The always readable Robert Samuelson had a column in the WaPost yesterday on something I've been talking about quite a bit around here. To the extent that there is "income inequality" in this country, a good deal of it can be directly laid at the feet of redistributionist policies that take money from the young and productive and provide it to the old and sick. Obviously, some of this is good and required...but it is out of kilter and contributing to the economic mess we move steadily toward.
Samuelson nails it here. If Republicans are being asked to compromise on taxes and tax rates, Democrats will have to compromise on entitlements, including Social Security. We can no longer afford as a nation to indulge ourselves in the fantasy that Social Security is not an entitlement.
Monday, December 3, 2012
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