Wealth Transfers to the Elderly are a Problem
This is a problem hiding in plain sight.
Neither party wants to address it, instead they each invoke different boogey men. "Government Fraud or Billionares Not Paying Taxes"
Will get worse as the population ages.
Quotes
https://marginalrevolution.com/marginalrevolution/2026/03/demonic-policies.html
"Nobody’s saying things have been going great in America over the past quarter century.
Instead, the right is obsessed with the idea that mysterious forces of fraud have run off with all the money, while the left has convinced itself that billionaires aren’t paying any taxes.
But it’s not some huge secret why it seems like the government keeps spending and spending without us getting any amazing new public services — it’s transfers to the elderly."