How to Fix Our Fiscal Crisis

What is the single most important thing that can be done to fix the U.S. budget deficit? Harvard economist Jeff Miron says the answer is clear: cut entitlements. Miron explains that as currently structured, the costs of Medicare, Medicaid, and Social Security will continue to grow rapidly, eclipsing all other U.S. spending in the next couple of decades. Miron argues that without making cuts to these programs, there is no hope of getting spending under control.

3 Comments

  1. Matt Wavle

    In your opinion, why are Entitlements the golden calf of almost all politicians?  What can be done in order to make this fix happen?

  2. Brian Phillips

    It’s the same as what the Romans did in trying to win the people over with subsidies of bread and olive oil.  History rhymes and politicians never change.

  3. webber.kelly

    It seems pretty apparent that there needs to be a cut in entitlements… 

    Clearly this is an issue that has options… and the government should focus their attention on resolving this. 

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