George Will Blames Social Security for Today's Soaring Interest Rates and Hyperinflation

I know that no one reads the Washington Post's opinion pages for their insights on economic issues, but can't we hope for at least some connection with reality. In his column today warning that productivity growth is likely to be weak forever more, George Will told readers:

"America’s entitlement state is buckling beneath the pressure of an aging population retiring into Social Security and Medicare during chronically slow economic growth."

The entitlement state is "buckling." If we tried to...