Quote of the Day

"An aging population will eventually (over the course of the next 20 years) cause the cost of paying Social Security benefits to rise from its current 4.8 percent of G.D.P. to about 6 percent of G.D.P. To give you some perspective, that's a significantly smaller increase than the rise in defense spending since 2001, which Washington certainly didn't consider a crisis, or even a reason to rethink some of the Bush tax cuts."—Paul Krugman, with some much-needed, and sure to be ignored, perspective on the OH NOES! SOCIAL SECURITY CRISIS!!!!eleventy!!!1!!, a horrible little bit of alarmism that will almost certainly result in terrible policy, because even lots of Democrats are too craven to stand in defense of the US' most successful social program these days.