That you know, those of us who are baby boomers with gray hair, they have changed the math in our country. When I was a kid in the 70s, For every dollar that was spent on people 65 and up, there were $7 spent on young people [in the 70s]. Today that's reversed. Today we spend $1 on young people and $7 on those over 65. It's the deal. It's part of our societal commitment. Fine, keep our promises. (07:03–07:17)
CLAIM
Asserts a reversal in spending priorities from young people to those over 65 since the 1970s.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
