Sorry, Kids. We Ate It All.
By THOMAS L. FRIEDMAN
▻http://www.nytimes.com/2013/10/16/opinion/friedman-sorry-kids-we-ate-it-all.html
Sorry Kids, Thomas Friedman Is Not Very Good at Economics
▻http://www.cepr.net/index.php/blogs/beat-the-press/sorry-kids-thomas-friedman-is-not-very-good-at-economics
... kids, Thomas Friedman unfortunately may have misled you. There is no reason to worry about your parents or grandparents Social Security and Medicare putting you in poverty. The real problem is the money being redistributed from your parents, grandparents, and quite possibly you, to Wall Street traders, private equity barons, CEOs, drug companies, doctors, and others who are masters at gaming the system.