Just Do the Math

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“Demographic decline and the unsustainability of the social-democratic state are closely related. In America, politicians upset about the federal deficit like to complain that we’re piling up debts our children and grandchildren will have to pay off. But in Europe the unaffordable entitlements are in even worse shape: there are no kids or grandkids to stick it to” (Mark Steyn, America Alone, p. xviii).

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