Monday, June 17, 2013

Welcome to the party, pal!

So, many, many times on this blog I've argued that unless entitlement spending is reformed, the inexorable rise in mandatory spending will crowd out discretionary spending.  The editorial page editor for the WashPost reached the same conclusion with a twist: "Liberals should lead entitlement reform."
But while federal programs aimed at the young and the poor — and at investments in the future — are slated to dwindle, the entitlement programs are on track to give ever richer benefits to a growing older generation, some of whom don’t need all that much help.
Social Security, for example, is designed not just to provide a floor for all seniors but to give each succeeding generation more generous benefits than the one before. That’s a nice idea but one the country can no longer afford, at least not without robbing the future.
Hiatt posits that because discretionary spending will be squeezed no matter what, it's better for liberals to take the lead to shape reform while there's a progressive in the White House.  Good luck with that.

1 comment:

Bram said...

It's easier to just deny reality and pretend that government can grown on forever.