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Topic	Baby Boomers are starting to retire and the economy is starting to tank.
Zanzenburger 05/08/18 9:38:48 AM #27:	Monolith1676 posted... lilORANG posted... Monolith1676 posted... Zanzenburger posted... Any way you look at it, we are headed for another financial crisis in the US. The question is, which one will hit first, the housing crisis exploding, the wage gap getting too out of hand, automation crippling the workforce, or the retirees problem as stated in this topic. The wage gap? I'm not sure the wage gap alone can cause a recession, but the wider it gets, the more impossible it will be to recover from a recession. We're still recovering from the 2008 one and it's because we bailed out the rich and never helped out the bulk of the population that actually spends money. I thought dude meant the imaginary wage gap between men and women. Thank goodness I was wrong. lol. The gender wage gap isn't imaginary, but that isn't what I was referring to anyways. I was talking about income inequality between the poor and the rich and the lopsided distribution of income. --- Congratulations! Your post was deemed response-worthy. <cite>Zanzenburger posted [p:900992025] in Baby Boome... [t:76586485]...</cite> <quote><cite>Monolith1676 posted...</cite> <quote><cite>lilORANG posted...</cite> <quote><cite>Monolith1676 posted...</cite> <quote><cite>Zanzenburger posted...</cite> <quote>Any way you look at it, we are headed for another financial crisis in the US. The question is, which one will hit first, the housing crisis exploding, the wage gap getting too out of hand, automation crippling the workforce, or the retirees problem as stated in this topic.</quote> The wage gap?</quote> I'm not sure the wage gap alone can cause a recession, but the wider it gets, the more impossible it will be to recover from a recession. We're still recovering from the 2008 one and it's because we bailed out the rich and never helped out the bulk of the population that actually spends money.</quote> I thought dude meant the imaginary wage gap between men and women. Thank goodness I was wrong.</quote> lol. The gender wage gap isn't imaginary, but that isn't what I was referring to anyways. I was talking about income inequality between the poor and the rich and the lopsided distribution of income. --- Congratulations! Your post was deemed response-worthy.</quote> ... Copied to Clipboard!
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