Tornado Alley (PROG)

[SilverSurfer]

"Those of us who have or hope to have grandchildren (alas, far fewer than the number enjoyed by our grandparents), have to wonder how many of their working hours will be devoted to paying for the "rights" the aged have voted for themselves. With take-home pay dwindling, will my grandchildren be able to afford families of their own, or will they decide that it's cheaper and easier to join the crowd and resign from the gene pool? Will those that buck the trend be forced to emigrate to escape economic enslavement imposed by a childless, aging majority? And what will happen to Western civilization when the only people left having babies are those who plan to raise them on welfare and food stamps?

The problem with entitlement democracy is that you eventually run out of other people's babies.

http://www.realclearmarkets.com/articles/2012/12/10/will_aging_childless_voters_enslave_my_future_grandchildren_100034.html

Bill Frezza is a fellow at the Competitive Enterprise Institute, and a Boston-based venture capitalist. You can find all of his columns, TV, and radio interviews here. If you would like to have his weekly columns delivered to you by e-mail, click here or follow him on Twitter @BillFrezza