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At present, the administration believes, too many old people shift assets to their children and then claim poverty so that Medicaid picks up the tab.
ECONOMIST: Medicaid reform
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Unlike developing countries, which age from the bottom up because of a falling birth rate, rich countries age from the middle, adding old people with fewer workers to support them, and even fewer children to join the workforce.
ECONOMIST: Economics focus
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My brother looked down and saw a woman with a baby strapped to her back, a few old people, and children standing in the middle of the road hoping to catch a ride.
NPR: Literature and Lullabies from the 'Axis of Evil'
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The debate now raging in the Diet and within political parties, is not just about how to finance the costs of old age social programs, but also about the morality of allowing lavish spending on old people to create a burden for their children and grandchildren.
FORBES: Work Begins on Reforming the National Pension (2)