I think that getting control of this out of control entitlement spending (Social Security, Medicare) before we drive the bus off the demographic cliff is the fiscal challenge facing our generation. Like the War on Terror, it is up to us to face this challenge before it is too late to avoid inter-generational chaos that is sure to come if we fail to act.
"I think that getting control of this out of control entitlement spending (Social Security, Medicare) before we drive the bus off the demographic cliff is the fiscal challenge facing our generation."
I'd think that most who have looked into the two entitlements would agree and the FairTax gives us a funding mechanism that allows us some time to correct the problems. Probably the more critical one is actually M/C.
For my money, both should be eliminated.