SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: CalculatedRisk who wrote (27344)10/6/2004 1:00:08 AM
From: XBrit  Read Replies (2) of 173976
 
<<I oppose Bush. And I am disgusted by Bush's handling of the "peace"... but until we find a way to remove our troops I would like to see them get as much help as possible.>>

It's tough being a moderate. I feel that pain too.

Pete Peterson, in his must-read recent book "Running on Empty", theorizes that the flight to partisanship is part of a huge denial syndrome in the national political life. In his view, there is a huge elephant in the American living room. Which is that our entire future prospects are a lie. We have promised $100-150 trillion in retirement SS/Medicare benefits to the baby boomers (depending on advances in life expectancy), but we can only at the most fund $30 trillion. The boomers don't save, partly as a result of this fake guarantee.

Therefore, this country, over the next 25-40 years, faces a dramatic worsening in its standards of living and hence its position in the world. By 2050 China may well overtake us.

Peterson views the partisan polarisation as one of the ways we create noise and chaos in the present to avoid looking at the future. It' so much easier to attack the oher party (they spend too much, they tax too much) than to recognize that BOTH huge tax increases AND huge entitlement cuts, TOGETHER, are the minimum neeeded to avert a grey ugly twilight for this country.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News