WeWantMore
New member
Re: Obama Presidential Thread XIX: Starting a new chapter
You better have a word with Harry Reid then.
Eventually "mandatory" spending will have to be cut. The most obvious place to start is by means testing it and phasing it out for people with higher incomes, but after that adjustment there will still have to be cuts in benefits. We will have to reconfigure Social Security and Medicare as insurance programs rather than fixed interest accounts (that appreciate higher than the market rate of return).
You better have a word with Harry Reid then.