Friday, January 16, 2009

"We Have Kicked the Can Down the Road For Too Long"

TW: Obama is absolutely right about Americans, not our government but us as Americans, have kicked the entitlement can down the road. Everyone knows we have over promised on Medicare and Social Security (and government employee pensions as well), but few are willing to confront potential solutions. Many talk about solutions and perhaps that is all Obama will do but I have hopes that he will be the one to actually confront the options and campaign to enact solutions.

From WaPo:
"President-elect Barack Obama will convene a "fiscal responsibility summit" in February designed to bring together a variety of voices on solving the long term problems with the economy and with a special focus on entitlements..."We need to send a signal that we are serious," said Obama of the summit.

Those invited to attend will include Senate Budget Chairman Kent Conrad (N.D.), ranking minority member Judd Gregg (N.H.), the conservative Democratic Blue Dog coalition and a host of outside groups with ideas on the matter, said the president-elect.

...Obama said that he has made clear to his advisers that some of the difficult choices--particularly in regards to entitlement programs like Social Security and Medicare - should be made on his watch. "We've kicked this can down the road and now we are at the end of the road," he said."
http://voices.washingtonpost.com/thefix/2009/01/obama_to_hold_fiscal_responsib.html?wprss=thefix

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