's changed since th
by nanairo 16y ago
Why are SS and Medicare the biggest drivers? Didn't Clinton leave you with a surplus? And didn't he have to pay for SS and Medicare too? What's changed since then and now?
Anyway I am not arguing that big government are always the best. I am arguing that big government sometimes are. Or to put it another way I am arguing that SMALL government isn't always the best.
- achompas 16y agoI'm confused, what does Clinton have to do with these programs? Worth noting that Bush Jr. signed a prescription drug bill that will cost $550 billion between 2006 and 2015 [1]. SS and Medicare are programs intended for older people which are funded by current workers. As time has passed and SS/Medicare eligibility has increased, more SS/Medicare taxes from current workers are paying for fewer people's benefits. This problem has worsened as baby boomers have reached retirement age--we've never seen SS/Medicare enrollment like this before. Point being: my generation is paying a large chunk of taxes that it will probably never benefit from, as SS/Medicare will likely occupy too large a portion of the budget and would thus need to be scaled back (or closed down). [1] http://www.cms.gov/ReportsTrustFunds/downloads/tr2009.pdf http://www.cms.gov/ReportsTrustFunds/downloads/tr2009.pdf