Monday, July 30, 2007

The silence is deafening!

I believe that we are sitting on a ticking time bomb and no one is willing to acknowledge it, let alone diffuse it.  The aging  baby boomer population is going to push government programs like social security and Medicare over the brink of sustainability, which will drag down our Nation’s economy and challenge the fundamental structure of our government.   In the future, 75% of our National budget will be income redistribution from the workers to retirees.  This is in effect socialism.      

 

Here is an Newsweek article that details the subject: http://www.msnbc.msn.com/id/20010728/site/newsweek/

 

Social programs have been ingrained into our being.  But there comes a time when someone has to pay the bill.  We need to have some foresight and take a look at the horizon to appreciate the magnitude of the oncoming tidal wave. 

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