What makes me angry about this is that politicians in industrialised nations have no qualms with bailing out current retirees (because those will save them thei

What makes me angry about this is that politicians in industrialised nations have no qualms with bailing out current retirees (because those will save them their next few re-elections) and shoring up mindless consumption at the expense of those who try to live more frugally. Yet at the same time the very same politicians claim there's not enough money for implementing a universal basic income right here, right now.