Well, we're feeling it all right. When Goldwater wrote this some fifty years ago the entire budget for the Department of Health, Education and Welfare (which included Social Security) was around $15 billion. Welfare program expenditures ranked second to national defense in overall allocations.
Fast forward to today. President Obama's 2010 budget calls for the following: $721.5 billion for Social Security, $457.1 billion for Medicare, $284.5 billion for Medicaid and $194.3 billion for unemployment claims just to name a few of the entitlements. And defense? Trailing the sum total of the quartet by a cool (approximately) $937 billion at $719 billion. In other words the president's 2010 budget called for $1.65 TRILLION in those four entitlements alone which is more than double the amount planned for defense. Add in income security benefits (a fancy name for welfare) at $363 billion and we have close to $2.1 TRILLION allocated to entitlement programs, dwarfing defense three to one and consuming the lion's share of the budget, our economy and our future.
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