You're probably right. No one wants to do the right thing...like cutting entitlement spending in half.
America chose the GM Model vs. the Ford /Mulally Model of of review all processes, streamline, reduce, do it smarter if you even need to do it at all, etc. etc etc.
We now are offically as dysfunctional as GM, and on the same road they are on, but we are now them in 2004....
Welfare-related spending tops $1 trillion (almost the entire annual shortfall).
Bureaucrats do not want to be laid off.
Foreign aid going to Soros-related non-governmental organizations does not want to be cut off.
If I hear the phrase “entitlement spending” one more time I may shoot myself.
The unified budget is a LIE.
SS and MC are withheld from paychecks separately to fund those programs.
About $2.5 trillion worth of Treasury Bonds were purchased with EXCESS cash from those deductions over the years.
The cash was SPENT by Congress.
This was supposed to be an “investment”.
But, in reality, it’s just so much paper. Why ?
Now, when the redemption of those is needed to fund shortfalls, corrupt politicians (both parties) want to say #$%$%^#$%#$ to Americans.
The government needs to keep selling MORE treasury bonds than the redeem as they roll over the debt.
So that is why the Trust Funds are forced to not redeem their bonds, but roll them over into new bonds.
That is the definition of a ponzi scheme.
It really makes Congress mad that they need to kick in a few billion now to cover the shortfall.
But what about that $2.5 trillion in bonds ? Can’t we sell them ?
If they are a “solid investment” we should be able to sell a few billion a year to get cash.
No, let’s have people retire older and older and older.
Let’s keep trimming out what we pay.
And let’s not cut welfare to working-age, able-bodied people. Let’s make sure all the NGOs in the middle east keep getting billions of taxpayer dollars. Let’s keep the billions being paid to Federal bureaucrats going.
Over 10% of what everyone earns is paid in. Man, did Congress pull a fast one on American citizens.
That’s criminal.
Sure, entitlements hurt, but so do the legions of government employees we will pay pensions on in near-perpetuity. Cut the entitlements people haven’t paid for first—the ones to illegals, welfare, etc., and then cut the staff administering all those programs, too. That is the machinery which guarantees every dollar put into government only returns 39 cents.