Publication Date: September 2008
Publisher: Tax Policy Center
Author(s): Rudolph G. Penner
Research Area: Economics
Keywords: Elderly; Economy; Federal Budgets & Fiscal Policy; Retirement/Pensions
Pittsburgh Post-Gazette op-ed, September 28, 2008. The current financial crisis poses a severe threat to the economy, but it also creates a tremendous opportunity, writes Rudolph Penner in the Pittsburgh Post-Gazette. It gives politicians cover for undertaking painful actions to get the long-run deficit under control-actions that should have been taken long ago.