Sunday, October 21, 2007

Save The Children


Mark Steyn's newest commentary, The Real War On Children, brings some sense to the recent SCHIP veto.

So what is the best thing America could do "for the children"? Well, it could try not to make the same mistake as most of the rest of the Western world and avoid bequeathing the next generation a system of unsustainable entitlements that turns the entire nation into a giant Ponzi scheme. Most of us understand, for example, that Social Security needs to be "fixed" – or we'll have to raise taxes, or the retirement age, or cut benefits, etc. But, just to get the entitlements debate in perspective, projected public pensions liabilities in the United States are expected to rise by 2040 to about 6.8 percent of our gross domestic product. In Greece, the equivalent figure is 25 percent – that's not a matter of raising taxes or tweaking retirement age; that's total societal collapse.

So what? shrug the voters. Not my problem. I paid my taxes, I want my benefits.

In France, President Sarkozy is proposing a very modest step – that those who retire before the age of 65 should not receive free health care – and the French are up in arms about it. He's being angrily denounced by 53-year-old retirees, a demographic hitherto unknown to functioning societies. You spend your first 25 years being educated, you work for two or three decades, and then you spend a third of a century living off a lavish pension, with the state picking up every health care expense. No society can make that math add up.

And so, in a democratic system today's electors vote to keep the government gravy coming and leave it to tomorrow for "the children" to worry about. That's the real "war on children" – and every time you add a new entitlement to the budget you make it less and less likely they'll win it.

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