Tuesday, February 16, 2010

Will Greece's economic troubles soon foreshadow the United States' own problems?

Though we do not have precisely the same problems, we do have a similar level of political paralysis and a similar level of partisanship. It is not possible to reform U.S. Social Security: President Bush tried halfheartedly and gave up before he started. It may not be possible to reform health care, either: Hillary Clinton failed, and President Obama, despite throwing in expensive sweeteners, may well fail. The influence of lobbyists cannot be reduced. The power of interest groups to influence legislation cannot be tamed.

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