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You might tell hundreds of millions of voters that the soft debt is not real. Voters will reject any meaningful entitlement reform until a catastrophe occurs. Even then, it is not clear if a catastrophe will prompt reform. The Democrats plan for reform involves soaking the rich and taking away entitlement benefits from the rich. Not much will be gained from eliminating entitlement benefits from the rich. Confiscatory tax rates will backfire leading to economic decline and lower tax revenues.

Entitlement spending contains a hidden trap for inflation induced debt control. Entitlement spending will grow with inflation so we cannot inflate our way out of debt.

The Democrat fall back provision is stealth of private retirement accounts. Democrats know that real money is locked in these accounts. As John Dillinger once said, rob the banks because that is where the real money is stored.

"Entitlement spending contains a hidden trap for inflation induced debt control. "

A supposed big part of welfare reform under Newt and Klinton was "welfare to work". Payments were reduced and term limited, training and job placement were emphasized.

I see that in California "welfare to work" is eliminated under Schwartzies budget as too expensive.

Not sure how exactly that is proposed. Perhaps the payments continue and the social/civil service workers administering it are eliminated, cause the work/training part sure isn't working.

yitbos

You might tell hundreds of millions of voters that the soft debt is not real. Voters will reject any meaningful entitlement reform until a catastrophe occurs. Even then, it is not clear if a catastrophe will prompt reform. The Democrats plan for reform involves soaking the rich and taking away entitlement benefits from the rich. Not much will be gained from eliminating entitlement benefits from the rich. Confiscatory tax rates will backfire leading to economic decline and lower tax revenues.

Entitlement spending contains a hidden trap for inflation induced debt control. Entitlement spending will grow with inflation so we cannot inflate our way out of debt.

The Democrat fall back provision is stealth of private retirement accounts. Democrats know that real money is locked in these accounts. As John Dillinger once said, rob the banks because that is where the real money is stored.

The fact is that, most of your sentences above will be over the head of most voters, especially democrats.

To at least half the population, though they may understand the words "debt" and "deficit", they aren't equipped with enough understanding or knowledge to understand how the government debt and deficits relate to their lives. And to a lot of them, the dollar just represents a piece of paper with which they can go to the store and purchase things. They're not equipped to understand that the dollar can lose or gain in value when taken in context with other currencies. To most voters, the dollar has a predefined value and even if the government prints more of it, the value remains the same.

It's very hard to argue against the willfully ignorant and against those that refuse to learn. When money grows on trees, the people could not care less about government deficits and debts.

Entitlement spending contains a hidden trap for inflation induced debt control. Entitlement spending will grow with inflation so we cannot inflate our way out of debt.

Entitlement spending will increase regardless of inflation. 10,000 baby boomers are retiring every day and will continue to do so for the next 20 years. By 2030, one out of every five residents of this country will be 65 or older, twice what it is today. And by 2030 there will be just two workers for every retiree compared to the 3.3 today and the 16 to one ratio in 1950.