Perhaps I'm not the only one:
"But the Fannie fiasco matters for a less-obvious reason. There are other accidents waiting to happen in the social entitlements whose costs also will jeopardize U.S. long-term growth. Social Security and Fannie aren't often spoken of in the same breath – as programs go, we associate Social Security with the swinging-and-60-plus crowd, not the Swinging '60s."
"What Social Security and Fannie have in common is that both have lived important segments of their lives off-budget. Tax increases are likely to pay for Fannie and Freddie. These increases will remind voters that being off-budget doesn't mean a program won't eventually penalize the taxpayer. Burned by Fannie, voters may get ready for entitlement reform."
It's past time to stop the whining against Social Security reform and get on with it.
