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I agree with everything you have said on this thread. But the deeper problem is this: even Ronald Reagan (or any other great, natural-born charismatic leader) on his best day would get trounced in an election if he told the American people: 1) the depth of our structural problems and 2) what would be required to fix these problems. The days when a simple depression could purge the excesses, imbalances, and bad debt from the system, are over. It is now a global problem, and one which would require societal changes which just aren’t going to happen politically (they will happen, but through systemic collapse, not the political process).

Kicking the can further down the road, is unfortunately the only politically realistic “solution”.

(they will happen, but through systemic collapse, not the political process). Kicking the can further down the road, is unfortunately the only politically realistic “solution”.

Though I hold out hope this is not true, it does seem to be the inescapable conclusion.

These programs will likely collapse eventually, the question is who will be around when the reform, restructuring and curtailment happen. The Democrats and their media cheerleaders are probably aware of this and in an effort to hold on to power at all costs will simply demagogue the whole thing so they retain the reigns of power now and when the time comes that dealing with this stuff is no longer an option.

Republicans, particularly considering the loss of NY 26, are probably coming to the same conclusion. Obama and the media set the trap and I suppose the GOP walked into it. Republicans took the bait and it appears to have blown up on them. A media that claimed it was time for "adults in the room" to stand up and talk entitlement reform instantly turned on them. Hussein did the same, even inviting Ryan to be present when he rolled out the Democrat medi-scare strategy. Politically speaking, the Republicans may have to just let the entitlement programs blow up and hope they are the ones standing when it comes time repair the damage. These programs are as much, perhaps more, of a third rail today as they've always been. Americans are absolutely wedded to the social welfare state and simply won't hear of changing it.

"Kicking the can further down the road, is unfortunately the only politically realistic “solution”."

I agree.

It is already to late to try to fix these problems. We've passed the point of no return...we're going to have very serious problems.

The fix would produce the same results as an out & out collapse.

Rioting in the streets..maybe worse.

Prepare now the best you can