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News Story
Updated: 10/28/2012 08:01:21AM

US can’t afford social safety nets

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Will George

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The election eve mood is tinged with sadness stemming from well-founded fear that America’s new government is subverting America’s old character. Barack Obama’s agenda is a menu of temptations intended to change the nation’s social norms by making Americans comfortable with the degradation of democracy. This degradation consists of piling up public debt that binds unconsenting future generations to finance current consumption.

So argues Nicholas Eberstadt, an economist and demographer at American Enterprise Institute, in “A Nation of Takers: America’s Entitlement Epidemic.” This booklet could be Mitt Romney’s closing argument.

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