Why Are People So Forgiving of Government Failure? - Christopher Westley - Mises Daily

Why Are People So Forgiving of Government Failure? - Christopher Westley - Mises Daily: "However, if you were born in the Eighties you have a problem. The numbers fall off a cliff if you are between 30 and 40 years old today. In only 13% of the possible scenarios you will get what you are currently expecting from SS. If you were born after 1990 you simply have no statistical chance of getting what you are paying for.[10]

Krasting thinks the end result will be age warfare, as younger generations realize they are being forced to pay for the fiscal irresponsibility of previous generations. The youths with whom I come into contact are as mad as hell — at least those who have studied the issue. University of Nottingham economist Kevin Dowd, in a speech to young people about the welfare-state promises for which they will spend the rest of their working lives paying, asked the question, 'Do you want a life of toil and slavery, followed by ultimate destitution, or do you want to stand up for yourselves and fight for the chance of a decent life? It's your choice.'"

"Social Security is a microcosm of politicians' tendency to let short-term political benefits blind them to the economic problems inherent in welfare and warfare programs."