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12 sats \ 0 replies \ @fourrules 7h \ on: The Doomers Are Wrong: Millennials are Better Off Than Boomers (Reason, Stossel) econ
Let's just forget about the unfunded liabilities and demographic decline I suppose...
Boomers haven't paid for their elderly care, it's being paid for with debt and taxes. But the capacity to borrow and to tax is decreasing, so at some point the rug will be pulled, but it's ok because Boomers might be dead by then.