Another reason entitlements need to go bye-bye

[Saeculum]

Originally Posted by purist [You must be logged in to view images. Log in or Register.]

[You must be logged in to view images. Log in or Register.]

This. Also, arguments against Keynesian economics would probably be more effective if we were actually implementing such policies; which would probably be a good idea since the current CBO figures indicate that the US will have about a one trillion dollar gap between potential GDP and actual GDP by the end of the year (which pretty much decimates any crowding out arguments). Additionally, while deficit spending is a problem in the long-term (and possibly the medium-term), it is far overshadowed by the significant short-term problem of 9% unemployment.

As far a Libertarianism is concerned, it's a reasonable philosophy, but unfortunately it also requires people to make consistently rational decisions, which this thread alone is not the case in the real world. This is also exacerbated by the fact that we continue to cut funding for education. I mean the National Assessment American Literacy found that roughly 60% of the population has below average to poor reasoning skills. Personally, I recommend a Rawlsian approach to governance, but that requires people to accept that things like education and health care are actually necessary social goods for the citizenry.