Posted on 05/27/2016 5:07:05 AM PDT by expat_panama
Worse than treading water. We’re $10 trillion deeper in the hole.
Sell in May and go away.
All I need to know is that the dow has grown by just 3% compounded annually since 2008. This only confirms it.
The economy is stagnant and we all know it but the gubment and the mudia won’t report it. It is Political don’t you know?
Never in our history have we been so pilloried by regulation and oppression and never before have we been so lied to.
So because they retired did they simply stop consuming? Did their jobs end with them? People have retired, though not in the slug of boomers, before and the economy did not end. Late working cycle people have mostly stopped consuming in big slugs anyway.
Are the millions who stop working and start collecting not replaced at all as they have been?
Most people seem to do just that because it is convenient. Just another excuse instead of a valid reason for the collapse of our economy. This is truly a man made disaster and not just one of those things that just happens.
“With a population of 300 million people, there are far more people entering the workforce age than leaving it.”
Doesn’t mean they’re working.
90 million people in this country don’t work.
32 million are gov workers (a drain, not net taxpayers).
10,000 baby boomers retire everyday and will continue to do so until 2027.
I really don’t think there’s 10,000 people a day getting new jobs.
I read the whole article and all of the comments. What you said about this being a man-made disaster is right on the money, so to speak.
We are a nation adrift. Our ‘leadership’ has been just awful, our media corrupt beyond redemption and the One-Worlder Grifters are running it all.
We are coming apart at the seams. We don’t do much at all well any more.
Princeton University. Promotes the concept of euthenasia for “defective” babies and the elderly to save society monies.
My 23-year old son, Eagle Scout and now store manager at Tractor Supply wpould have been one of those. Mild hemophilia.
He is a real humanitarian. Your comments sound like him.
Yep. Even after a good nights sleep, I’m still cranky - always an indicator to me, LOL!
“The real problem, IMHO, is that the millennials don’t have anything like the work skills of the baby boomers. They may catch up eventually.”
Lol, that’s funny!
The boomers had more wealth, freedom, opportunity and good times, than any generation in the history of the planet.
Evah.
I’d like to see the ‘work skills’ of a boomer who had to pay 40,000/year tuition at 19 years of age.
You sound like me. Irritated most of the time about what I’m seeing. Irritation blends into grumpiness.
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