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The Times
  • Editorial: Entitled to fail our kids?

  • If you were bored and seeking causes for alarm on Monday, you could have struck gold by stumbling over a column in The New York Times by its former executive editor, Bill Keller — whom few would confuse for a conservative — under the headline “The Entitled Generation.”

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  • If you were bored and seeking causes for alarm on Monday, you could have struck gold by stumbling over a column in The New York Times by its former executive editor, Bill Keller — whom few would confuse for a conservative — under the headline “The Entitled Generation.”
    In it he detailed the ominous threat to the federal budget that is the baby boom generation, which is now retiring in record numbers and gobbling up entitlement dollars like there is no tomorrow, which there may not be for our kids if solutions are not found.
    Citing research from the centrist Democratic think tank Third Way, Keller compared Uncle Sam’s investment and entitlement spending over the last half century. He found that in 1962 America put 32 cents of every federal dollar toward infrastructure, schools, defense, science, etc. — the “foundations of prosperity” — and 14 cents toward Social Security, Medicare and Medicaid. In 2012 those numbers are 15 cents and 46 cents, respectively. By 2030 a breathtaking 61 percent of the federal budget is forecast to go toward entitlements. Meanwhile, if the nation’s working age population grows 20 percent in the next 30 years, the number of senior citizens is expected to climb 100 percent.
    As Keller writes, “The arithmetic simply doesn’t work.” For all the grief Republicans get for trying to trim entitlement spending, at least they have a plan. Democrats simply are not stepping up to the plate. If both sides cannot get their act together, our kids and grandkids will despise us, and for good reason.
    Journal Star of Peoria, Ill.
     
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