Obstacle to Deficit Cutting: A Nation on Entitlements
http://online.wsj.com/article/SB1000..._WSJ_US_News_5
Good article. Short concise history of entitlements. This article really underscores my point earlier. The solution is either raise taxes or cut benefits. How about a more effective system? In a competitive industry, I'll try to make more widgets than you. Then you innovate and make more than me. That's call productivity / innovation. Oops, there is no competition; hence no incentive to improve productivity.