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Baby boomer effect
The baby boomers are retiring. We are soon to lack people not jobs. Unemployment is at a many decade low and the work force participation rate is also at a many decade low.
Obama, Trump or whoever is to come is going to have a different economic puzzle to solve. https://tradingeconomics.com/united-...icipation-rate You can change the timeline to get a better idea. |
McConnell said yesterday that he wants to cut back social security, Medicare and Medicaid to pay for the massive tax cuts that he gave the 1%.
Mitch McConnell says it out loud: Republicans are gunning for Social Security, Medicare and Obamacare next |
no worries 4000 hondurans are arriving :thumbsup
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We probably need them.
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Your culture is NOT locked in your GENES America is a melting pot that transformed the Irish, the Welsh, Italians, Eastern Europeans, Ashkenazim, Sephardim, Sikhs, Buddhists, Quakers into.... AMERICANS It can do the same (it's already doing so) for Armenians, Persians, Filipinos, Jamaicans, Dominicans, Nigerians, Chinese, South Koreans, MUSLIMS, etc etc. America, regardless of its color, eye shape, or religion, will REMAIN AMERICA. Focus on the INSTITUTIONS and you'll be fine. That's why as an American living overseas believe in the CONSTITUTION. That's what defines AMERICA! Anything else is GENETIC DETERMINISM |
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Don't believe the clap trap that is put out there. The US population is growing steadily and there should be no shortage of labour.
https://www.census-charts.com/Popula...-1790-2000.png In fact with more jobs being lost to automation the opposite will be true. Except for companies that can employ cheap labour or those who want high skilled and not prepared to train them. |
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Most states froze the welfare benefit decades ago. They then moved long term recipients to SSI. I have owned low income housing for decades. Very few actual welfare recipients. Califórnia - Is California the welfare capital? - The San Diego Union-Tribune |
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https://www.usnews.com/news/healthie...urban-counties 2.1 is needed to break even. Immigration is the other source and we have stopped that big time. |
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Kind of funny how this demographic shift is the biggest thing since popcorn and very few people are talking about how to take advantage of it.
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U.S. Population (2018) - Worldometers Where are the job shortages? |
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