I'm reminded that there are fewer "forgotten men" that William Graham Sumner talked about, and the title of Amity Shlaes's wonderful book.
Anyone ready for the entitlement tsunami looming ahead? It's by far our biggest problem.
Boston University Professor Laurence Kotlikoff, who pioneered the concept of generational accounting to project federal tax burdens, calculates that with no change in current law, a child born today would have to pay 84 percent of his or her lifetime income in taxes to finance an entitlement programs and other government spending.
So what are our representatives on Capitol Hill doing about it? Why, proposing to expand entitlements, of course.