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Author: TheDope1 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1963130  
Subject: Simpson/Bowles on CNBC going off... Date: 11/15/2012 4:49 PM
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...right now on anybody who says we can't touch entitlements *cough*Harry Reid*cough*. Simpson also stressed how health care spending isn't the problem. We spend 2x what other nations spend and don't get 2x the outcomes.

He mentioned tort reform and a litany of other things that need to be done. But they saved most of their venom for not doing anything about Social Security. Bowles said fine, don't do anything today at all. Then don't cry when you draw a check in 25 years that's 25% less than it is today.
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