Interest Payments on the Debt Have Fallen to 0.8 Percent of GDP, So WaPo Wants to Cut Social Security and Medicare

Both parts of the that headline are true, although the Post did not connect them in exactly this way. It's editorial instead highlighted the debt-to-GDP ratio, trying to hide from readers the fact that the real burden of the debt is near a post-World War II low.

This is a classic case of the ends justifying the means. The end here is to cut the Social Security and Medicare benefits of middle income retirees. The Post sees this as the obvious policy option to pursue in a context where there ha...

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Published on August 27, 2016 00:29
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