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Reply to "Wow! Anyone else listen to the Diane Rehm Show today? "
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[quote=Anonymous]A panelist pointed out (and the other man agreed) that the U.S. is a completely different economy now. Post WWII the U.S. was *the* industrial engine for the world. Today, we compete with Europe, Asia, and others. The West is also facing a demographic crisis. We just don't have enough workers paying into the system to support the large number of retirees. The math doesn't add up. That said, I'm not trying to minimize our financial hardships. I think today's show is the beginning of a national coming-to-terms with our Inevitable lower standard of living across all socio-economic strata.[/quote]
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