August 20, 2011
OLD WHITE PEOPLE AREN'T GOING TO ATTACK WELFARE FOR OLD WHITE PEOPLE:
The Tea Party's Achilles' Heel: A posture of bold fiscal conservatism simply isn't compatible with timid evasions on Medicare reform. (YUVAL LEVIN AND PETER WEHNER, 8/19/11, WSJ)
[T]he next test, and the real test, for the tea party movement is whether it can channel its energy into entitlement reform--and specifically the reform of Medicare. The reason is simple: Our debt explosion is a health-entitlement explosion. Between now and 2050, according to the Congressional Budget Office, spending on federal health programs--Medicare, Medicaid and the new ObamaCare entitlement--will grow to 13% of gross domestic product from 5.6%, while all other federal spending combined will actually decline as a share of the economy.
The crushing and unprecedented coming debt crisis--which will see the national debt grow to more than twice the size of the economy, strangling our economic future--cannot be averted unless health-care costs are brought under control, and that cannot be done unless the basic structure of the Medicare program is reformed. If we ignore Medicare, we ignore the debt problem.
Unless the tea party movement is willing to step up to the plate on this issue, its members cannot really be considered champions of limited government or defenders of America's future prosperity.
The point of the tea party is to cut elsewhere in order to guarantee funding for the New Deal.
Posted by oj at August 20, 2011 2:12 PM