Youthful Idiots

John Cogan: The Millionaire Retirees Next Door - WSJ.com: "According to my calculations based on government data, such married couples will begin receiving monthly Social Security checks that will, on average, total about $550,000 after inflation. They will receive health-care services paid for by Medicare that, on average, will total another $450,000 after inflation. The benefactors will be a generation of younger workers who are trying to support themselves and their families while paying taxes to finance the rest of government spending."

One of the benefits of our debased educational system is that is has raised multiple generations of suckers to pay for the boomers' retirement. And these patsies vote overwhelmingly for the crooks that are hustling them. I guess if this arrangement were sustainable, you could chock it up to beneficence, but given the totally predictable collapse of this ponzi scheme, you have to conclude they are just "youthful idiots."