And this is the "Good" news????
I certainly do not envy the youth of today. While they have always enjoyed all the "goodies" in life, now they face a rather grim period of economic readjustment! It was much easier to start with "squat" and improve one's standard of living than to ride the economic slope downward for a long period of time!
I can see the tax reciepts dropping already and with our record entitlements and deficits, this will be very interesting to see play out.
There will have to be a tariff to keep Social Security and Welfare solvent. It is no longer an issue, this will be done.