Baby Boomer "Retirement"

As a boomer that will be retirement age in 7 years,I have a couple problems with your all is well attitude.One-there is no money in the SSI lock box and we have borrowed from the next three generations to pay for our health care and retirement supplement checks.The supplemental part can be assisted with a part time job.But where are the jobs?I will be taking hours from the next generation that they will need to make ends meet.This fiasco we are in now is the tip of the iceberg when it comes to the poverty a lot of people will be seeing in this country not seen since colonial days.Add that to the 60% so far decline of my generations 401Ks and the 40% home equity losses and you have a poverty retirement class that does not deserve it.We did our part to see the previous generations retired in relative comfort.At least they had the knowledge their medical needs will be met.Obama has plans already outed that will have a government agent selectively choose who gets served and who doesn't.That wouldn't open itself up for graft would it?The killer nail ijn the coffin is Bernanke's printing a trillion dollars off the presses yesterday.This will set off inflation,possibly hyperinflation and the money I have left after the previous two hits will be worth 60% of that total.This is unsustainable as 80% of a persons medical costs are after retirement age.

I'm having trouble reading my own words and coming away thinking that I'm picturing the future as "all is well". The state of things I predict will be in part because Boomers will not be able to afford to stop working.

Secondly, the jobs will come from a failure to populate the entry level labor force with four children+ per family, as their WWII forebears did.

Third, your take on the economy is an extrapolation of today's state of things out a generation, which is a stretch. Obamma will not have the power to kill the economy any more than we will hand over the health care system to him.

The stasis I speak of for the Boom generation will not be a prosperous one, it will actually tend toward the monastic. But they will do it, because they will be healthy, motivated- and needed.