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Temporary Assistance for Needy Families

Our runaway spending on the elderly

Our runaway spending on the elderly

A recent Congressional Budget Office report, “The 2015 Long-Term Budget Outlook,” reminds us that the federal government is slowly becoming an agency for taking care of the elderly. Almost everything else is being crowded out. We ignored that during the Obama presidency, and now it seems that the fledgling presidential campaign may do likewise. Hillary Clinton and other Democrats plug fairer economic growth. Jeb Bush and other Republicans are more forthcoming (they talk about raising Social Security’s eligibility age) but concentrate their rhetoric on creating faster economic growth. Government’s central reality has gone missing. There’s a bipartisan triumph...