Because of demographic changes in the U.S. government will not remain other exit, except how to cut social and military spending, writes the former head of Department on public relations in the administration of U.S. President Ronald Reagan.
MOSCOW, 5 Nov. Whoever wins in the US in 2016, demographic and economic realities do not give grounds for optimism, writes in his article in the magazine The American Conservative, former head of public relations in the administration of U.S. President Ronald Reagan, now a writer and journalist Patrick Buchanan.
In the period from 1946 to 1964 born 79 million people. It was the largest, most educated and most successful generation in American history. If 75 million of these 79 would live to be 66 years, this means that from 2030 the pension each year will leave nearly 4 million baby boomers, estimated Buchanan.
To ensure retirees promised health care, have to cut benefits and raise taxes. In addition, the U.S. for the fourth time in a row facing a deficit of nearly chetyrehjadernogo budget for the sum more than 1 trillion dollars. To balance the budget without reducing spending on defense and social programs will not work.
Power freeze wages, reduce pensions, cancel the projects. If we talk about national defense, the question is, how long the U.S. can afford to spend more than the next dozen countries combined. And how long the U.S. can continue to protect a variety of countries half a world away from them? How many more wars costing trillions of dollars, like Iraq and Afghanistan, will be possible to live on borrowed money?
The era of big national projects for the U.S. ended, concludes Buchanan. Franklin Roosevelt was New deal, and world war II, the Eisenhower — road construction, Bush — two wars and again tax cuts, Obama — Obamacare. However, the USA has no more money to spend on such things. To the horizon extend only debts and deficits.
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