Are we taking notice, yet?
Yeah, I know, “Sloth there’s nothing about homosexuals or religion here. Why drag down PWI with politics?” Too bad!
[i]The American people understand that these welfare programs are unaffordable. According to Gallup, two out of three Americans believe Social Security and Medicare costs are either already creating a crisis for the federal government (34 percent) or will do so within 10 years (33 percent). This reality, however, is just now beginning to sink in for perceptive liberals here and there. Mother Jones’ Kevin Drum wrote Monday:
“The public is mostly in favor of raising taxes on the rich – though I suspect its support is pretty soft – but on the bigger issues they mostly aren’t on our side. They think deficits are bad, they don’t trust Keynesian economics, they don’t want a higher IRS bill (who does, after all?), and they believe the federal government is spending too much on stuff they don’t really understand.”
Conservatives have indeed dominated the debate over the liberal welfare state in recent years because the facts are on their side. According to the program’s 2011 annual report, Social Security added $46 billion to this year’s deficit and will add $9.1 trillion to the national debt over the long term. Medicare was also in the red by $66 billion this year and will add $24.6 trillion to the debt over the same period. Income tax rates for all Americans would have to double to cover this level of spending. No wonder Americans are turning against the welfare state.[/i]
Read more at the Washington Examiner: http://washingtonexaminer.com/opinion/2011/08/america-comes-grips-liberal-welfare-state#ixzz1TzgG4LZj