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The national security shell game
Tuesday, June 15th, 2010
June 15, 2010
The National Security Strategy doesn’t mention either Medicare or Social Security by name. But the code words “medium-term deficit reduction” are there, and they are today’s stand-in for cuts in those programs… But why?… They are successful, popular programs that protect America’s elderly from poverty. Cutting them would be devastating… The “national security” case for cutting Social Security and Medicare is bogus. In economic terms, it’s just a smokescreen for those who would like to transfer the cost of all those bank failures onto the elderly and the sick.
Tags: budget, standard of living
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