The Right Coast

Editor: Thomas A. Smith
University of San Diego
School of Law

A Member of the Law Professor Blogs Network

Sunday, November 25, 2012

Jenkins: None Dare Call It Default -

One way or another, then, entitlements will be cut. Don't call it default. The correct term is entitlement reform.


I wish there was some way to opt out and take my savings with me.--TS

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None of your savings are there to "take out." All the past tax money has been spent. The "trust fund" is just a record of the past spending plus a promise that the government won't stop.

Posted by: Alan Gunn | Nov 26, 2012 8:49:31 AM