Over at the New York Times some one asks some questions of the Tea Parties.
I have every confidence that the GOP will take Congress this fall. Do you think the conservative movement, the Tea Party, and the GOP have a mandate to go after the New Deal (i.e. privatize Social Security & Medicare, enact Rep. Paul Ryan's plan, etc.)?A mandate? No. But we do have precedent when it comes to Social Security. Chile. Where privatization is working well.
Granny will not be tossed to the street. The transition will be gradual.But her grand kids are going to have to make it on their own. And the youngsters will be better for it. Their money will get invested. Risky? To be sure. But if you compare that to 100% theft by Congress it doesn't look so bad.
As to the rest? Anything that is unsustainable will not be sustained. So now is the time to start thinking of how to transition out of the unsustainable.