Democrats hope to press the "affordability" issue in this year's midterm election season, but there's one potentially glaring problem for them, as illustrated by our friends at Unleash Prosperity...
[caption id="" align="alignleft" width="668"] Biden Versus Trump on Inflation[/caption]
One of the biggest wins for conservatives in Paul Ryan's newest Path to Prosperity budget proposal is the eventual conversion of Medicare into a defined contribution plan, thus saving taxpayers trillions of dollars in unfunded promises.
For decades, many employees enjoyed defined benefit plans from employers willing to guarantee a specific type of service on a far-off date. Those promises enticed employees to stay with a company and forego larger salary raises for the sake of a later payoff.
But when the number and types of benefits proliferated, employers could not afford to guarantee an endless…