Who's going to pay your pension. Hopefully you have 10 kids. They all want free money, no work, more perks. But who pays for it... maybe "the state". We're pricing ourselves out of the market and guys like the one above clap. Crazy world.
given that we are already seeing serious strain for some european pension systems, i don’t think this is a very strong comparison
Only because it takes into account 401Ks.
It's also very much possible this is a transitive thing and not the new settled norm.