Broad redistributive programs, such as Social Security and Medicare, have provided all aged with large net benefits. Using the concepts of “concentrated” and “diffuse” interests, explain first why the...

Broad redistributive programs, such as Social Security and Medicare, have provided all aged with large net benefits. Using the concepts of “concentrated” and “diffuse” interests, explain first why the aged have been able to receive such large net benefits and, second, why benefits to future aged will be much lower than those received by previous aged groups.