5 Feet of Fury

Larry Elder on the debt downgrade — and the real problem in America (audio)

“The problem with this country is that this country has three forms of entitlement programs and they are all on automatic pilot.

Social Security, Medicare and Medicaid.

Even Bill Clinton, right before he was impeached, was about ready to propose privatizing Social Security and they would have gone along with it.

It isn’t that nobody cares about old people, but any commodity, whether its eggs or health care, if you want to make it more accessible, and cheaper, to the widest number of people possible – prices, private sector, competition and capitalism are the best ways of dealing with this.”