If Our Children Don't Do Better Than Us, It Will Be Because the Top 1 Percent Took It All

Robert Samuelson warns that our children may not do better than us. His warning is based on rising health care costs, aging of the population and the resulting rise in Social Security and Medicare expenses, and the risk of an end to productivity growth. Remarkably the upward redistribution of income doesn't feature in his story.

This is striking since upward redistribution is such a huge part of the picture. His example of workers not gaining is taken from a Health Affairs article that...