Why the economy is like global warming

Environmentalists speak of greenhouse gasses and the fact that even if we quit all emissions right now, the effect of what has been already introduced into the atmosphere will have consequences well into the future for climate anyway.   The same model applies to the current state of the economy and financial problems in the U.S.   We as a country have introduced policies and have been tied to programs that will place enormous financial pressures on the future generations to bear.   Entitlement programs like social security and medicare consume more and more of the budget every year and will soon be bankrupt unless taxes are raised or benefits reduced.    Pensions of citizens working for private corporations are being eliminated and frozen putting the retirement savings of the average person into the whims of the financial market and most certainly less income at retirement.   Meanwhile, government and state employees still have protected pensions which are being funded by the taxpayers who enjoy no such retirement programs because their respective companies have eliminated those programs.   In addition to entitlement programs, spending by the government for the Iraqi war is pushing the national deficit to new record levels over 9 trillion dollars.   One can only conclude that future generations of Americans will not only face a climate disaster, but a fiscal one as well.  Current and future generations most certainly will see a reduction in the quality of life that no one likes to think about.     It may mean a large part of the population will see such reduced benefits and savings that they will never even be able to consider the possibility of retirement at all and will have to work their entire lives for an ever shrinking way of life because of inflation.