Monday, June 17, 2013
A famous experiment first done by researchers in the 1960's presented a marshmallow to four-year-olds. They were told they could eat it now, or wait 15 minutes and get a second marshmallow. Follow up studies of these children discovered that those who were able to wait were much more successful at school and work. Turns out having the ability to delay your reward is a great personality trait.
It is clear that today's voters have flunked the marshmallow test. When it comes to Social Security and Medicare, we not only want both marshmallows now, we want the marshmallows of our children and grandchildren. As other posts in this blog have pointed out (The Well,
Get Ready To Pull Your Hair Out - How Social Security Got Started,
Deficits - Not a Family Value), the Social Security and Medicare programs are grossly underfunded to cover the promised payouts. The Federal Government refuses to match income with expenses for these popular program, so the only way they can work is to take away from future generations. Children and the unborn can't vote, so it is a great system for politicians who will be dead before these future generations can do anything about it.
For the sake of our children and grandchildren, it is up to us to ALWAYS vote for candidates that refuse to continue this fiscal immorality. It is clear that current crop of Democrats and even many Republicans are not capable to fixing Social Security and Medicare. Where is a disciplined four-year-old when you need one?