Look, I'm a Republican but I'm not even a fan of Romney, even I have to admit he's right on this one.
For a long time our younger generation of Americans have been acting like the gravy train is never going to stop, well it's stopping, alright, and they're going to have to get off. It will be a bitter pill for some, but not as bitter as living in a banana Republic a few years down the line.
You know I may be an old chunk of coal but I know a few things. In the old days we had a guy who had a lot of wild ideas, and he didn't always do what everyone thought was right. And that man's name was Ronald J. Reagan. If he was alive today to see Joe Biden in office he'd be rolling in his grave.
Frankly, young people especially need to learn the value of a dollar and realize what 'cheap' things are really costing them and more importantly, costing America in the long run.
>Sen. Mitt Romney of Utah suggested that he'd favor cutting retirement benefits for younger Americans in a bid to stabilize safety net programs.
>"If we're ever going to get a handle on our debt, we're gonna have to find a way to either increase revenue, which I don't favor, or find a way to adjust our long-term benefits not for current retirees," he said at a Senate Budget Committee hearing on Wednesday, seemingly ruling out any tax hikes.
>"But for younger people coming along, we got to be able to find a way to balance these programs or we're gonna find ourselves in a heap of trouble," he said. He didn't specify which programs, but a pair of safety-net programs that provide benefits to retirees include Social Security and Medicare.
>...Those programs make up around 41% of the government's budget and form a perennial target for conservatives seeking to rein in federal spending.
businessinsider.com
