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Originally Posted by Socks
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This is the problem. The Republican party has moved to being as big of spenders as Democrats on social programs. They want the senior voters. Government spending typically increases at about 3% per year. We've had some increases of 7% per year recently which is really unsustainable.
Raising expenses in excess of tax receipts is the same as increasing taxes.
Medicare Part D was a huge mistake. We can end the war. Try and take prescriptions away from old people though. This is an expense we will end up paying for the next 50 years. Americans should be 10x angrier at Bush for pushing Medicare Part D than for the Iraq war.
When you look at the US budget you see it is dominated by Defense, Medicare, Health and Social Security. The baby boomers are reaching retirement so the second part of that equation is going to increase every year.