It's an open secret that America's entitlement state is in disarray, and that the United States faces a crushing debt, thanks to programs such as Social Security, Medicare and Medicaid.
But according to Ayn Rand Center fellow Don Watkins, that's not the biggest problem with entitlements. In this 37-minute talk Don explains why no politician of either party has done anything about these massively unfunded entitlements (i.e., $100 Trillion) and explains “What's Really Wrong with Entitlements” and how we can phase them out over a decade or two period.
http://www.youtube.com/watch?v=HVqnsfy26tk&feature=share
The Question & Answer session following this talk can be found at:
http://www.youtube.com/watch?v=2wEZQay-bBA&feature=relmfu
Published on May 29, 2012 by AynRandInstitute
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