UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next
Author: Colovion 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 682477  
Subject: Re: Lock And Load Date: 12/13/2012 11:15 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 3
“Even if we assume an expanding economy and a declining unemployment rate, the nation will eventually reach a point where there are less than two people working to support each beneficiary,” Piereson said, explaining that 150 million people will be working to support 80 million. “That’s not a good situation.”

If you think about it that's not true... or at least not the whole picture. Those 150 million workers have to support themselves, their kids, all the people on welfare AND the 80 million retired people. In other words the ratio isn't 2:1 it's 1:1 at best (worse, actually, as the entire population is over 300 million and will keep growing)! They have to support EVERYONE, including themselves.

That's the situation in ten years, and it only gets worse from there. What's it called again when you work for everyone else collectively and get to take care of yourself with whatever the government lets you have? I think there's a name for that... Social-something or even Commu-something.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next

Announcements

Invest Better Hub
Take advantage of our newest free service, Invest Better!
New Fool-Branded Credit Card Available!
How does your card compare to ours?
Post of the Day:
Supernova Phoenix 1

When Does the Party End?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Facebook Fool Fan Club
Be a fan of the Fool over on Facebook!
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Get the Fool Phone App
Save and share content, zero in on sectors, podcasts, and much more!
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.
Advertisement