Runaway spending on Medicare, Medicaid, and Social Security will drive federal debt to unsustainable levels over the next few decades. Total national debt consists of publicly held debt and intergovernmental debt. Intergovernmental debt is the amount that the government owes to specific programs or agencies, such as the Social Security Trust Fund. Publicly held debt is more relevant to credit markets.
History proves -- beyond a shadow of a doubt -- that no country can survive these levels of debt.
And when thoughtful people propose reforms -- like George W. Bush's 2005 Social Security reform plan and Paul Ryan's Path to Prosperity Budget Plan -- they are demonized and demagogued as "pushing Grandma off the cliff".
Unless we remove the Cloward-Piven Democrats from office -- and force RINOs to hew to the Constitutional line -- this country is headed for collapse, as surely as night follows day.
November is coming.
1 comment:
You need to flip the chart over for an illustration on freedom for children (and liberals). That way the low percentage of GDP shows up high on the graph. You point to the chart and say see kids how close we have come to true freedom in the past. Now look how far away from it we are heading.
ItsShankinbake
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