Accession Number: 1974:0056:0857
Maker: William M. Vander Weyde (American 1871–1929)
Title: Edward Everett Hale
Date: ca. 1900
Medium: negative, gelatin on glass
Dimensions: 8.5 x 6.5 inches
George Eastman House Collection
General – information about the George Eastman House Photography Collection is available at http://bitly.com/1GWwaVA.
For information on obtaining reproductions go to: http://bitly.com/1GWwaVC.
via Flickr http://flic.kr/p/5nDdt4
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Why are we in this debt fix? It’s the elderly, stupid.
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It’s the elderly, stupid.
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By now, it’s obvious that we need to rewrite the social contract that, over the past half-century, has transformed the federal government’s main task into transferring income from workers to retirees. In 1960, national defense was the government’s main job; it constituted 52 percent of federal outlays. In 2011 — even with two wars — it is 20 percent and falling. Meanwhile, Social Security, Medicare, Medicaid and other retiree programs constitute roughly half of non-interest federal spending.
Read more at www.washingtonpost.com |
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