ROBERT JACOB SAMUELSON

Today’s young workers will have to finance Social Security and Medicare for a rapidly growing cohort of older Americans. Through higher premiums for employer-provided health insurance, they will subsidize care for others. Through higher taxes and fees, they will pay to repair aging infrastructure… and to support public services from schools to police.

Massive Federal Budget Deficits are only the most conspicuous sign of a society that has promised itself more than it could afford.

No society has a boundless capacity to accept newcomers, especially when they are poor and under-nourished.

Massive Federal Budget Deficits are only the most conspicuous sign of a society that has promised itself more than it could afford.

Today’s young workers will have to finance Social Security and Medicare for a rapidly growing cohort of older Americans. Through higher premiums for employer-provided health insurance, they will subsidize care for others. Through higher taxes and fees, they will pay to repair aging infrastructure… and to support public services from schools to police.

No society has a boundless capacity to accept newcomers, especially when they are poor and under-nourished.