Worry in the news

Don’t fall for distortions. Compared to the pie, the slice used for social programs isn’t where to strike the alarm.

Right now, the federal government spends about 9 percent of GDP on the three biggies, Social Security, Medicare and Medicaid, with the total roughly evenly divided between retirement and medical care. – Paul Krugman

There’s much we can fix before pulling social survival.

The trillion-plus Bush deficit, yes the Bush/Republican deficit, is 7 percent of the nation’s GDP plus interest payments on the debt alone is 14% of GDP. We spend more than 4% on war. Oh well… there’s much to do.