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worn down
Heresy Financial
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Comments by "worn down" (@worndown8280) on "Most Americans Will Never be Able to Retire" video.
That makes the assumption your employment will be needed. People assume demand will always be there, but that is determined by the number of people consuming. And as birth rates around the world are showing, folks are drastically reducing the number of children they are having. This will have an effect on demand and employment when you are an old man.
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Google Title 4 for social security, title 4D in particular. Its been pilfered for decades, since 1968 actually. Currently 1/4 of all SSI outlays go to title 4D. And with the increase in single mothers, its only going to go up. This is what is going to cause the Social Security system to break, not retires. And when it does it will take multiple state governments down with it too.
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@sprinkle61 Yea there really isnt a way that they can sell it. The populist right wont do it, and the progressive left wont either. Both of those hold sway in both those political parties.
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