False arguments prevail in the wake of propaganda.
Pitting the young against the old is not a productive way to look at national fiscal problems.
The belief that Social Security, Medicare, Medicaid are the main source of our fiscal problems is false. The real elephant on the table is the Pentagon budget. We spend approximately $700 billion in that category – a holdover from the end of World War II. The Pentagon budget has put Great Britain and Europe on a military welfare program. This was necessary in 1945 but now has made those nations dependant on us allowing them to reduce their military budgets.
The time is now to end that dependency. We need to close many, many bases.
Continuing to move the goalpost of retirement by raising the age limit is a false argument. Longevity is increasing, but many have had a work life that has wrecked their bodies and may not live to receive Social Security if we keep moving the goalpost.
Yes, we spend too little on the young but that is not because seniors get too much. It is because legislators keep cutting programs for the young and blaming it on seniors.
Fiscal responsibility is not a competition between young and old. In fact, according to New York Times columnist Paul Krugman, seniors should get higher cost of living adjustments. This would be possible if the Pentagon budget was on the table. Time to move away from propaganda and think seriously about where the money leaks really are.