How much longer will this go on? The L.A. Times says "Don't trust anyone over 60 - Mandatory health coverage could be the catalyst for a new generational war."
America's healthcare system for the elderly (Medicare, plus Medicaid for nursing-home care) is already edging the country toward generational war because Washington will sooner or later be forced to choose between drastic limitations on coverage in those programs or drastic increases in taxes on the decreasing portion of working Americans. Now we're adding a parallel obligation on younger workers to subsidize healthcare for fiftysomethings.I really wish I could convince the kids that they're being led into a fiscal Punji stick trap but they all voted for Obama because "fairness" and "hope" and junk. And if you're an American politicians looking to get elected, to whom will you make your appeal? The grey army that votes in huge numbers or the youngsters holding down their 29-hour work week? Keep the machine running until it all breaks down.
Extra - Laurence Kotlikoff: "Oh, and by the way, our government is totally broke."