Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
What is the public pension insolvency crisis?
A right wing meme straight out of the "Think tanks," the last time I checked.  As J. Edgar Hoover used to say: "The wish is father of the thought." The wealthy conservatives were only too happy to let their budget deficits be papered over by excess contributions to SS and Medicare starting in the early 80s, but now they fear that these programs might start costing them some small pittance.  

I fear that too many of the Democrats are unwilling to take it on because they need contributions from the same people who are financing and benefiting from the work of these "think tanks."  That is why campaign finance reform needs to be rammed through before they start on the really difficult stuff.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Tue Mar 3rd, 2009 at 02:13:03 PM EST
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