There are always going to be people too lazy to work but don't be fooled by what else is going on in this country. A recent online article said for somebody graduating college (22 years old) that they will need 7 million dollars in their retirement account by age 70 to live comfortably. I would assume the definition of comfortable does not mean two vacation homes plus a condo plus primary residence plus SUV at each location plus eating out 3 times a day 7 days a week. There is no way I see short of ramping up the printing presses for money that a majority of that age group is going to have 5, 6, or 7 million dollars in a retirement account by age 70. They are also hollering that at least on third of the people that will be of retirement age in the next couple of decades will have no significant savings for retirement. I can believe this as whether you wrench at the local auto garage or drive a dump truck your employer most likely funds nothing and your paycheck pretty much goes to the here and now. The you know what is going to hit the fan soon in this country and it will get very ugly very quick.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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