Quote:
Originally Posted by Bossman
The US deficit is too big for the USD too climb aganst other fiat currencies - if the US cut military spending + social programs, then they might be able to balance the budget,
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What social programs? They take up a VERY small % of the budget. Don't mention SS and Medicare because those are paid for by FICA taxes. Now in 10 years yeah there won't be enough form FICA taxes to cover those expenses, but that's in 10 years not today. The military is by far the largest part of our budget. And frankly if they'd stop paying $200 for a hammer, $300 for a coffee pot we could still fund our military on MUCH less.