A colleague of mine asked and I thought this e-mail might be of some humor and entertainment;
Without going into detail, I predict a general decline ala Japan from 1989 to today. YOu will see the "Herbivore" movement in Japan come to the US and (gender politics set aside) men just frankly leave their traditional roles which will have large implications for future economic growth as well as stagnation in corporate profits and thus stock prices. This decrease in economic growth, combined with a decrease in asset prices is going to impair and underfund not just private pensions, but 401k's IRA's and 457's. Spending commitments made by Obama will essentially make the future so uncertain and taxes so likely that everybody, regardless of gender, will be less incented to work. Productive, hard working people who would have normally bred future generations of workers will opt for vasectomies instead and choose a life of leisure over work. This will bode ill for current and future pensioneers who were relying upon others to essentially work for them and pay for their retirement, not to mention health care. Nothing will change until the younger generations get a rude awakening that "unfortunately, yes little Jimmy, you do actually have to produce something of value in order for society to succeed, let alone, survive," but this lesson will be delayed as the rest of the world panics and throws money into the US dollar as a flight to safety simply because its "the US" permitting us to borrow more money and live the Barbie World lifestyle where we produce nothing, but buy everything as if the US was one big shopping mall. Financial crisis inevitably ensues, Keynesian fiscal stimulus never works, economy collapses and now people will finally have the free time to study economics and figure out how we got there in the first place because nobody will have jobs.
And everybody will blame Bush.