Just wait. Baby Boomers are just starting to retire.
We see certain companies scaling back pension plans.
Now we have to see some local governments do the same thing, such as San Diego. What do you think will happen if their pensions are cut.
"Just wait. Baby Boomers are just starting to retire.
We see certain companies scaling back pension plans.
Now we have to see some local governments do the same thing, such as San Diego. What do you think will happen if their pensions are cut."
Do I think the oldsters will be out in the street, rioting? Will they listen to Mick Jagger sing "I Can't Get No Satisfaction?"
Or will they simply have to get along with somewhat less...that's what I soberly say will happen.