« Hate Mail. | WILLisms.com | Trivia Tidbit Of The Day: Part 16 -- Media Bias. »

Reform Thursday: Week Eleven.

Thursdays are good days for reform, because they fall between Wednesdays and Fridays.

That's why WILLisms.com will display a chart or graph, every Thursday, pertinent to Social Security reform. The graphics are mostly self-explanatory, but we include commentary on some of them where and when necessary.

This week's graphic comes to us from the Monthly Treasury Statement
of Receipts and Outlays of the United States Government (click here for .pdf version):

Click image for larger version.

Pretty stark.

Social Security and Medicare together eat up such a large portion of the budget, it is nearly impossible to achieve true fiscal responsibility, even by lowering spending on other programs. Entitlement spending is the bulk of the budget, and if Democrats and Republicans alike are truly concerned about deficits, they will reform Social Security, one of the largest entitlements, sooner rather than later.

In the future, without reform, Social Security spending as a share of the overall budget will grow, making balanced budgets exceedingly difficult and forcing painful choices, choices that we can avoid with reform.

Previous Reform Thursday graphics can be seen here:

-Week One.

-Week Two.

-Week Three.

-Week Three, bonus.

-Week Four.

-Week Five.

-Week Six.

-Week Six, bonus.

-Week Seven.

-Week Seven, bonus.

-Week Eight.

-Week Nine.

-Week Ten.

Tune into WILLisms.com each Thursday for more important graphical data supporting Social Security reform.

Posted by Will Franklin · 14 April 2005 08:51 AM

Comments

Posted by: Zsa Zsa at April 14, 2005 10:59 AM

Posted by: Zsa Zsa at April 14, 2005 03:15 PM

Posted by: Marge at April 14, 2005 05:27 PM