The demographic tale
by digby
This tells the story better than anything else I’ve seen:
That bulge you see going through the snake is the baby boomers of course. And as you can see, we’re going to be nothing but a group of very old ladies before too much longer. So all the panic about Social Security and the other old age problems are going to work themselves out quite naturally in a fairly short period of time. There is no need to panic. Indeed, it’s important not to cut the programs for those very old ladies. They (we) are probably not going to be able to be big “job creators” or producers at that point and will need help before we finally die off.
And if I might just add a little boomer’s lament: we didn’t ask to be born any more than the rest of you did. To the extent we are selfish, destructive failures as a generation, take a look at just how huge a generation that is and consider that a whole lot of us as individuals tried to do the right thing in our lives. There were just so many of us.
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