FauxPolitik

Monday, November 18, 2002

Reich for entitlement reform? I didn't think Robert Reich was offering much protein in last week's Slate debate (Joe Klein was eating his paleoliberal lunch), but I was jolted awake by his Friday post. He cuts right to the chase.

Over the next two decades, the Greatest Generation's elderly will be replaced by old boomers, who'll be the largest, noisiest, and most demanding political constituency in American history—you and I among them. Tens of millions of boomer bodies all will be corroding. If you think prescription drug coverage is a big deal now, wait until medical science promises boomers we can look young and have sex like rabbits and party until we drop. Across the land there'll be outcroppings of "Med-Meds" for boomer geezers—think of Club Meds combined with medical facilities. Snorkeling all morning; extra oxygen in the afternoon. Worse yet, most boomers haven't saved a dime for retirement. All the equity's in their homes. And home prices will take a dive when the boomers all want to sell.

In other words, brace yourself. We'll be lucky if the Dems, as well as Republicans, don't sell out completely to aging boomers.


Thanks, Bob. I couldn't have said it better.

0 Comments:

Post a Comment

<< Home