His arguments are based on some unproven assumptions. First, lower taxes do not lead to an improved economy. Ireland has one of the lowest corporate tax rates in Europe, and much lower than the U.S. But its economy is in deep trouble. Higher taxes do not depress the economy. Taxes on high wage earners were high during the post-WW II era and it was a boom time. Ditto for the Clinton era. And, though he's right that there are a lot of baby boomers approaching retirement, that's not really the problem. The problem is that the government has borrowed the money we paid in during our working years to finance the federal deficit. Remember Al Gore and his lockbox? Everybody laughed. But he was right.

I'm not sure it's particularly insightful or informative, but probably should be read to see where some current economic thinkers are going. I'm not sure I totally trust his figures, One problem is that he lumps Medicaid, a program providing medical care for low income people with Medicare, the program for the elderly. And he does not deal with the massive annual increases in health care costs that affect everyone.

As opinion, it succeeds in presenting a point of view, which although gives the impression of balance leans in favor of a more conservative view point.