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?
- Subscribe now!... Get rid of ADs!Support Power Line...VIP MembershipPresentsPower Line
Most Read on Power Line
Subscribe to Power Line by Email
Find us on Facebook
“Arise and take our stand for freedom as in the olden time.” Winston Churchill
“Proclaim Liberty throughout All the land unto All the Inhabitants Thereof.” Inscription on the Liberty Bell