"But wait, wouldn't wacking the elderly actually be good for the economy? They aren't paying taxes and are collecting social security after all."

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Who says? They are the only ones in this country who ever saved any cash. there is a tremendous amount of wealth in that set ( despite the heart-rending commercials with old ladies eating dog food) and they pay billions in investment taxes every year. God knows where that money is coming from when the baby-boomers retire. Most of them never put away a penny.