Saturday, February 19, 2005

Another Ross Perot?

David Brooks has an interesting idea of a new "Ross Perot" rising out of worry over federal deficits - strange idea, maybe, but he has some interesting points. Some snippets:
There's going to be another Ross Perot, and this time he's going to be younger. There's going to be a millionaire rising out of the country somewhere and he (or she) is going to lead a movement of people who are worried about federal deficits, who are offended by the horrendous burden seniors are placing on the young and who are disgusted by a legislative process that sometimes suggests that the government has lost all capacity for self-control.
[...]
We may as well be blunt about the driving force behind all this. The living and well organized are taking money from the weak and the unborn. Over the past decades we have seen a gigantic transfer of wealth from struggling young families and the next generation to members of the AARP. In 1990, 29 percent of federal spending went to seniors; by 2015 roughly half of all government spending will go to those over 65. This prescription drug measure is just part of that great redistribution.

But what can't last won't last. Before too long, some new sort of leader is going to arise, especially if we fail to reform Social Security this year. He's going to rail against a country that cannot control its appetites. He's going to rail against Republicans who promise to be virtuous - but not just yet. He's going to slam Democrats who loudly jeer at Republican deficits but whose own entitlement proposals would make the situation twice as bad. He's going to crusade against the interest groups who are so ferocious on behalf of their members that they sacrifice the future. [Read here]

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