He also stuck us with Social Security and Medicare, which are the main drivers behind the intergenerational debt we're facing now.
So, I mean, big government isn't always the best.
He also stuck us with Social Security and Medicare, which are the main drivers behind the intergenerational debt we're facing now.
So, I mean, big government isn't always the best.
Anyway I am not arguing that big government are always the best. I am arguing that big government sometimes are. Or to put it another way I am arguing that SMALL government isn't always the best.
SS and Medicare are programs intended for older people which are funded by current workers. As time has passed and SS/Medicare eligibility has increased, more SS/Medicare taxes from current workers are paying for fewer people's benefits. This problem has worsened as baby boomers have reached retirement age--we've never seen SS/Medicare enrollment like this before.
Point being: my generation is paying a large chunk of taxes that it will probably never benefit from, as SS/Medicare will likely occupy too large a portion of the budget and would thus need to be scaled back (or closed down).
[1] http://www.cms.gov/ReportsTrustFunds/downloads/tr2009.pdf
What politician would scale back SS/Medicare when retirees are one of the largest voting blocks in America?
Governments also don't necessarily experience more corruption over time. Just look at overthrown dictatorships. If you said democratic governments, like the US, I'd agree with you, since the accumulation of wealth shifts power around.