‘We can’t afford socialism’
Dear Editor, Neither Democrats nor Republicans can afford the socialism we already have. Adding more socialist spending is absurd. The National Debt (ND) is $23 trillion. This year: spending – revenue = $1 trillion added to the national debt. Spending must be cut not increased. In our budget, mandatory spending consumes 61%, most of which is Social Security, Medicare, and Medicaid. Additionally, at present rates, interest on the ND is 8%. Defense spending is 15%. Only about 16% is left for discretionary spending. SS and health care expenses are a juggernaut growing ...