‘We’re going to have to take on entitlements, and I think we’ve got to do it quickly. We’re going to have a lot of work to do, so I can’t guarantee that we’re going to do it in the next two years, but I’d like to do it in my first term as president.”
That was candidate Barack Obama back in October of 2008, responding to a question from Tom Brokaw about how soon Obama would, if elected, move to reform entitlement programs, which Brokaw described as “a big ticking time bomb that will eat us up maybe even more than the mortgage crisis.” (Funny how this sense of urgency has all but evaporated in the mainstream media.)
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