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I find it interesting to compare the written narrative vs the graphs. The written explanation implies its entirely due to overly-generous unemployment compensa
by VLM 5y ago
I find it interesting to compare the written narrative vs the graphs.
The written explanation implies its entirely due to overly-generous unemployment compensation (the lazy youth meme that's millennia old). The graph in exhibit 10 implies at least half of it is due to long term demographic trends and early retirement (bye bye boomers). So the written explanation is blame lazy kids, and the graphical explanation is blame the tired elders.