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Author: fzabaly Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 852941  
Subject: Re: A thought Date: 10/11/2000 12:31 PM
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More than 80% of the gov't budget is interest on the debt, and social programs like social security and medicare, which you can't touch.

Let's get some clarification/data.
From http://www.taxfoundation.org/dollar2001.html
the Federal Budget spending estimates are:
Social Security: 23%
Health&Medical: 21%
Income Security: 14%
Net Interest on debt: 11%
National Defense: 16%
Other 15%
Not 80% -- 11 + 23 + 21 = 55%. Let's be accurate!

I agree regarding the idea that once money is sent to Federal government it is very difficult to stop sending it every year.

But, we are Americans.
I am sure it was very difficult to create the USA via revolution. I was taught that the US Revolutionary war was one of the few successful revolts in history at the time it occurred.

Thus, once you commit to spending that much, you cannot cut back.

Doing the very difficult is our heritage. We should embrace good ideas despite their difficulty.

Or are we supposed to give our government carte blanche? Not me!

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