Boomers Are Breaking the Deal By John Mauldin

Boomers Are Breaking the Deal

By John Mauldin | Aug 25, 2012

How Are You Going to Keep Them Down on the Farm? A College Degree Is Not Enough Boomers Are Breaking the Deal Two Workers for Every Social Security Recipient Carlsbad, Palo Alto, Chicago, and Atlanta

There is something missing from this thing we are calling a recovery. For most in the US it does not feel like a recovery, and for good reason: the jobs aren’t there. But for some groups it is a recovery, and more. And that reveals an even bigger problem. Today, in a summer-shortened Thoughts from the Frontline, we look at the trends in employment as well as take note of a signpost we passed on the way to finding out that we can’t pay for all the future entitlements we have been promised. It’s a short letter but hopefully thought-provoking. At the end, I note a webinar and a few speeches I’ll be giving in the near future.
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