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Sunday, April 08, 2007

Bankrupting the future: boomer spending "immoral"

The twin problems of baby boomer retirement and skyrocketing health care costs present a massive challenge to the country. Washington officials realize the problem will hit soon. So why hasn't much been done about it yet.

One man in particular, Comptroller General David Walker, has made it his mission to spread the message and try to make the country's long-term fiscal health a top 2008 campaign issue.

"This is a moral issue," he says. "It's not a numbers issue. ... What's going on is immoral. We are adding to the burdens of future generations at record rates."

"U.S. Watchdog Sees Future Crisis"
Billings Gazette (Montana)

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