Bob Rodriguez of First Pacific Advisors provides a very gloomy outlook of what awaits the misguided American middle class.
"There is no god given right to an easy retirement. It was a fool's paradise. My parents and grandparents did not have an easy retirement. The world is unsafe and unstable. In this country, we had a perverse view of what reality was, and now that veil is being lifted, and i'm sorry but it's going to take a long time, and that long retirement of vacations may not be there."
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hat tip Richard