UnThreaded | Threaded | Whole Thread (23) | Ignore Thread Prev | Next
Author: MetroChick Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1981034  
Subject: Re: How will we treat each other??? Date: 7/22/2012 6:04 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 2
Even if all were employed, I don't see how every working American could save 10-20% during their working years, plus have our GDP positive, when 2/3 of GDP is fueled by consumer spending.

Much of the rest of the world is still developing, so they can't afford to buy our products, so exporting isn't the answer.

And Europe is an example of social retirement programs being unsustainable for younger generations.

I think what we're seeing is that at our current US standard of living, the nuclear family concept and then retiring and aging-in-place is an expense that the masses in the future will not be able to afford, and people will probably be forced to share housing either with multi-generations to help with childcare and eldercare, or "Golden Girls" style of elderly pooling resources to share housing.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (23) | Ignore Thread Prev | Next


Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Value Hounds

One Word: Plastics!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.