The Real Reason We Have A Budget Problem That No One Has The Guts To Talk About

The Real Reason We Have A Budget Problem That No One Has The Guts To Talk About

Do you want to know the real reason we have a budget problem in America? It’s something that most politicians, conservative or liberal, Republican or Democrat, don’t have the courage to address because it would make so many people angry. Happily, I’m not running for office; so I don’t have to spoon feed anyone.

Are you ready?

The real reason we have a budget problem in America is because the middle class citizens in America aren’t willing to pay in taxes what their Social Security and Medicare benefits are worth or dramatically scale back the amount of benefits they receive. Instead, what they want, is for someone else to pay for a large part of their Social Security and Medicare benefits. Since the difference between what the middle class pays in and receives is too great to be covered by the rich and politicians don’t have the courage to tell them “no,” the country is headed towards financial oblivion.

If everyone in the middle class got no more out of Social Security and Medicare than they put into the programs, it wouldn’t entirely fix our spending problem, but we certainly wouldn’t have a serious long-term debt issue.

You can get mad about it and you can deny it all you like, but over the over the long haul, the only way we’re going to be able to keep from going bankrupt is to find a way to even out the amount of money that middle class citizens are paying into Social Security and Medicare with the amount of money they’re taking out of the program. One way or the other, that is going to happen, if only because we’re going to go bankrupt if we don’t do it.

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