by Bruce Webb Andrew Biggs references an editorial from the Charleston SC Post and Courier Advance Entitlements Reform However, President Obama's major entitlement-reform offensive strikes on the Medicare front. He proposed, in his speech to Congress, to deliver "quality, affordable health care for ...

by Bruce Webb In a world where we actually had our priorities straight we wouldn't even be talking about Social Security. The country, the world is sick with fear about our jobs, about keeping our houses, about the plunging values in our 401ks. The LAST thing we need is the Peter G. Petersons fear-m...

Although an admitted Barack Obama supporter during last year's campaign, CNBC's Jim Cramer has certainly changed his view concerning our 44th president. On Tuesday's "Today" show, the outspoken "Mad Money" host said: we have "an agenda in this country now that I would regard...

Paul Ryan is often the smartest man in the room on economic policy. His op-ed in this morning’s WSJ offers abundant justification for that characterization. Here’s his opening shot at the Obama/Pelosi policies: Inheriting countless challenges, Congress and the Obama administration have m...

by Bruce Webb The Treasury Department maintains a handy web application called Debt to the Penny. As the name suggests it will give you total Public Debt to the penny for specific dates in the past or for a range of dates. It is this total Public Debt figure that is generally cited in news coverage,...

The rave reviews from Amreekan liberals of Obama's speech to Congress compelled me to watch it, or as much of it as I could without sinking into a grinning stupor. You don't have to waste your time, as you can read the transcript here . Was it really "electrifying"? Well, of course it was. It was su...

by Bruce Webb Not in any real world sense. And before shaking your head in sorrow at the fact that Bruce seemingly has lost it given the numbers in Table IV.B6.—Unfunded OASDI Obligations for 1935 (Program Inception)Through the Infinite Horizon which clearly show a $4.3 trillion dollar gap over th...

Over and over it’s necessary to demonstrate that Social Security is not in crisis. It’s good as it is until 2040, and after that it can continue to work with minor adjustments. Paul Waldman in the American Prospect : There’s a time-tested way to curry favor with the permanent Washi...

It is time to wipe the term entitlement reform, a monument to the dark art of disinformation, out of the political dictionary. There is no crisis in Social Security, or even in Medicare and Medicaid. READ THE WHOLE ITEM Related Entries February 24, 2009 Harsh Medicine February 24, 2009 Under New Man...

To the displeasure of many on both sides of aisle, President Obama on today is hosting the so-called Fiscal Responsibility Summit at the White House. While some Democrats question the timing of Obama's expenditure of political capital on Social Security, Medicare and other entitlement reform, obstru...