Hi bbotcs, well we're not an Islamic state and as long as the Fed is able to print trillions, interest rates remain low, and there's a vaccine in sight, our economy will be just fine. But it wont be the economy we were spoiled by in the 1980s - early 2000s.
But dont worry, it'll come crashing down soon enough no matter which party is in power. But in the meantime, lets change the long term capital gains tax on the wealthy, let's move $100B of wasteful defense spending to health care and technical training (not useless BA degrees for our privileged princes and princesses). Let's give Millenials and Gen-Zs a chance to have lives we boomers got to have.
By 2030, Self driving cars and automation will wipe out A LOT of starter jobs. Undergraduate degrees in just about everything will not guarantee a job in a nice safe space office (or work from home) world. (unless you're exceptionally good looking, lol)
So that will screw with our social security and medicare ponzi scheme, which by the mid 2030s will both be in big trouble. As well as the older people who are relying on them. That's when the fun will really begin.
Chris
