> If you're under 45 and middle class (or lower down) you'll never retire, but your grand-kids might. This seems like scare mongering. Especially for people un

> If you're under 45 and middle class (or lower down) you'll never retire, but your grand-kids might. This seems like scare mongering. Especially for people under ~35, that would likely be able to ride out economic problems. Not everyone has all their money in cash, lol. On top of investments, lots of middle class people own their house by age 50, and you can retire quite more easily with a paid for house. It also seems to me that these labor shortages aren't going away. There may be an ups and downs, but I'd be very surprised to go another 20 years without a covid-like jobs shortage, where businesses didn't seem fazed to throw money and benefits at the problem. An economic downturn isn't even really needed in the aftermath, or excessive inflation. We've had times where the average joe has prospered. Lots of really wonky things were done in the economy to cause COL increases. We gassed up the real estate market for very little reason. That's a big driver of the inflation, or especially cost of living. Also, it seems that there are market forces that caused the inflation in cost of products. I think cost of living can go down without deflation, but I could be wrong. If companies are overcharging, that could leave room in the market. It's already eroded their position, since many products are now similar in cost to premium products, yet lower quality.