By marfdrat on January 7, 2013
George Will thinks so. If you look at his logic -which involves the number of Democrats who voted to make most of the Bush tax rates permanent- it looks pretty solid (my bold emphasis).
By marfdrat on October 18, 2012
Contrary to what Michelle says, this is not a sign of a “huge recovery.”
Welfare spending has grown substantially over the past four years, reaching $746 billion in 2011 — or more than Social Security, basic defense spending or any other single chunk of the federal government — according to a new memo by the Congressional Research Service.
By marfdrat on September 4, 2012
Nicholas Eberstadt details how entitlements have turned our government’s priorities upside down. In the last fifty years, transfers to individuals have grown by 727% (that’s adjusted for inflation and population growth). We can’t keep increasing entitlement payments at the current rate; soon, there won’t be anything left to pay for the other functions of government.
By marfdrat on February 23, 2011
This mentality is dangerous, and I think it afflicts a good number of Americans, including a lot of the protesters in Madison, Wisconsin. When enough folks get the idea that the government owes them something, it’s a problem.
By marfdrat on February 16, 2011
Posted in Economics & Politics | Tagged budget cuts, budget deficit, calculus, deficit, democrats, entitlements, federal spending, house of representatives, jack daniels, math, math lessons, republicans, shots, whiskey | Leave a response
By marfdrat on January 28, 2011
I really like the way this guy writes. Without a lot of frippery, he lays out the problems we’re facing with government spending, and explains where we’re headed if we don’t do something about it. In his introduction, he says that people who hate this country AND people who love it are both hell-bent on destroying it. Huh?
By marfdrat on December 27, 2010
Everybody knows that entitlements are going to bust the budget if we don’t do something about them, and quick. Senators and Representatives make noise about it, but don’t act, because “entitlements are the third rail of politics.” In a Washington Post editorial today, Robert Samuelson unleashes a dose of reality and sensibility on entitlements. Social Security and Medicare/Medicaid represent two-fifths of the federal budget, twice the defense budget. Somebody has to pay, and Baby Boomers are the likely candidate: