Kerry Thornley: Alms for the Aged!
Tags HealthMonetary Theory
Opponents of Social Security and Medicare are often unthinkingly accused of cruelty to old people. A good answer to any such charge may be given in the form of a proposal for legislation — namely, that when an individual reaches the age of 65 the government refund to him, in lump sum and with interest, every cent it has taken from him through taxation during his lifetime. In addition to correctly fixing the blame for the poverty which many old people suffer in this society, this program has the advantage of exposing the welfare statists for the pikers they really are.
Volume 3, Number 2 (Spring-Summer 1967)
Cite This Article
Thornley, Kerry. "Kerry Thornley: Alms for the Aged!" Left and Right 3, No. 2 (Spring-Summer 1967): 62.