866-Friday Q&A: Target Date Fund Debacle, Making Summer Productive, Medicaid Trust, Etc.
Radical Personal Finance
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Can the United States Continue Growing Into Perpetuity?
"You can't, you cannot know with your money that you are going to have enough money at 65. It's not possible," he says. "How do we even know that the united states can continue growing into perpetuity? The last 200 years, where we have two % per annum economic growth is absolutely a miracle." 'It certainly feels more exciting to think about 30 oneto, forty one, than it does two to 65,' Obama adds.
Play episode from 01:59:41
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