Human Events
by Walter Williams

11/02/05

I cringe with disgust when I hear politicians say, 'We're doing it for the children.' What's worse is so many Americans mindlessly fall hook, line and sinker for the hype. Judging by our actions, Americans could not care less for future generations, and future generations will curse us for it. Let's look at it. According to several respected authorities, including the Concord Coalition (co-chaired by former Sens. Warren Rudman and Robert Kerrey), the Congressional Budget Office, U.S. Treasury Secretary John Snow, and the Social Security Administration, the estimated present value of the unfunded liability of Social Security and Medicare ranges between $61 trillion and $75 trillion dollars...

http://www.humaneventsonline.com/article.php?id=10041


Informant: Thomas L. Knapp