The presentation I’m making to some open classes on campus this week and to a community group in early May.  Bottom-line: When media pundits and politicians tell us that the older generation is “screwing” the younger generation, they’re lying.  There sound economic theoretical and empirical reasons for intergenerational transfer programs and social compacts like Social Security and Medicare.  And, there’s not factual reasons to say “Social Security and Medicare are going bankrupt”.  Quite the contrary, these programs will be there in the future when the younger generation retires and even when my as-yet-unborn grandchildren retire.  The only real threat to Social Security and Medicare comes from an overly-privileged 1% of the wealth and income distribution that frankly doesn’t understand how the programs work.