Any cuts to Social Security will further weaken an already volatile and susceptible economy. According to the Christian Science Monitor, the Retirement Income Deficit is approximately $6.6 trillion- five times the size of the national. What this estimate means is that Social Security is going to be half the income for 2 out of 3 retirees and the only income for 1 in 5 retirees. Today, only half of workers in the private sector have retirement plans. Cuts in Social Security would result in many more millions of Americans dropping below the poverty level, thus putting more strain on our government and economy. Why reduce benefits on a program that does not even add to the deficit. It is clear that the Republicans, especially the Tea Partiers, are either oblivious to the ramifications of their stances or just don't give a damn. Either way, those who advocate reducing much needed social programs (programs that allow people to buy food and much needed medicine) are not fit to serve as the people's representatives and champions.
Much of the philosophy behind many of these proposed reductions is the belief that government needs to be made smaller and that regulatory approaches are of the devil. This idea makes for very good politics and campaigning does it not? People love to blame the government for a multitude of woes. So the government as the "Boogie Man" is a very appealing label. What if these people got their wish? What are some implications for everyday Americans? Let's do what most Americans do not, take their ideas to their finial conclusions. Don't worry about regulating airline safety, food and drug safety, carbon emissions, vehicle safety guidelines, Wall Street (remember the housing crisis), or a variety of other things that improve the quality of American lives. There may be many people who are in favor of the abolishment of the government's ability to regulate, UNTIL it affects them.
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