Even the NY Times has figured it out:
The problem, many analysts say, is that record government deficits have arrived just as the long-feared explosion begins in spending on benefits under Medicare and Social Security. The nation’s oldest baby boomers are approaching 65, setting off what experts have warned for years will be a fiscal nightmare for the government.
“What a good country or a good squirrel should be doing is stashing away nuts for the winter,” said William H. Gross, managing director of the Pimco Group, the giant bond-management firm. “The United States is not only not saving nuts, it’s eating the ones left over from the last winter.”
The buck stops here, said one Harry Truman. Also known as give 'em hell Harry. But we don't have a plain-speaking president like that. So we have plain-speaking people. We'll give you hell at the ballot box. Because you're creating a hell on earth for our children and grandchildren.
And with Medicare cuts coming up under ObamaCare I imagine Boomers aren't going to be treated too well either. Nor women worried about breast cancer. And did you notice the latest version of the bill starts taxing us up front but the effective date of the new healthcare plan has been pushed back another year--from 2013 to 2014, so the Dems can better fudge the numbers.
There are alternatives. Start with starting over.
As we gather around the table this Thanksgiving be thankful for your family and friends. Because this government is gobbling up our prosperity and our future.
P.S. I don't agree with much of what Ross Douthat has to say in this piece, most notably on Sarah Palin, but he reminds us of Marty Feldstein's refreshing healthcare proposal, made last fall. ( I would add--he chose to be the NY Times' tame rightie)
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