by Summary:
10,000 per day now... Transfer payments of Social Security and Medicare starting to dominate the growth in leading fiscal flows... mega-trend will continue for years...More than 10,000 people are now retiring each day in the U.S. But this daily retirement figure may fall by close to 2,500 people from an expected peak in the year 2023 to the year 2042 https://t.co/8tKzcfRiRS— Bloomberg Economics (@economics) June 4, 2019
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10,000 per day now... Transfer payments of Social Security and Medicare starting to dominate the growth in leading fiscal flows... mega-trend will continue for years...More than 10,000 people are now retiring each day in the U.S. But this daily retirement figure may fall by close to 2,500 people from an expected peak in the year 2023 to the year 2042 https://t.co/8tKzcfRiRS— Bloomberg Economics (@economics) June 4, 2019
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Mike Norman considers the following as important:
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10,000 per day now... Transfer payments of Social Security and Medicare starting to dominate the growth in leading fiscal flows... mega-trend will continue for years...
More than 10,000 people are now retiring each day in the U.S. But this daily retirement figure may fall by close to 2,500 people from an expected peak in the year 2023 to the year 2042 https://t.co/8tKzcfRiRS
— Bloomberg Economics (@economics) June 4, 2019