Acton Institute Powerblog Archives

Post Tagged 'intergenerational injustice'

The Welfare State and Intergenerational Injustice

Contrary to current policy, this is not reality. Last Saturday The Imaginative Conservative published my essay, “Let’s Get Back to Robbing Peter: The Welfare State and Demographic Decline.” To add to what I say there, it should be a far more pressing concern to conscientious citizens that the US national debt has risen from $13 trillion in 2010 to nearly $18 trillion today. Continue Reading...

Stan Druckenmiller on Intergenerational Theft

In a recent interview in the Wall Street Journal, billionaire Stan Druckenmiller discusses his recent university tour sounding the alarm on intergenerational theft. The article paraphrases his case: [W]hile today’s 65-year-olds will receive on average net lifetime benefits of $327,400, children born now will suffer net lifetime losses of $420,600 as they struggle to pay the bills of aging Americans. Continue Reading...

The Injustice of US Educational Attainment

As commencement ceremonies once again are being celebrated around the country, I was reminded again of the moral crisis of US education. Elise Hilton recently surveyed the dismal employment rate among young adults in the US, writing that we have moved in twelve years from having the best rate in the developed world to being among the worst, following the path of Greece, Spain, and Portugal. Continue Reading...