Whoever Wins, We’re in for an Age of Austerity
Posted 11/7/2012 10:15:00 AM

America's demographic crisis will stretch our entitlements past the breaking point.

“Are the good times really over for good?” asked Merle Haggard in his 1982 lament.

Then, the good times weren’t over. In fact, they were coming back, with the Reagan recovery, the renewal of the American spirit and the end of a Cold War that had consumed so much of our lives.

Yet whoever wins today, it is hard to be sanguine about the future.

The demographic and economic realities do not permit it.

Read the rest from Patrick Buchanan

Posted By: Paul Stark  

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