“ Politicians value staying in office more than they value the long-term health of the country. Spending money in the short-term buys votes. It’s not good politics to take on the obvious long-term insolvency of popular programs that transfer wealth from the young to the old. The elderly reliably show up on Election Day. Children have no voice at the polls. The AARP is an extremely powerful interest group. There is no similar organization lobbying on behalf of ten year olds.
— David Einhorn
