Sunday, July 10, 2011

Why we're in the budgetary soup

“Governing is about choosing, and in the budget debate, there are no popular choices,” said Robert Samuelson. “But the reality shaping them all is an aging society in which programs for the elderly are pushing the budget into growing disequilibrium. Until the political gatekeepers acknowledge this — meaning the left recognizes the need for genuine benefit cuts and the right accepts some higher taxes — public understanding and political agreement will remain hostage to partisan fairy tales. It’s time to deal with facts.”

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