Hey, China, spare a dollar?

The New York Times has a fun – if bleak – interactive budget projection graphic.  If that weren’t reason enough to follow the link, it’s worth thinking about the intergenerational obligations that most critics say are at stake in government deficits.

They worry about whether the America we leave behind will be a fully owned subsidiary of China (to put it hyperbolically).  But as you can see here, we spend a lot of money caring for the older generation, the one that worked hard but is living longer.

In an ideal world, we shouldn’t be forced to choose between the previous generation and the next.  But right now it looks as if we are.  What to do?

-Sam

Related posts:

  1. Google vs. China
  2. Should China have been allowed to host the Olympics?
  3. One cheer for autocracy

February 2, 2010 · Filed Under Sam

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  • Editors

    Jacob Bronsther is a law student at NYU, a former Fulbright Scholar to Mauritius, and a graduate of Cornell University. He has an MPhil in Political Theory from the University of Oxford.

  • Sam Gill is a consultant in Washington and a graduate of the University of Chicago. He studied Political Theory at Oxford as a Rhodes Scholar.

  • Marc Grinberg is a Presidential Management Fellow with the U.S. government and a graduate of Princeton University. He earned an MPhil in Political Theory from the University of Oxford.

  • John Rood is the founder of Next Step Test Preparation and a graduate of Michigan State University. He has an AM in Political Theory from the University of Chicago.

  • Luke Freedman is a student at Carleton College, pursuing a double major in Philosophy and Political Science.


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