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Happy Warrior

Insolvent Snowflakes

by Andrew Stiles

Remember the time (around 2009–12) when America faced “the most predictable economic crisis in this nation’s history”? At least, that’s how then–House Budget Committee chairman Paul Ryan described it in his various “Roadmaps” and “Paths to Prosperity.”

He wasn’t alone. A seemingly endless array of politicians, pundits, and bipartisan commissions warned that by refusing to reform popular (yet fiscally unsustainable) entitlement programs such as Social Security and Medicare, our nation’s leaders were (Ryan’s words again) jeopardizing “the distinctly American legacy of leaving the next generation better off.”

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