The Refragmentation (paulgraham.com)
recommended by 1 user | 2016 | 852 points by urs | startup advice | original thread |
One user recommended this thread. What they said:
sremani Aug 4, 2016 | on: For Economy, Aging Population Poses Double Whammy | context

Wait a minute my friend, people had it hard before WWII and people seem to be overly positive about the two decades following WWII. People's life expectancy has risen, so a pension plan would have to feed a person for a decade now, has to feed them for two or more. Sorry to burst your bubble, but if you are in a work force for 30 years its your responsibility to build a nest egg. Social Security was supposed to be a safety net, not a retirement plan.

Both the Left and Right, has to stop glorifying the 50s and 60s, yes they gave us 70s and stagflation and Regan.

PG has a wonderful column about refragmentation. http://paulgraham.com/re.html

subsequent HN comments https://news.ycombinator.com/item?id=10826836