Demographics
reality
A reminder for the fans of demographics: Kathleen Casey-Kirschling is generally recognized as the nation’s first baby boomer. She was born in Philadelphia on January 1, 1946, at 12:00:01 a.m. Casey-Kirschling applied for Social Security benefits on 15 October 2007, officially starting the retirement of the baby boomers at an event attended by Social Security Commissioner Michael Astrue.
Posted in Employment, Income & Consumption, Strategy & Scenarios, The Fisc |

December 29th, 2007 at 11:03 am
The most notable image I have is Hillary’s commercial, surrounded by presents…”now where did put that health care for all” ?
From my uneducated perspective, Hillary will be our next president. It will be very interesting to see the state of the money markets (including the govt cash flow) in 2009 when she starts goes to purchase these “presents”.
Building up to be a perfect storm.
December 29th, 2007 at 11:12 pm
Oh boy, so starts our countdown towards elegant decay, something already well underway in socialist Europe. We didn’t even have regular income taxes until the early 1900’s, the country did just fine without them. People also took responsibility for their own futures, rugged individualism.