4 ms·
You get it. There will be a serious labor crunch over the next few years as boomers continue to retire and immigrations fails to make up the numbers. Maybe mass
by nebula8804 4y ago
You get it. There will be a serious labor crunch over the next few years as boomers continue to retire and immigrations fails to make up the numbers. Maybe massive re-training programs to get aging millennials into in-demand fields? Zeihan essentially says that while the US will still be in the best position it will still be painful and to just accept the pain until Gen Alpha comes online in 20-30 years. I don't buy this part of his thesis. Will millennials produce the number of kids needed to offset their losses?
- UncleOxidant 4y ago> Will millennials produce the number of kids needed to offset their losses? Yeah, this seems very doubtful. High housing cost + large student loan debt has delayed family formation which means fewer kids.