Robert J. Samuelson, posted a good article on the Washington Post's website....
Here.
Its about the Millennials and how the baby boomer generation, in particular, has up not only their opportunities, but the opportunities for Generation X and even for the baby boomer generation themselves.
There is no way, on holy ground, could they expect to get the type of social benefits throughout the rest of their twilight. If they secure it for themselves before the make a true exit, it would be probably worked out to less than what they put aside for themselves.
That's not being cruel, but it is, well, being economically efficient- you can't subsidize, or support something that is putting in no equal value in return.
These are rough times. And, baby boomers, caused it all....
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Global View Today, is a blog that focuses on international development's and international news analysis, with a twist of comon sense and humour. While we take the position of a political economist and on the development aspect of things, on many of the issues, we try to represent business, trade, government and finance, all in one swoop with our views!
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