Charles Hugh Smith writes about the coming demographic challenges and how, without hard choices, social safety nets and government benefit systems will inevitably collapse. “These two trends are a double-whammy on those young adults having children: the costs of raising kids is much higher, the expectations are much higher while the government support is heavily weighted to the elderly populace, which is exploding as people now live into their 80s and 90s. (My Mom is 93, my Mom-in-law who we care for here at home is 91, our neighbor’s Mom is 99, and so on.)“
