Comment: No retirement for you!

(See in situ)

No retirement for you!

The main problem, any economist will tell you, is that the Boomers are retiring, and they are many in number. Too many.

By flushing all their 401k's, IRA's and pensions down 50% or more, they will have to work longer, probably until they drop.

Promises were made, and now they are being broken. I've seen this over and over, makes you wonder why anybody trusts the government or wall street.