Margaret Wente, will you marry me? <:

http://www.theglobeandmail.com/news/opinions/margaret-wente/the-war-against-the-young/article2322982/

And despite what Ms. Eng says, nobody pays for it in advance. It comes from current general tax revenue.

The poverty rate among the elderly in Canada is 5.9 per cent, much lower than it is for children or those of working age.

Now, our biggest social problem is not how to redistribute more money to the needy old. It’s how to protect everyone else from the tsunami of geezers that’s about to crash on our shores and suck the wealth of future generations out to sea. The war against seniors’ pension reforms is a war against the young.

When the federal government introduced OAS in 1952, the qualifying age was 70 and many people didn’t live long enough to collect it. Today, it’s 65, and a Canadian of that age can expect to collect OAS for nearly 20 years.

Are we really sure we want to transfer so much wealth from struggling young families to relatively well-off geezers? How smart is it to suck our grandchildren dry? How many schools won’t get built because we’re buying Lipitor for people who can already afford to pay for it?