Churchill had something to say about this almost 100 years ago. Something along the lines of when you are young, it is expected that you would favor socialism…but as you got older, it would be expected that you would favor conservatism.
He said it a lot better than I.
“Socialist governments traditionally do make a financial mess. They always run out of other people’s money.”
Margaret Thatcher in an interview, This Week Thames TV, 5 February 1976