Robert J. Samuelson – Entitled Selfishness – washingtonpost.com
It’s no secret that the 65-and-over population will double by 2030 (to almost 72 million, or 20 percent of the total population), but hardly anyone wants to face the implications:
? By comparison, other budget issues, including the notorious earmarks, are trivial. In 2005, Social Security, Medicare and Medicaid (the main programs for the elderly) cost $1.034 trillion, twice the amount of defense spending and more than two-fifths of the total federal budget. These programs are projected to equal about three-quarters of the budget by 2030, if it remains constant as a share of national income.
Opportunities for gradual change have been squandered. These public failings are also mirrored privately. I know many bright, politically engaged boomers who can summon vast concern or outrage about global warming, corporate corruption, foreign policy, budget deficits and much more — but somehow, their own Social Security and Medicare benefits rarely come up for discussion or criticism. Older boomers (say, those born by 1955) are the most cynical, hoping their benefits will be grandfathered in when inevitable cuts occur in the future.
What makes a president horribly, immortally bad? Poor luck is not enough. Some of the greatest presidents, such as Abraham Lincoln and Franklin D. Roosevelt, have inherited crises and risen to the occasion. The damage must be largely self-inflicted. And there’s another test: The damage to the nation must be substantial. Minor blunders and petty crimes do not land a president in the rogues’ gallery.
Iran is suffering a staggering decline in revenue from its oil exports, and if the trend continues income could virtually disappear by 2015, according to an analysis released Monday by the National Academy of Sciences.
A man who was being hunted for the murder of a policewoman is understood to have escaped from Britain by disguising himself as a veiled Muslim woman.