"Let no freedom be allowed to novelty, because it is not fitting that any addition should be made to antiquity. Let not the clear faith and belief of our forefathers be fouled by any muddy admixture." -- Pope Sixtus III
What we ended up doing is setting up a system whereby we did cut by $1.2 trillion upfront, the deficit over the next 10 years. And we set up a group of senators that have to come up with another $1.2 to $1.7 trillion in savings or automatically there will be cuts that go into effect in January to get those savings. So the savings will be accomplished. But as I was talking to some of your leaders, you share a similar concern here in China. You have no safety net. Your policy has been one which I fully understand -- I’m not second-guessing -- of one child per family. The result being that you’re in a position where one wage earner will be taking care of four retired people. Not sustainable. So hopefully we can act in a way on a problem that's much less severe than yours, and maybe we can learn together from how we can do that.
It's perfectly understandable that you let the government tell you how many children you could have if that helps get the debt under control, right? Republicans better get together and compromise on the president's grand bargain sometime soon, or else.
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