Saturday, October 19, 2013

Generational Theft

Article Link

from the article:
. . .while today's 65-year-olds will receive on average net lifetime benefits of $327,400, children born now will suffer net lifetime losses of $420,600 as they struggle to pay the bills of aging Americans.

Source: James Freeman, "Stanley Druckenmiller: How Washington Really Redistributes Income," The Wall Street Journal, October 19, 2013

No comments:

Post a Comment