11-28-2016, 12:04 PM
(11-28-2016, 11:36 AM)X_4AD_84 Wrote: X will get abandoned because the Boomers will "eat everything in sight," so to speak, as they make their end of life journeys. By the time we X are in our 70s and beyond, the public elder care system will be burned out. There is however a silver lining. For the fraction of Xers who have decent retirement funding, things like CCRCs will be falling over each other for our business due to the steep drop in demand.
add to that (or as part of the eating everything in sight), the crisis and ensuing 1T rebuild - assuming the crisis manifests itself in a big way - will require resourcing at a level that compromises social programs. Great infrastructure projects, or war, or whatever, costs hard money ... and we (Xers in elderhood) will be an easy target. Inflation will be tolerated, even encouraged - at our expense.
"But there's a difference between error and dishonesty, and it's not a trivial difference." - Ben Greenman
"Relax, it'll be all right, and by that I mean it will first get worse."
"How was I supposed to know that there'd be consequences for my actions?" - Gina Linetti
"Relax, it'll be all right, and by that I mean it will first get worse."
"How was I supposed to know that there'd be consequences for my actions?" - Gina Linetti