The thing that amazes me is how little conservatives think things through...
Agreed, that's why I'm a libertarian.
As has been pointed out, there's plenty of tax revenue to pay debt, send out social security checks and fund the military, so it's irrelevant.
Government cutting welfare reduces the spending of welfare recipients, but it also stops taking that money from those who earned it. You can argue your odd sense of fairness that people have the right to spend other people's money, but you can't argue it's bad for the economy to stop doing it.The same holds true of the HealthCare industry if medicare checks are cut off...it will ripple through our economy...
Social Security is not welfare; but the point made by Richard is spot on. Cutting off social security or welfare suggests the butcher, baker and candlestick maker won't sell as many goods, and the landlords who own the property rented to the butcher, baker, the candlestick maker and the bank which holds the SS recipients mortgage won't get paid.
This whole redistribution of the weatlh is a canard; too much wealth in the hands of too few harms the economy.
That's not necessarily true. Government squanders about 3.5 dollars out of every 5 they take from people. Thus, if the people still had their 5 bucks they could spend more of it more efficiently then the government. SS is a ponzi scheme. It was doomed to fail the second the birth rates started to drop. That is happening and now we are seeing what will happen as the boomers start to draw their checks at an ever increasing rate.