For Congress, boomer retirement not an issue

The scariest Halloween costume will soon be a Baby Boomer, knocking on a kindergarten door and demanding how the kids will pay for the boomers’ retirement. By 2016, we will have run up another $1.4 trillion in deficits. By 2050, at the rate we’re going, every tax dollar will be needed just to pay for Social Security, Medicare, and Medicaid. It’s a huge burden. The “Greatest Generation” might be replaced by the “selfish generation,” the first in the nation’s history to leave the next generation worse off. The problems are eminently solvable—but only if we begin acting now. The longer we wait, the bigger the burden, and the poorer our grandchildren will be. "Ten Things This Election Should Have Been About" Nieman Watchdog (MA) The "Selfish Generation"--- sort of has a nice ring to it.