No, it's even worse at that.
"It's hard to understand why anyone would want to return us to the days before the New Deal, when millions of elderly people lived in poverty."
Aaaargh Matey's, let's throw the old people on a big bonfire and be done with them all!! Or maybe just keelhaul the lot of them! Perhaps there are still some salt mines that need slave labor! (all said with a compassionate conservative voice).
Hard to understand? Why the thrill of beating old people like Krugman with their canes should be reason enough!