5.24.2009

So's yer old man


It's increasingly obvious that Congress and the president (regardless of which party is in power) will deal with the political stink bomb of an aging society only if forced. And the most plausible means of compulsion would be for Social Security and Medicare to go bankrupt: trust funds run dry; promised benefits exceed dedicated payroll taxes. The sooner this happens, the better.

[From Why Social Security Should Go Broke Faster | Newsweek Voices - Robert J. Samuelson | Newsweek.com]

I'm not much appreciating being referred to as a stink bomb, although I'm thinking the timing's not too bad. As soon as my Federal stimulus arrives I can buy my pitchfork with that.



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