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Old 02-16-2008   #3
Hell Puppy
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Join Date: Oct 2002
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Default Re: nanny state Mentality

I'm afraid it'll only get worse.

The baby boomers are aging. We're seeing the last of a generation with pension funds. Many of the new folks hitting retirement age in the next decade or two will have to do so with what they've saved themselves and whatever is left of social security, which is on course to be nothing.

These people have worked their whole lives knowing someday they'll retire and have had retirement investment options available to them. Many will retire with little to no networth beyond maybe the house that they live in and an increasing number will still have mortgage payments at age 65+. They're gonna scream like raped apes for the government to take care of them.
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