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Entries in Economics (1)

Monday
Dec062010

Demographics and Economics


We've got the biggest generation in history hitting retirement and the cupboard is bare. We our generation isn't producing enough skilled workers to replace the taxpayer base, either, not since our parents screwed the public education system and outsourced the white-collar jobs. In ten years, something like thirty percent of our population are going to be retirees or silicon rust belt victims.

Accelerando, Charles Stross

It appears the fiction writers predicted this economic disaster.