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Thread: So Obama just put raising taxes on the table...

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    Petrolhead Browning151's Avatar
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    Quote Originally Posted by .blank cd View Post
    There doesnt need to be reform to entitlement programs.
    You've got to be joking. $60 billion+ in fraud every year and Medicare and Medicaid don't need reform? Not to mention the fact that they allow people to not be responsible and prepare themselves for the future. Didn't save enough money throughout your life to support yourself in your retirement years? No problem, here's Medicare and Social Security. What's that, still not enough money? Ok let's get you signed up for food stamps and while we're at it a free cell phone too. There's NO excuse for not being responsible and preparing for your future, NONE, it's all about personal choice and priorities.

    Also read this article from CNN Money. Article

    At the current rate by 2020 Medicare, Medicaid and SS will eat up 64% of all tax revenues, add in another 28% for interest alone on the debt and that leave only 8 cents out of every dollar of tax revenue to run the government. It's not sustainable no matter how you slice and dice it, it's just not possible.
    Last edited by Browning151; 04-21-2011 at 09:06 PM.

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