October 25, 2013

M.D. Harmon: Government steals from the young to give to the elderly

Some are calling this ‘generational theft.’

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However, there is not only a push, but a push back. As the Feb. 14 column pointed out, “Powerful, vested interests portray reformers as avowed enemies of seniors. But, the status quo is, in fact, tantamount to saddling school-age children with more debt, weaker economic growth, and fewer opportunities for jobs and advancement.”

In that context, note that The Washington Examiner reported this week that on Oct. 21, the same day the WSJ follow-up ran, President Richard Trumka of the AFL-CIO (a powerful, vested interest if there ever was one) addressed a meeting of employee benefit plan managers in Las Vegas (where else?).

Trumka didn’t mince words in issuing a blatant political threat: “No politician – I don’t care the political party – will get away with cutting Social Security, Medicare or Medicaid benefits. Don’t try it. And this warning goes double for Democrats. We will never forget. We will never forgive. And we will never stop working to end your career.”

So it’s the kids vs. the established power structure, and it looks like the cage match is on.

M.D. Harmon, a retired journalist and military officer, is a freelance writer and speaker. He can be contacted at: mdharmoncol@yahoo.com

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