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What is it that everyone agrees to while also finding valid reasons to be against? The answer to this riddle is the U.S. government and its entitlements.
These are Social Security, Medicare and Medicaid, plus a large number of other entitlements often of questionable value. It boils down to those who directly benefit from these programs and those who see themselves paying for them. What can also be a source of paying for this government largess is deficit spending.
A way out of this dilemma is found in the theories of Lord Keynes. He maintained that government cannot owe itself whatever it borrowed in the first place. On this premise, we fought World War II. Now we owe (or don't owe) a staggering amount — in the trillions.
