More legal immigration also increases the tax base which takes some of the edge off of the burden of entitlement spending on current earners.
And he has made the fiscal burden of entitlement worse by increasing the prescription-drug benefit in the Medicare system again without undertaking meaningful reform.The other problem is social policy.
Unfortunately, in proposing tax increases only for the very rich, President Obama has denied the first of these fiscal truths, while Representative Paul D. Ryan, the chairman of the House Budget Committee, has contradicted the second by putting the entire burden of entitlement reform on the poor.
With the break-up of the euro a possibility, and governments sinking under the burden of unaffordable entitlements as their populations age and the number of workers contracts, those happy notions are evaporating.Shift happensIn the emerging world, meanwhile, they are not arguing about pensions, but building colleges.
"Consider, for example, Stanley Druckenmiller, the billionaire investor, who has lately made a splash with warnings about the burden of our entitlement programs".
Luis argued below that the government should bear the burden of proving its entitlement to an injunction of untainted assets beyond a reasonable doubt, the same standard of proof that will govern her criminal trial and determine whether her assets will ultimately be subject to forfeiture.
When the budget is in order, the country isn't weighed down by the burden of paying down burgeoning entitlements.
There's a risk of a vicious cycle, in which a shrinking working-age population bears the burden of growing old-age entitlements, which in turn discourages precisely the kind of risk-taking and family formation required to keep the system solvent.
Tennis needs someone of his audacity and athleticism but can ill-afford the burden of his juvenile arrogance and sense of entitlement.
He dropped the ace of entitlements!
