In this very unfortunate time, in our country’s history, we have come to a point, economically, where we are faced with some very daunting choices…
Naturally, and understandably, there are things, that, as a nation, we have come to expect from our Federal Government; whether they are wholly Constitutional, such as having a military to defend our nation; or were created without explicit Constitutional authority, as with Medicare and Social Security, these three things, among others, are often referred to as sacred cows. They are referred to as such, because, while the majority of Americans appear to be realizing that we do, indeed, need to make some tough fiscal choices, in regards to Government-spending - generally-speaking, it is always some one else’s programs, or sacred cows, that, when asked, should be the first to be cut, or eliminated. I suppose that should be of no surprise, as it is a very part of our human-nature to not want to be forced into making potential, life-altering decisions.
Irregardless, according to most professionals, these are the three items, in our Federal budget, that seem to be placing our Federal Government, and country, in very serious danger of going broke. Therefore, in my humble opinion, all programs, and all agencies, in the Federal Government, must be put on the table; and every American, who really wants to see our country be passed onto future generations, as a free and prosperous nation, must be willing to make some difficult choices.
Most, if not all, Americans, would agree, a military is absolutely critical to our security; and, like it or not, millions have become dependent on Medicare and Social Security. For these reasons alone, these three items, in our country, are classified as the third rail of politics; simply, because, they are very hot things to touch, politically. And, generally-speaking, only the most honest of politicians will give us the truth, in regards to the sovereignty, and longevity, of these three items.
While some, in our Federal Government, including our President, have publicly acknowledged that Medicare, then Social Security, are the two Government programs, that, if unchanged, will put our nation most at risk, few are putting fourth any serious legislation that would deal with any of the these increasing monstrosities.
I don’t have all the numbers, and I am not an economist, but one idea I have heard, and really liked, was to block grant Medicare and Social Security down to the respective states, and let the states manage them, and decide their fates, going forward. That would not only be a great step, Constitutionally, in regards to states’ rights, but it would also allow our Federal Government to get back to the few things that they were initially created for, by our Founders; while, getting their own fiscal house in order! read more…