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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: pstuartb who wrote (254302)6/15/2010 4:55:40 PM
From: RetiredNowRead Replies (1) | Respond to of 306849
 
Excellent stats. Thank you. By the way your post made me laugh. I knew that if I tried to lay the blame on Boomers, I'd be flamed. No constituency likes to get blamed for anything.

However, the sad truth is that we simply can't afford all the Entitlement spending increases that will be a direct result of the Boomers' retirement.

10,000 Boomers retire every day. That's a huge stress on our system. We can't afford the promises that have already been made, much less the new once Obama has added to the pile.