Sky is Grey
Submitted By Todd on May 29th at 11:48am
'This used to be the Golden State, and now it is a sorry state and it is not my California,' said Assemblywoman Noreen Evans, the budget committee chairwoman.Life would be very simple for perplexed leaders if they would just cut out of control social infrastructure spending when there are shortages rather than looking for new revenues and intimidating voters by cutting teachers and emergency workers.
The proposals would dramatically curtail spending on health care, higher education, welfare and the vaunted state park system, as well as reducing spending on AIDS treatment and prisoner rehabilitation.In Massachusetts, we could end our budget deficits by opting out of Medicaid, a program that costs $9.5 billion (more than half of which is covered by the feds) per year in a state with a $26 billion budget. We could use a billion of our own money for social safety net spending, and put the balance toward the deficit. All fixed.
The reductions came on top of 16 billion dollars in cuts Schwarzenegger unveiled two weeks ago, and are expected to be followed by further 3 billion in cuts that are designed to meet the state's expected 24.3-billion-dollar shortfall.Liberals live for the money they give away, and even in a state where Medicaid spending equals 40% of the annual budget, they complain, "Don't you want to have a social safety net? Shouldn't the kids of decrepit parents get health care?"
By 2017, the U.S. government will be obliged to stop sending Social Security checks to one in every four people who qualify for them. Alternatively, it will be obliged to reduce payments by 25 percent for all qualified recipients. Why? By 2017, the U.S. pay-as-you-go Social Security system will fail to pay its way for the first time since the Great Depression. Wealthy as it is, the United States can't borrow the escalating sums needed to make up the deficit...Fine - have a social safety net. But make it 3% of spending instead of the majority of spending.