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Detailed text transcripts for TV channel - MSNBC - 20121208:02:41:00

don t think we have come close to thinking about what that will mean for our economy or the government or any of it it. the only discussion we have is we re getting older so the entitlement programs will go bankruptcy. when you think about it, what does a mature society value and think about how you want to spend your marginal dollar. 25 maybe you want to buy an extra shot or get a video game system. i feel like you re making the 25-year-olds look a little trivial. if someone says you can spend a dollar to get an extra three months of life, people are going to buy that. and as we e mature as a society, as we get older, those choices are on a social level, we re just going to make more and it s going to be more expensive and we ll have to pay more. there s no way around that. the fundamental challenge of an ageing society, you have more

Detailed text transcripts for TV channel - MSNBC - 20121208:11:41:00

aging process. if there was, i would take it. so there s no way the tax receipts of the 1960s will support the demographics of america in the 2020s or the 2030s. anyone who says otherwise is not taking the reality seriously. joining us is a man who always takes reality seriously. chris hayes. religiously. religiously. so one thing i always think is true in our political discussions is we don t like to face up to big changes. we like to use them as evidence for why whatever policies we support need to happen. but particularly the aging of this society, i don t think we ve come anywhere close to thinking about what that will mean for the economy or the government or any of it it. the only discussion we have is we re getting older so the entitlement programs will go bankruptcy. we have to make cuts. when you think about it, what does a mature society value and how does it want to spend its marginal dollar. think as an individual, how do you want to spend it at 25 and how do you want

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