Does anyone think it makes sense to cut Social Security revenue by a third at a time when more baby boomers are "coming of age" every day?
Interesting figures at US Debt Clock dot org: The Largest Budget Item is Medicare/Medicaid at $789 billion, then Social Security at $699 billion. Defense/Wars comes in third at $689 billion.
Also of note: Of a population of nearly 311 million people, we have only 110.4 million taxpayers. There are 54 million retirees, 26 million actual unemployed and 20 million government employees (federal, state and local combined).
The site has a new "time machine" feature that can take you forward or back in time. For instance, on this day in the year 2000, the population was 283 million, with 105 million taxpayers, 45 million retirees and 9 million actual unemployed (they don't list the number of government employees).
In 2000, U.S. Debt was $371,035 per family. Now it's $671,743.
