FROM Nancy Altman
Is the US Facing Generational Warfare? The Obama and Romney campaigns are battling over Medicare and, less openly, the so-called "Third Rail of Politics:" Social Security . In 1940, there were 159 workers for every elderly recipient of Social Security, plenty of younger people to pay benefits for the old. An aging population has radically changed that. Now, those 159 workers have dwindled to only three, and they're paying for their parents' Medicare and Social Security. In the meantime, the elderly have become better off than their children and grandchildren. Is this a recipe for generational warfare? Is there a need to reform the social programs before it's too late?
What President Obama Could Learn from FDR "The bill opens the door and invites the entrance into the political field of a power so vast, so powerful as to threaten the integrity of our institutions and to pull the pillars of the temple down upon the heads of our descendents." Not an attack on healthcare reform , it's what a New York congressman said 75 years ago about Social Security . President Roosevelt's proposal was branded as one that would establish a government bureaucracy that would drive private insurance companies out of business. Is there a lesson here for President Obama? Nancy Altman is author of The Battle for Social Security : From FDR's Vision to Bush's Gamble.
Janesville and the American Dream Janesville, Wisconsin is the hometown of Republican House Speaker Paul Ryan. But he couldn’t prevent the closing of the General Motors factory after 100 years. On this Memorial Day rebroadcast of To the Point, we hear what’s happened to what once was a model of American middle-class unity.
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.