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I listened to a recent podcast on NPR that talked about this. (This is just one source so find others.) One couple was drawing down retirement money and slashin

I listened to a recent podcast on NPR that talked about this. (This is just one source so find others.) One couple was drawing down retirement money and slashing spending rather than work horrible conditions in tv/movies. They both said that they would have to start working more soon as their money buffer was getting small. I think there are a lot of people at the lower end that are doing this. Using the government payouts, plus savings, plus cutting costs to just take a break and reset what work is and what it should be.

hungryforcodes 5y ago
A "break" from work I agree. A "reset", I'm not so sure (though I'd love it to be the case!). If they're drawing from their savings and so on, then at some point they'll have to go back to whatever shitty jobs are available -- though now they and society will be much more brittle as the retirement buffer is gone. If they took the time and money to reinvest in their skills -- I'd agree it would be a reset. But the cynical side of me says they are not, most of them. It's just a question -- everyone is talking about this great revolution -- however who's paying the rent? I keep coming back that question. Maybe I don't have all the information, but I sure have to pay rent. I wonder how others do this too. Thanks for your suggestion of the NPR podcast -- I'll check it out :)
- DarylZero 5y ago
  It's very simple, when people can't pay rent, they move more and more people into fewer and fewer apartments.