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The Meltdown of Medicare and Social Security

Law & Liberty
May 29, 2024
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Thomas Savidge in Law & Liberty explains how the U.S. Social Security and Medicare programs are expected to exhaust their reserves in the coming decade while facing tens of trillions of dollars in unfunded future obligations. Savidge warns how a combination of declining birth rates and mismanaged government spending is leading down a path to bankruptcy.

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As it began looking like Javier Milei might actually be elected President of Argentina, more than 100 leading international economists warned that this “far-right” political “wrecking ball” would “cause ‘devastation,’ spike inflation, expand poverty, and unemployment.” But as David Harsanyi relates in the Washington Examiner, Milei has tamed inflation, balanced the budget, shrunk the bureaucracy, deregulated the economy, driven down poverty and repaid billions in U.S. loans. And now, Harsanyi notes, Argentina is starting to boom.

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While looking down on Americans never seems to get old, Ben Shapiro in Jewish World Review demolishes that mindset with a survey of stunning successes that only America could have delivered. In a matter of days, “Americans have watched astronauts push farther into space than any human beings in history, while U.S. forces execute military operations so precise and technologically overwhelming that they look like something written for a Hollywood script.” The crazy part is that such feats are so routine “we barely stop to appreciate it.”

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Javier Milei Makes Fools of the “Experts”

As it began looking like Javier Milei might actually be elected President of Argentina, more than 100 leading international economists warned that this “far-right” political “wrecking ball” would “cause ‘devastation,’ spike inflation, expand poverty, and unemployment.” But as David Harsanyi relates in the Washington Examiner, Milei has tamed inflation, balanced the budget, shrunk the bureaucracy, deregulated the economy, driven down poverty and repaid billions in U.S. loans. And now, Harsanyi notes, Argentina is starting to boom.

Beware the Subversive Sexbots

Compounding problems of increasing social isolation, disintegrating family life and declining fertility is a new threat: the fusion of AI with sex dolls to create at-once ultra-realistic and emotionally empty “AI companions” intended to substitute for real human intimacy. It’s a formula that can – and already does – kill, warn Tim Rosenberger and Vilda Westh Blanc in City Journal. Not surprisingly, teen-agers are most vulnerable to the allure of quick and seemingly consequence-free gratification. In fact, warn the authors, it can be a path straight to suicide.

The Indispensable Country

While looking down on Americans never seems to get old, Ben Shapiro in Jewish World Review demolishes that mindset with a survey of stunning successes that only America could have delivered. In a matter of days, “Americans have watched astronauts push farther into space than any human beings in history, while U.S. forces execute military operations so precise and technologically overwhelming that they look like something written for a Hollywood script.” The crazy part is that such feats are so routine “we barely stop to appreciate it.”

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