David Brooks Has A Message for Old People
The bottom line is Shut up and Die. Or maybe just "F*** Off!"
Remember that scam where Reagan and Greenspan had everybody paying extra for Social Security and Medicare for 35 years so that they would exist when we got old? Well, Reagan and the Bushes spent it on wars, tax cuts for the rich, and missile defenses that never work, so its all gone. Don't expect any of it back.
Far from serving the young, the old are now taking from them. First, they are taking money. According to Julia Isaacs of the Brookings Institution, the federal government now spends $7 on the elderly for each $1 it spends on children.
Second, they are taking freedom. In 2009, for the first time in American history, every single penny of federal tax revenue went to pay for mandatory spending programs, according to Eugene Steuerle of the Urban Institute. As more money goes to pay off promises made mostly to the old, the young have less control.
Third, they are taking opportunity. For decades, federal spending has hovered around 20 percent of G.D.P. By 2019, it is forecast to be at 25 percent and rising. The higher tax rates implied by that spending will mean less growth and fewer opportunities. Already, pension costs in many states are squeezing education spending.
Or maybe it's just "So Long Suckers."
For four decades the Republican Party and the CLub for Growth and all the other right wing stink tanks have labored to bankrupt the country to the point where Social Security and Medicare will be destroyed. They have nearly succeeded.
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