April 6, 2017
Will the average baby-boomer couple that retired in 2011 really “end up drawing about $200,000 more from Medicare and Social Security than they paid in taxes to support those programs?” That’s the gist of a recent Urban Institute study; as reported by a Washington Post columnist, Baby Boomers “…chewed up resources, ran up the debt and escaped responsibility.”
The October 2003 Elliott Wave Theorist noted, “The demographic argument for a continued boom fueled by baby boomer spending and retirement savings will be transformed […] into an argument that the same portion of the population will be responsible for a continued bust.”
Socionomist Alan Hall surveyed a multi-decade, social-entitlement tsunami – a wave that, like all others, will eventually subside when negative social mood gathers steam.
If you look closely, you can see patterns in social mood that help you predict social behaviors. To learn more about our flagship publication, The Socionomist, Click here >>