Thursday, October 25, 2012

Martian Rescue?


How's this gonna work out for you? Wages, bond rates and federal expenditures peak about 1980 then drift downward for the next 32 years. CPI is range bound but the definition has changed over the years (energy and food no longer count these days). Thinking about retiring? Who's gonna pay for it? You with stock and bond earnings? Or the minimum wage earners with their payroll taxes?

But who's reading these days?

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