Social Security…crushing taxes…slashed benefits…blah blah blah

George Will reiterates what we all know: America cannot possibly support the entitlements that have been promised but nobody has the will to change the system. We’ve become a nation of Cassandras. Everybody knows the deluge is coming, but we can’t convince ourselves to do anything.

IMO, after America bankrupts itself completely, Social Security will be means-tested. Thus, people (like me) who diligently saved into their 401(k)s will see their benefits cut because they’re “rich.” Meanwhile, non-savers who got a new set of wheels every year instead of saving for retirement will keep their SS benefits because they’re “poor.”

Get me re-write!: The Ant and the Grasshopper