“Government will do less for you. Companies will do less for you. Unions can do less for you. There will be fewer limits, but also fewer guarantees,” wrote Thomas Friedman in his Tuesday New York Times column, “It’s a 401(k) World.”
I missed this whole debate when it happened. But, as other commentators pointed out, it totally misses the fact that the social welfare states of Northern Europe are thriving. This withering away of the state is not inevitable, only in far too many American political circles.