Slide 23 of 49
Notes:
If we cut out Medicaid, Food Stamps, AFDC, SSI, WIC, Assisted Housing, Home Energy Assistance and Day Care Assistance; we can save $186.6 billion or 12.3 % of the total budget. Now that will take care of the 1995 budget deficit of $163.9 billion and give us a little spare change to put toward the National Debt. But I doubt we cut all those programs in our discussion. If this class is anything like other classes I have had, we have probably not made much headway at all towards balancing the budget. We have probably spent a great deal of time debating amongst ourselves with me egging you on. Sounds a lot like what goes on downtown in Raleigh and Washington D.C. to me.
This exercise is a lot of fun in the classroom, I don’t know how it will work out on line. Post some comments on the net forum and let’s get a sensible and mature discussion going or something.
You may be realizing that this is a complex process because of the complexity of the issues and the costs and benefits associated with different groups of individuals.