More praise for IQ2 US
“It's a real public service to have debates that bring top-tier participants together and add the sizzle of prize fight competition to a discussion of issues of first-order importance.”
- The Atlantic
Grandma's Benefits Imperil Junior's Future
From the Panel
For: Margaret Hoover
- Hoovernomics (but a Different Hoover)
Elizabeth Weingarten, Slate, October 4, 2011
An interview with Fox News Commentator Margaret Hoover: Why she’ll argue for the proposition “Grandma’s benefits imperil Junior’s future.”
- How the GOP Can Win Young Voters
Margaret Hoover, Wall Street Journal, July 22, 2011
Republicans have a golden opportunity to win back millennials by articulating positive and pragmatic solutions to issues that affect them—starting with job creation, spending reform, entitlement reform and education reform.
- Margaret Hoover Talks Politics, Depression Economics: Echoes
Amity Shlaes, Bloomberg, View July 12, 2011
Interview with Margaret Hoover.
For: Mort Zuckerman
- Articles by Mortimer B. Zuckerman
U.S. News & World Report, March 17, 2011
Read Mortimer B. Zuckerman’s opinion pieces at U.S. News & World Report.
- Obama and the “Competency Crisis”
Mortimer B. Zuckerman, Wall Street Journal, August 25, 2011
It is the president's job to offer a coherent program for the twin threats of a static economy and an unsustainable explosion of our debts and deficits.
- Tax Hikes, Fewer Benefits Key to Federal Deficit Crisis Fix
Mort Zuckerman, U.S. News & World Report, November 19, 2010
To climb out of the fiscal hole, there must be hard compromises from everyone on the political spectrum. Conservatives will have to accept tax increases and defense cuts, and liberals will have to accept the reduction of entitlement benefits.
- Political Leaders Must Deal With the National Debt or Future Generations Will Pay
Mort Zuckerman, U.S. News & World Report, March 5, 2010
America’s financial crisis is only getting worse as more people draw from the entitlement pool and taxes remain low for higher earners. Reducing benefits, reforming eligibility for entitlement programs, and raising taxes are necessary to shrink our massive debt.
Against: Howard Dean
- Leave Grandma Alone
Elizabeth Weingarten, Slate, September 27, 2011
An interview with former DNC Chairman Howard Dean: Why he'll argue against the proposition "Grandma's benefits imperil Junior's future" at the Oct. 4 Slate/Intelligence Squared U.S. debate.
- Howard Dean: Political Pain of Debt Talks
The Last Word with Lawrence O’Donnell, July 7, 2011
Congress can make major reductions to the national deficit without cutting benefits provided by Social Security, Medicare, and Medicaid. Reforming the payment system for the nation’s health care can result in major savings without interrupting service to beneficiaries.
Against: Jeff Madrick
- Stop Obsessing Over Entitlement Reform
Elizabeth Weingarten, Slate, September 28, 2011
Why Jeff Madrick will argue against the proposition "Grandma's benefits imperil Junior's future" at the Oct. 4 Slate/Intelligence Squared U.S. debate.
- The Big Lie About Social Security
Jeff Madrick, NYRblog, New York Review of Books, October 29, 2010
In the next three decades, Social Security as a percent of GDP will rise from 5 to 6 percent and stay at that level for decades after that. Despite that modest increase, deficits hawks continue to attack the program and retirees will pay the price.
- How Can the Economy Recover?
Jeff Madrick, New York Review of Books, December 23, 2010
What is rarely recognized is that even if the US can emerge from a weak economy within a few years, the economic foundation that existed before the cataclysm of 2007 and 2008 may not be adequate to restore the widely shared prosperity the US needs.
- Budget Fallacies: Why the Ryan Plan Won’t Work
Jeff Madrick, New York Review of Books, April 19, 2011
Congressman Paul Ryan claims his budget would improve our health care system, but it would increase costs for seniors while reducing benefits. In addition, it would dramatically slow down America’s economic growth.
Articles For & Against
For the Motion
- Generational Balance, Not Budget Balance
Laurence Kotlikoff, Bloomberg, August 2, 2011
If we keep raising successive generations’ lifetime net tax rates, we will eventually be hitting up our progeny for every penny they earn.
- A National Debt of $14 Trillion? Try $211 Trillion
Laurence Kotlikoff on All Things Considered
Add up all the promises that have been made for spending obligations, including defense expenditures, and subtract all the taxes that we expect to collect—the difference is $211 trillion.
- How the Budget Deficit Could Lead to Generational Warfare
Philip Moeller, U.S. News & World Report, April 18, 2011
Future battles over government spending and budget deficits may include a divisive fight between generations over who should pick up the tab for baby boomer retirement and medical expenses.
- Bankrupt: Entitlements and the Federal Budget
Michael D. Tanner, Cato Institute March 28, 2011
If one considers the unfunded liabilities of programs such as Medicare and Social Security, the true national debt could run as high as $119.5 trillion.
- Entitlements: Not Just a Health Care Problem
Andrew G. Biggs, American Enterprise Institute, August 2008
Spending on the government’s three main entitlement programs—Social Security, Medicare, and Medicaid—is projected to rise significantly in coming decades. If left unaddressed, these increases put the government’s budget and the American economy at risk.
- Attention: Deficit
Isabel V. Sawhill, Greg Anrig, Democracy September 8, 2010
Isabel Sawhill and Greg Anrig of the Century Foundation debate whether progressives should embrace entitlement reform or look elsewhere to narrow the fiscal gap.
Against the Motion
- Austerity: The False Cure
Greg Anrig, American Prospect, November 3, 2010
The blame for the federal government’s fiscal condition is routinely assigned to “entitlements”—the nation’s three major social-insurance programs of Social Security, Medicare, and Medicaid. But that accusation is misleading on several levels.
- A Moral Assessment of the Attack on Social Safety Nets
Amitai Etzioni, Dissent, February 18, 2011
Both legislators and media mavens argue that cutting into the social safety net is not merely necessary to reduce the deficit, but that it is inevitable. This fails to hold up—mathematically, morally, and politically.
- No Need to Talk About Taking an Ax to Safety Net for the Poor
Comments by Dean Baker, Brookings Institution Forum
First and foremost there is no real deficit problem and therefore there is no reason to talk about taking an ax to the country’s already weak safety net for the poor.
- Critics Still Wrong on What’s Driving Deficits in coming Years
Kathy Ruffing and James Horney, Center on Budget Policy Priorities, June 28, 2010
Together with the economic downturn, the Bush tax cuts and the wars in Afghanistan and Iraq explain virtually the entire deficit over the next ten years.
- What’s Needed is Health Care Reform, Not an Entitlements Commission
Monique Morrissey, Economic Policy Institute, February 20, 2009
With Americans facing 401(k) balances that have dropped by 30% or more, scheduled Social Security benefit cuts, and rising medical expenses, the focus should be on whether we are devoting enough resources to social insurance programs, not too many.
- The Safety Net Frays: Morally and Economically, It’s Wrong for Federal Budget Makers to Go After the Poor
Elizabeth Palmberg, Sojourners Magazine, July 2011
The House of Representatives' budget, which would cut Medicare, Medicaid, food stamps, foreign food aid, health-care reform, and unemployment benefits -- while sparing military spending and giving tax breaks to wealthy corporations and individuals -- would be a moral disaster for every American.