enthalpy

enthalpy

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The truth shall set you free, but first it's going to piss you off

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Thursday, March 03, 2011

Posted 3/03/2011 01:02:00 PM by Douglas

Finally, someone that's talking serious budget cuts talks about the sainted holy ponzi scheme of Social Security:

Sure, the political system seems to be engaged in big debates about the budget, pensions and the nation's future. But this is mostly a sideshow. The battles in state capitals over public-employee pensions are real - the states are required to balance their budgets - but the larger discussion in Washington is about everything except what's important. The debate between Democrats and Republicans on the budget excludes the largest drivers of the long-term deficit - Social Security, Medicaid and Medicare - to say nothing of the biggest nonentitlement costs, like the tax break for interest on mortgages.

They gonna get they money. It's just a question of where.

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