In response to:

Entitlement Reforms

germeten Wrote: Sep 03, 2012 11:27 AM
The money can be printed as needed but bankers and businessmen don't like that because this is really about competition (curs at the trough) by private interests for public funds; and just when we hear that the national debt of $16 Trillion is caused by entitlements to poor people, we learn this: Of course an equal amount of currency must be removed from the economy to keep the value up. Trillions for bankers, austerity measures for the American people.

For those of us who like to believe that human beings are rational, trying to explain what happens in politics can be a real challenge.

For example, that segment of the population that has the least to fear from a reform of Medicare or Social Security is the most fearful -- namely, those already receiving Medicare or Social Security benefits.

It is understandable that people heavily dependent on these programs would fear losing their benefits, especially after a lifetime of paying into these programs. But nobody in his right mind has even proposed taking away the...