Re:The Big Lie: 5.6% Unemployment
by jobu on Tuesday February 03, 2015 @01:41PM
(#8992265)
It includes 25-54. Currently the age of retirement for full Social Security benefits is 67. Seems likely that they're missing a large chunk of Baby Boomers that are working longer.
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Re:The Big Lie: 5.6% Unemployment
by 6stringmerc on Tuesday February 03, 2015 @02:06PM
(#8992471)
...and not accounting for the health care costs, present or future, which the Baby Boomer cohort is going to take out from the economy from a productivity / wealth standpoint. Basically, to exaggerate, the inheritance tax is relatively a moot point because other than a small percentage, most Baby Boomers didn't save enough to retire and didn't pay enough into the system to keep them alive from 67-80 something, because there has been little to no upward mobility for the rank and file spend and be taxed lower classes.