Austan Goolsbee, former chair of the president’s council of economic advisors, says we have to deal with the aging global population. Goolsbee explains the kind of plan the U.S. needs to deal with an increased number of retirees, and it’s very similar to Obama’s ideas and leagues away from Romney’s. “If you put to the American people, do you want to go crush Social Security and Medicare in order to pay for some deficit reduction and a whole lot of high income tax cuts, I don’t see anyone being for that.”
