US Voters Want More Funding for Social Security and Medicare, Less for SBR \ stacker news ~charts_and

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US Voters Want More Funding for Social Security and Medicare, Less for SBR

146 sats \ 11 comments \ @Coinsreporter 17 Mar charts_and_numbers

New polling from Data for Progress shows that this is not something voters want. Of nine potential funding priorities for the U.S. government, the least popular is investments in cryptocurrency. Only 10% of voters believe the U.S. should increase federal funding for cryptocurrency and blockchain development — far below priorities like Social Security (65%), Medicare (64%), roads, bridges, and transportation (63%), Medicaid (53%), public education (52%), and renewable energy (45%), and also lower than space exploration (24%) and artificial intelligence (20%).

Voters were also asked directly if they support a crypto strategic reserve. A majority of voters (51%) are opposed, including majorities of Democrats (59%) and Independents (56%). Republican voters are split on the proposal.

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237 sats \ 7 replies \ @Undisciplined 17 Mar

It's a good illustration of why the fiscal situation is hopeless. Unless there are serious cuts to Social Security, Medicare, and Medicaid, the US budget will continue exploding. Those three programs carry an unfunded liability of hundreds of trillions of dollars. Stated simply, at some point, those promises are going to be broken.

And yet, the popular political move is to keep making the problem worse, because that's what voters want now.

22 sats \ 6 replies \ @Coinsreporter OP 17 Mar

I'm trying to figure out what US voter really want? To me this all sums up like another political set up of creating mass confusion to delay what can empower the common man.

30 sats \ 5 replies \ @Undisciplined 17 Mar

It's really simple: voters want free shit and they give zero thought to the consequences.

42 sats \ 4 replies \ @Coinsreporter OP 18 Mar

Yupp. You're absolutely right. There's a big old lie by the name of MNREGA has been set up by the previous governments here. That basically provided a guarantee of 200 day wages to every unemployed person in India. I see many villagers still sing songs for this stupid free shit because they really don't have to work and what they get - 279 Rupees (around $3) per day! The current Modi government wants to stop it but it fears losing the next election. This free shit is cancerous in democracy.

20 sats \ 3 replies \ @Undisciplined 18 Mar

It's why a lot of people think that only net tax payers should be able to vote.

Of course, the problem with that is needing people to support it now, when it's wildly unpopular.

24 sats \ 2 replies \ @Coinsreporter OP 18 Mar

Never gonna happen in democracy. The premises of democracy is equal rights and representation, which comes in contrast to your opinion.

I think it would be better if governments leave all finances to the private sector and only keep for them what's necessary to run or government a nation.

I mean they should leave Medicare, education, Social security in the hands of corporate or private companies and have Police and administration under them.

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0 sats \ 0 replies \ @028559d218 18 Mar

“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years. These nations have progressed through this sequence: From bondage to spiritual faith; From spiritual faith to great courage; From courage to liberty; From liberty to abundance; From abundance to selfishness; From selfishness to apathy; From apathy to dependence; From dependence back into bondage.” ― Alexander Fraser Tytler

https://www.goodreads.com/author/quotes/5451872.Alexander_Fraser_Tytler

0 sats \ 0 replies \ @denlillaapan 18 Mar

Democracy is the illusion that everyone can live off the expense and efforts of everyone else.

0 sats \ 0 replies \ @itsMoro 17 Mar

let me opt out of the ponzis, plz