>>BTW, if you are so altruistic, I suggest that you give all of your assets away to all those young people that you seem to think need a hand out.
They don't need a handout. They just need a break from paying for others who systematically underpaid for their own predictable future needs.
>>The problem with socialism is that eventually you run out of other people's money.
Precisely. The young can't be expected to keep paying more and more for people who boast about having no debt. The screams when the gerontocracy gets to practice what it preaches will be audible on the moon.
"... They ne'er cared for us
yet: suffer us to famish, and their store-houses
crammed with grain; make edicts for usury, to
support usurers; repeal daily any wholesome act
established against the rich, and provide more
piercing statutes daily, to chain up and restrain
the poor. If the wars eat us not up, they will; and
there's all the love they bear us."
-- Shakespeare: Coriolanus, Act 1, scene 1
