this post was submitted on 31 Mar 2025
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It’s true. These days the average household income in the US isn’t enough for the added costs of elderly care without the supplement of social security and other programs. That trend only worsens.
I’m optimistic, however, that this will change as the differences in generational attitudes towards socialism are reflected more strongly in governmental policy. The baby boomers are already losing their grip on the levers of politics, and the millennials, in particular, are much more friendly to social policies.
That’s true, although this administration is perfectly timed to siphon off the largest wealth transfer in US history with the demise of the boomers.
True, though statistically it’s just cleaning the plate, as global elites have had their fill over many decades. Once people finally decide to stop pointing fingers at each other and unite against this scourge, there will be nowhere to run.
Afterward, global economies should stabilize and nations which start this process early will, I suspect, see much growth during the global recovery, so here’s hoping americans have some revolutionary spirit left.
My concern on that front is trust. After electing Trump, Biden, Trump, our allies see the US as a rocking ship. Our allies’ trust in us will take more than a term to regain.
For sure. I imagine it will take far more than one government/term to rehabilitate and repair international relationships (decades, I’d wager) but I think within our lifetimes we’ll get to see it!