Thursday, February 17, 2011

Video clip of the day

Here's New Jersey Governor, Chris Christie, at the American Enterprise Institute yesterday addressing the subject of Social Security reform.

As one can readily see, entitlement spending makes up the lion's share of the budget and until meaningful Social Security and Medicare reform are addressed, we're all just nibbling at the margins to negligible effect.

The President abdicated any real leadership in his budget proposal to that end so it's going to have to fall to the party that tried to address it six years ago and got clobbered for their troubles. To be fair, it was President Bush who offered up some modest proposals like privatizing up to 10% of one's Social Security account which was viewed as a violation of some sacred public trust by the left and very tepidly even by many in his own party.

Christie says time's are different. Maybe they are. We have seen now the Greece fires raging in Europe and the imminent implosions of state budgets stateside because of unsustainable future obligations. We need leadership but we also need to accept the pain that will be required to set ourselves on a sustainable path.

H/T: Hot Air and Left Coast Rebel

1 comment:

SarahB said...

I can't help it, I love him. And I think he's right, times have changed and it's now or burn on cutting entitlements.