The WSJ's Kimberly Strassel hit the nail on the head in her column this morning. With his selection of Paul Ryan as running mate, Mitt Romney has an opportunity to change the debate about the future of "entitlements."
The Demagogues... er... Democrats will screech that the devil Romney/Ryan ticket will steal your Medicare savings and give them to their rich fat-cat Wall Street friends.
The Romney/Ryan campaign will be judged by the electorate on how well it hammers home the twin messages that Obama seeks to remain on the track that leads over the cliff in ten years, and that maintaining Medicare and other middle class entitlements at the current planned levels can only be paid for by job-killing middle class taxes.
On the Obama plan, we all will have less. The elderly will have their health care rationed as more physicians refuse to take the prescribed payments. With higher taxes, the middle-aged and young will have less incentive to produce the necessary goods and services to trade to the health care sector to meet the needs of our aging society.
As usual, central planning assures its own failure, and fails to plan for it!
