An Internet hub with domestic and international news, analysis, original reporting, and popular features from the left, center, indies, centrists, moderates, and right
« Dems don’t have acceptable CBO score yet
The GOP’s Last Chance To Spread Fear and Distort Truth on Health Care Reform »
A Bit Of An Obama Ooops
President Obama recently told the compelling story of a woman facing the loss of her home because of health care costs.
Certainly there are many problems with out health care system, but it looks like this isn’t one.
51 Responses to “A Bit Of An Obama Ooops”
Entitlement reform and cutting the defense budget are two different things. Both types of spending are anchors weighing us down, but the entitlement part of the budget is a ticking time bomb that has to be defused.
Actually, it's precisely the opposite in my view. The military budget is the ticking time bomb, because it's by far the biggest single area of spending, because it's politically untouchable, because it keeps growing every year, and because it sucks up this country's ability to address any and every other need in our society.
Contrast that with entitlement reform, which actually would project savings every single year, forever, if we decrease our obligations or implement a new funding stream to cover those obligations (well, the latter wouldn't produce savings but would reduce the amount of deficit spending needed to cover the obligations.)
Are you taking into consideration when you calculate that “gift that keeps on giving” that there will be expenses associated with the social and economic dysfunction that will get even worse than it already is as a consequence of the government cutting the already relatively meager amount it currently spends on what you define as “entitlements”?