They will retire! At the rate of a staggering 12,000 per day (that's 368,000 per month) for 17 straight years they will be retiring to enjoy reaping the benefits of Social Security, Medicare, and Medicaid. Me included, God willing.
With new jobs (most of them at the wage level of a burger flipper, or worse yet, well paying government jobs) happening at about 144,000 per month, just how is this going to work out? How long will the upstarts tolerate being taxed into oblivion for the benefit of us old folks? Of, I forgot, those making less than $50,000 in combined family income pay (on average) a net zero in Federal income taxes. That leaves the rich. Or the printing press....
And what is left once the Dollar has no real value and the rich have been destroyed as a class (or up and left the country, taking their jobs with them)?
PS: Guess what happens when 368,000 people per month retire and 144,000 upstarts find jobs? The percentage of unemployed figure consistently drops monthly, making everything look rosy as all get-out.