Congress isn’t going to address the deficit anytime soon — and voters are focused on culture wars while the real crisis builds.
Real fiscal reform won’t happen until the crisis becomes tangible, likely in 2032, when the Social Security Trust Fund runs out of money and benefits face a 25-30% automatic cut. Only when it hits people’s wallets will fiscal restraint finally become politically unavoidable.
This is the crisis almost nobody is talking about — but everyone will feel.
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