Monday, May 31, 2010

Some reading for Madam (almost certainly) Mayor-Elect

A clear, concise, chilling article by my favorite actuary, Gail the Actuary, who does a wonderful job explaining this moment in time and its repercussions in easily understood language.

The illustration above, in a nutshell, is the problem Salem (and everyplace else in America and the industrialized world) faces from here on out, as the blue portion gets larger and larger and larger still, even as the whole pie shrinks.