Cutting social security and Medicare is defaulting against you.
|Cutting social security and Medicare is defaulting against you.|
As the congress and the executive battle over the budget it is clear from the rhetoric that default is on the table. It's a question of how much and who the US should default.
The media is full of words like entitlements instead of trust when the obligations of social security and Medicare are discussed. So the media also takes a side in the propaganda.
Worse than this ruckus is the fact that there is not a paradigm shift in the economy that will fix the economy.
US spending have created jobs in the defense-prison-security sector; but not in health, education, and small green businesses.
Imagine if the homeowner were bailed out instead of the banks. Imagine a tariff on finished good. Imagine taxing the ober-rich