Broken Promises

"What we have here, folks, is a conundrum.  There is no respectful way out.  But there are several shameful ways out:
Uncle Sam can drastically cut or cancel its commitments to Social Security and Medicare recipients, and leave them flapping in the wind. Uncle Sam can continue to pile these obligations onto the backs of younger workers via escalating taxes, thus subtracting productive value from the economy and dooming it to a century of declining growth.  Or Uncle Sam can unconditionally trash the currency, inflate it away, while turning the United States into a banana republic – if it’s not already one. Most likely, Uncle Sam will try all three options in order of political expedience."