Sunday, May 6, 2012

Aging American Leftist: Social Security is Unaffordable

One Janet Daley, formerly of Berkeley, California, purportedly also a former leftist, in the UK Telegraph here:

Relying on the free market to support a vast system of entitlements (whichever of the two you choose to make your first priority) is not sustainable. The market economy simply cannot afford the enormous cost of the social security programmes that are now regarded as politically untouchable in Europe and in the US – as both of their political elites are painfully discovering.