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Overall your analysis is interesting, if not conclusive. At the heart of all fixes is "doing with less" by most of the governments programs. The recognition that tax entitlements is a serious issue is important, but it is also the political coin of the two parties. Finally, it is questionable that Congress will go along with any fix until they stare uncontrolled inflation in the face. That is a critical part of any analysis by economist: where does the political will come from? I am not hopeful.
Aug 24 15:26 pm
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All Comments by whidbey »The Obama Plan: We Can't Entitle Our Way Out of Paying Taxes [View article]