But even seniors will ultimately suffer if younger workers donít have the skills and infrastructure to be productive and support them.
Again according to The Urban Institute, state and federal governments spend $3 on seniors for every $1 on children. That spending has reduced poverty among seniors to 9 percent. Among kids, itís 22 percent.
Politically, generational justice is difficult: Seniors and soon-to-be seniors vote. Children do not. Seniors have AARP lobbying for them as ferociously as the National Rifle Association does on behalf of assault weapons. Kidsí lobbies are much weaker.
Theoretically, Obama should be the champion of younger voters ó the victims of generational injustice ó because 60 percent of 18- to 29-year-olds voted for him, while 56 percent of seniors supported Mitt Romney.
But, weirdly, Obama is resisting entitlement reform while the GOP is riskily promoting it. It could be part of his crush-íem plan.
One would hope the sides would quit trying to do each other in, realize they have to live together and get busy solving Americaís problems. Alas, itís probably a fantasy.
Leaders from military and veterans service organizations joined Sens. Roger Wicker, R-Miss., Kelly Ayotte , R-N.H., and Lindsey Graham, R-S.C., at a press conference to urge the Senate to replace a provision in the budget proposal that cuts retirement benefits for veterans. Wicker, Ayotee, and Graham earlier called for a bipartisan solution to replace the $6.3 billion in cuts to military retiree benefits.
Each year since 1990, CQ Roll Call has reviewed the financial disclosures of all 541 senators, representatives and delegates to determine the 50 richest members of Congress. This year's report, derived from forms covering the calendar year 2012, shows it took a net worth of $6.67 million to crack the exclusive club.