No, it is not. We can't pay for the current stable of senior benefits in the future. We have no business adding a new one. But Bush doesn't care. He'd rather screw folks come 2017 than confront the issue now.
I absolutely agree with you.
But the reality is that as long as seniors vote and at times determine elections, politicians will pander to them.
Just like I would be up in arms if someone said after 2020, no more social security. I have paid too long into this system to be shut out.
Where you and I differ is that you put 100% of the blame on the President. It doesn't belong there. It belongs with the House and Senate.