Over 80% of Americans to Work During Retirement to Make Ends Meet
Economic growth in a country occurs when the general standard of living increases. This means that individuals are able to get jobs, have some disposable income, have savings, and go out and spend. In turn, this causes businesses to produce more, create more jobs, and so on—in other words, the wheels of economic growth continue to turn.
Sadly, the U.S. economy appears to be far from that. Many get the impression that key stock indices increasing means economic growth, but this is certainly not the case.
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