Saturday, November 10, 2012
Weekend Reading - "America's Demographic Cliff"
Over time, with relentless inevitability, their changes take place...
At ZeroHedge.com, Tyler Durden recently took the time to explain it all, including this important point among many:
"Social Security and Medicare spending are projected to grow exponentially as healthcare costs explode and the biggest population wave in the history of the US starts to enter retirement. The Congressional Budget Office expects spending to increase by 150% over the next 25 years, which is hardly sustainable with barely 2 workers for every retired person in 2035... there’s a storm a comin’"
