A week from today Obama will convene a fiscal responsibility summit in Washington designed to examine entitlement reform.In addition to an eventual tax hike, addressing the issues of Social Security and Medicare are part of a series of bitter pills the American public are going to have to swallow over the coming decade if our country has any hope of putting its financial house back in order.
How nice to have a president ready to tackle these problems. The questions now are: Will congress follow his lead? And, will the American public be able to stomach the fix?
When it comes right down to it, if we are to keep ourselves from economic oblivion, they'll have to.
