The Real Mav

Our Growing Inactive Population: Demographics and the Economy

Also worth nothing that the 'active' workers will be coming from a pool of increasingly illegitimate and uneducated people. Any cursory review of the birth and graduation statistics should truly frighten anyone. I see this trend as one of the most sobering. We math out things based on a more productive (or at least as productive) work force. With out of wedlock births in some sectors at 70% and high school dropout rates at 50%, who is going to produce the revenue to sustain the retiring boomers in an economy that will likely be 100% 'skill' based?

A Little Known Fact, And Good News, About This Crisis

People only buy homes for the tax benefits? I had no idea. I am going to absolutely use this article to bash all of the greedy homeowners I know. I am just sorry those poor bankers, hedge fund managers, politicians, CEO's, etc had to take the fall for my $40k/yr neighbor screwing up the whole global economy.