He claims that he does not hate old people, but that old people have a very strong lobby. This lobby is the reason there is an increase in transfer payments into the hands of the elderly. This doess not seen to be accurate and is certainly misleading.
It's a human tendency to deny disagreeable truths. The AARP is indeed a very powerful lobby. U.S. culture must change in significant ways if Druckmiller's very valid concerns aren't to become true. In general, young people in U.S. society don't want to be caregivers for their parents and, as is often the case, couples work and hardly have time even if the wanted. Society, culture needs fundamental shakeup..