Saturday, October 6, 2012

My baby boomer retirement conspiracy theory...

Could it be possible that Republicans want Barack Obama to win?  Could it be that the wealthy powers-that-be know that the American economy is not salvageable in the immediate future and they want to see a Democrat in the White House for at least another four years to prove to Americans that the Democrats are incompetent and they cannot run this country?

I have a theory involving the dreaded baby boomers and the upcoming massive retirement that we are going to see probably coming around 2017 or sooner.  At least by 2017 there will be so many of them retired that there is bound to be some impact on the economy. 

I myself believe (and I bet the top 1% of earners believe this as well) that the economy will continue to flounder for quite some time.  There is no point in getting a Republican in the White House because then the blame will be put back on the Republicans for the perpetually sagging economy.

Now if the Republicans win the 2016 election, and at least the employment situation recovers thanks to the retiring boomers, they will look like they have solved the employment crisis and due to their diligence and good economic policy. America is making a comeback thanks to them.  Of course all the time it will really be the retiring baby boomers we will have to thank and not the Republicans. 

However, the baby bommer retirement may not be enough to open up the job market.  Automation has been and will continue to eliminate jobs probably more quickly than off-shoring will.  I already see that a lot companies are not replacing retirees because there are now more efficient ways of doing buisness mainly thanks to computers, the Internet, and the Information Technology revolution. 

I have also conisdered the possibility that the ecomomy is being deliberately screwed with in order to keep employment costs down.  The goal of the wealthy always seems to be to increase the labor supply to make labor costs go down. 

There is no way to tell if any of my theories are correct until we get to 2017, but whatever the outcome is it will be interesting to see what kind of impact the baby boomer retirement will have.