The calculus is all broken. The Boomers voted themselves lavish benefits and decided (as always) to screw everyone else. Now we're finding out that "everyone else" can't hardly pay their own bills much less keep all the asinine promises. Something has to give, someone has to end up being the bagholder. Usually that's the younger generation. However, this time, the younger generation has already been fleeced down to the clothes on their back--there is nothing left to skim there. What is going on now is the search for bagholders. I suspect it will be the Chinese, but we'll see.

Yeah, but the number of jobs is independent of either of these numbers.

You could have no jobs and lots of pensioners. Then everyone wants to work but can't and those who once were working have retired.

OK, so, there are not jobs because the economy doesn't need them.

So, the economy is producing the same with less jobs.

So, where is the problem for covering the needs of the pensioners?

Haha no. There's too much wrong with your understanding for me to help. Good luck but you're on your own.

Oh come on, while you are bothering to answer, instead of a condescending remark, you could point me to a link or something.