Telling The Young To Save

David Von Drehle begs politicans on both sides to get "honest with younger Americans—people 50 and under—and [let] them know that they need to save more of their own money if they want to have the sort of retirement their parents are enjoying":

No matter who is in charge, health care spending is not going to be able to rise indefinitely at twice the rate of inflation. Cost will, inevitably, become “a measure of efficiency,” whether the government applies that discipline directly or through vouchers. Call it rationing, call it “bending the curve”—whatever. It means that some things that would be paid for under the current system will not be paid for in the future. If younger Americans want those things, they will need to have money socked away to pay for them.

I've lived under the assumption for the last ten years that if I make it to retirement, the boomers will have ensured I have no benefits at all. I'm a manic saver as a result.