The Phaserl


You Can Relax – There’s No Retirement Crisis After All

from The Daily Bell:

There Is No Retirement Crisis … You’re probably going to be hearing a lot about a “retirement crisis” over the next few years. And Democrats think they know just what to do about it. Some academics are convinced that Americans aren’t saving enough, or being provided enough by the government, to sustain themselves in old age. Many Democrats think their party hasn’t adequately addressed the economic anxieties of middle-class voters. Put the two concerns together, and you get a simple plan: Offer people more generous Social Security benefits. Senator Elizabeth Warren is already on board, enthusiastically throwing around the word “crisis.” The good news is that there is no retirement crisis … – Bloomberg

Dominant Social Theme: Everything is OK if you just save a little …

Free-Market Analysis: This is an absurd article. US lifestyles and retirement possibilities have been on a downward arc since at least the turn of the century. And if one goes back and compares the 1950s to the present day, the current financial environment looks even worse. Since 1913, when the Federal Reserve began, the Greenback has lost 95 percent of its value or more. Solvency and accrual are difficult when the system itself is set up to debase the currency.

Read More @

Help us spread the ANTIDOTE to corporate propaganda.

Please follow SGT Report on Twitter & help share the message.

1 comment to You Can Relax – There’s No Retirement Crisis After All

  • andrew james

    Steal the Gold. Set up a transfer program for the sheeple and call it social security. Steal the Silver. Steal the copper. Print money ad infinitum. Invent fraudulent investment devices sell them to the crooked pension plans and hedge funds that were invented by you know who. Despite all of that hold your hand out for TARP QE1 2 twist and 3. The American people have let it happen incrementally from generation to generation. It would be nice if we could make the buck stop here.

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>