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August 01, 2008

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Ed Bernhart

Gee, should I have voted for Perot? Was he the only one who gets it?

It just seems so intuitive to me that it's good practice not to spend more than you earn. Now we're in for some very painful decisions.

I'm also surprised that with all the business savvy in the Bush Administration they didn't do better scenario planning on the costs. Didn't someone ask about the worst-case cost scenario?

But as the Perot Charts point out, it's Social Security and Medicare that are going to be the big mountains to climb in the next 20 years. We should have listened to Moynihan when he was screaming bloody murder.

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