To: fooman
I know that the last statement will be unpopular, but most older people have plenty of money compared to an 18 old. I would respectfully disagree. The average 18 year old has a disposable income much greater than the elderly. They have very little debt. Plus, 18 year olds can usually obtain financial support form their parents, and of course, can go find a job that provides healthcare.
6 posted on
10/26/2002 11:23:23 AM PDT by
rintense
To: rintense
Not all 18 year olds are pampered by thier parents. I was not.
I spent well over 110K to get through grad school and undergrad.
Aslo at 18, what are you going to get, a 25K a year job tops unless you make significant investments in yourself.
No, it the relatively wealthy older people tax the poor young. I did demographics at a financial institution, and we did not even want to talk to you unless you had a six figure income and investable assets of 300K. That demographic starts at 35.
Responsible young people have FAR less disposable income and wealth than older people, althought the young tend to consume less and seem less 'needy'.
Having the elites redistributing wealth dampens productivity and abridges the liberty of the responsible.
7 posted on
10/26/2002 11:37:58 AM PDT by
fooman
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