The dependency ratio has gone up something like ~11-15% since the 50s whereas GD... | Hacker News

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crdoconnor on Aug 23, 2017 | parent | context | favorite | on: 1 in 3 Americans Have $0 Saved for Retirement (201...

The dependency ratio has gone up something like ~11-15% since the 50s whereas GDP has gone up something like 2-300%.

This is where your pension wealth actually went:

https://cdn.americanprogress.org/wp-content/uploads/2014/09/...

>Retirement is the golden carrot dangled in front of us

Not exactly. The 1% keeps pushing the "demographic time bomb" trope through the media precisely to make us believe that that this "golden carrot" is a vain hope.

jononor on Aug 23, 2017 [–]

What would they benefit from that? Would it not be better if people were just working good and hard in the belief of a good retirement in the end?

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