I know I just ripped Glenn Reynolds…

… but allow me to imitate him for a moment. Megan McArdle says:

As a class, the old and sick are already luckier than the young and healthy. Again, for individuals within that class–those with desperate congenital conditions, for example–this is not the case. But I’m not sure it’s terribly compelling to argue that we should massively disadvantage a large group of people in order to massively advantage another, equally large group of people, all to help out the few who are needy, or deserving, or unlucky.

I agree. Read the whole thing.