Paying for Boomers’ Excesses: A Pretext to Dismantle Social Security?
Posted in Politics/Economics on December 30th, 2005
I came across this interesting transcript from the BBC, discussing how Gen-Y will wind up paying for the excesses of Baby Boomers and questions how willing they will be to continue to do so.
While I believe the problem in the UK is more acute, I wonder if in the U.S. the Republicans could eventually use this as a pretext to finally dismantle the New Deal. They might try to use this issue as their “in” to the younger generation, right when the Republican base would be aging into oblivion.
I guess we’ll know in 10-20, or maybe even 30 years.
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