I just had to write after reading your editorial, “If our only options are ‘work indefinitely, live poor or die,’ is it time to riot?” (EBN December 2010), and had to comment.
First, I think those options are fine. The sense of entitlement in this country is out of control. I believe the systems in place are fine. The problem is when all these people who have no money to retire get bailed out by the government, there is no incentive to change. If Grandma and Grandpa (or Mom and Dad) die broke, maybe Junior will save for his retirement. If he gets a handout, why would Junior save?