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December 07, 2010


These fallacious arguments are necessary because it is politically unfeasible for most politicians to go after the true spending problems: Boomers (medicare, social security) and defense.

It is a general axiom in the US that young people are liberal and old people are conservative. This has a lot to do, I think, with the influence of our teachers.

But if the old start to pull our economy down, could this trend reverse?

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