I Want to Save a Child's Sight!

Friday, January 14, 2005

The British Evasion

Krugman: "We must end Social Security as we know it, the Bush administration says, to meet the fiscal burden of paying benefits to the baby boomers. But the most likely privatization scheme would actually increase the budget deficit until 2050. By then the youngest surviving baby boomer will be 86 years old.
Even then, would we have a sustainable retirement system? Not bloody likely." [NYT]

Herbert: "But the administration is like an ardent lover in its zeal to shower the rich and powerful with every imaginable benefit. So tucked like a gleaming diamond in proposed legislation to curb malpractice lawsuits is a provision that would give an unconscionable degree of protection to firms responsible for drugs or medical devices that turn out to be harmful." [NYT]

Is there no end to the hypocrisy?!?

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