...."Ryan put it simply: The country’s going broke. You’d never know that from listening to the Democratic response to the pick. For that side, it’s all about what the Romney-Ryan team will take away from seniors, women, students, and the middle class — as if all of that ”stuff” were free from government. They’re counting on seniors being too senile, women being too emotional, young people being too uneducated, and the middle-class being too focused on their mortgages to understand the situation we’re in, where we borrow 40 percent of what we spend and add trillions to the national debt every year. The Ryan budget won’t push Granny over the cliff. The Obama team’s head-in-the-sand will."............
Why have politicians continued to kick the can down the road? Because Americans want it that way. They would rather not admit reality and believe like LJ that entitlements are fully funded.
Meanwhile the Bowles/Simpson solutions were ignored.
We really need to increase FICA deductions on everyone to fund these entitlements.
Thomas Sowell: There are no solutions, just trade-offs.
