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Noodling around with the Bammer's 2012 bdeugt provided the following:2010 income: $2,163 billion (page 171)2010 mandatory SSI: $755 billion (p. 165)2010 mandatory medicare: $447 billion (p. 165)2010 mandatory medicaid: $281 billion (p. 165)2010 mandatory SSI, medicaid, and medicare entitlements as a percentage of 2010 income: 68%.2010 mandatory DOD and wars: $667 billion (p. 64)2010 income after mandatory DOD and wars, SSI, medicaid, and medicare spending: $13 billion.99.4% of 2010 income went to those four items, and the costs listed above include only the mandatory spending in those departments. Left out are such gems as the SSI Research and Development bdeugt.And Food Stamps (which was $87 billion, BTW (p. 50)).Anyways, there are 20-ish other government departments that all operated on credit cards last year, to the tune of $1,293 billion (p. 171).My point is that the dismal math of fixing SSI, medicare, and entitlements is going to have to involve cutting those programs today, not five or ten or thirty years in the future. The mandatory spending on them alone ate up nearly everything the government took in last year.And the Bammer's projected 2011 numbers are even worse. 72% of revenues to those three programs, 106% when DOD and the wars are included.But not to fear; his 2012 revenue projection includes an additional $453 billion in revenue. A 21% increase from 2011. And his 2018 revenue projection is $4,257 billion. A 96% increase from 2011.So the government can double revenue every 7 years. Hooray, we're saved.
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(VISITOR) AUTHOR'S NAME
Diane
MESSAGE TIMESTAMP
19 december 2014, 02:55:25
AUTHOR'S IP LOGGED
190.204.106.82
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