Posted by John
As I wrote here, the central purpose of our federal government, as defined by the manner in which it spends money, is to transfer wealth from the young and the middle-aged to the elderly. This is, at best, an odd vision of the purpose of government. I am not aware of any political theorist or politician who has ever advocated it--openly, anyway.
But, as AARP reminds us, this transfer of trillions of dollars in wealth is not just odd but perverse, since the elderly are already the wealthiest segment of our society:
Given the current debate over the federal budget (or lack thereof), wouldn't it be nice to see someone try to defend the principal de facto purpose of our government?
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