[quote=CDMA ENG]…Our children will have it tougher as more labor than before will be available. If the labor force does not decrease to the point where the demand for it is high then supply side will always drive labor down. It’s just that simple…[/quote]

I don’t think its as simple as you make it out to be here, CDMA.

First of all, the availability (or unavailability) of any kind of labor depends entirely upon locale. In many locales in the US, there is never enough available would-be employees at any given time.

In addition, boomers retiring en masse will free up many “career-track” positions, but of course, some of these positions may very well then be eliminated. But the sheer NUMBERS of boomers leaving the workforce should create openings for new workers (millenials) and others who have been chronically unemployed in recent years through no fault of their own.

I don’t foresee all the doom and gloom that you do but realize that in places like San Diego, CA (15 mi from the int’l border) a large portion of its population who wants to work will be without work, due to a never-ending supply of low-wage workers and also the presence of thousands of “American” workers who have chosen to live on the other side of the border so they can work in SD County for less wages (be more “competitive”) and still have enough money to live comfortably on.

Due to geography, this phenomenon has been ever present and will never leave this area but there IS an alternative. It’s called “relocation.”