John Stossel

Education is not a federal responsibility. Federal spending of $106 billion a year has not raised test scores one bit.

Now I've cut $329 billion. It's still not enough.

The military is about a fifth of the budget. I want to support our troops, but we could do that and save money if the administration would shrink the military's mission to what it is supposed to be: protecting us from external threats. We cannot put America on a road to solvency without cutting military spending, too.

Of course, what will really bankrupt America are entitlements, especially Medicare. That's the big one.

Why even call it an entitlement? Are we entitled to the money? People think we are, but the money is taken from the taxpayers -- by force. The program is totally unsustainable. We now live so long that most of us get back about three times what we paid into these programs.

So we have to raise the retirement age, maybe index it to life spans, and turn Medicare into an insurance plan that sustains itself. That will mean that if I want the latest in high-end medicine, I have to pay for it myself.

We're on the way to becoming Greece -- while our "leaders" stand and watch. A catastrophe is happening before our eyes, but the politicians won't act to avert it. How did they ever end up with enough power to sink our society?


John Stossel

John Stossel is host of "Stossel" on the Fox Business Network. He's the author of "No They Can't: Why Government Fails, but Individuals Succeed." To find out more about John Stossel, visit his site at >johnstossel.com. To read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate Web page at www.creators.com. ©Creators Syndicate


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