Way back in the day when radio was entertainment and not a platform for right-wing haters, there was an L.A. deejay who went by the name "the squeekin deacon." He loved the line, "Take back your golden garters, my legs are turning green."
Corny, but it hit the bull's-eye. All that glitters is not gold. That goes double for the so-called golden years. That time when we set aside our work life and settle into a well-earned, peaceful and secure retirement. A new study shows that the future for today's seniors is "work until you die," or at least until you're 80.
The study, commissioned by Wells Fargo, also shows that less than 50 percent of today's seniors have a set-aside of at least $25,000. And a huge percentage live below the poverty line. Those who are able stay on the job until they drop or are shoved out.
Then, it's working minimum-wage jobs without benefits or as a part-time greeter at Walmart. Entry-level jobs once the province of the young. Now young and old fight for the same crumbs in order to survive. Not exactly golden.
A Stanford study documents how middle-class neighborhoods have shrunk by a third in the last 30 years while poor and rich areas keep growing. That's not exactly golden either. But the biggest loss of all would be to rely on a lazy, corporate-controlled, trivia-obsessed media and a political class subservient to big money. A president who is still afraid to fight and a Republican field that is both pathetic and cartoonish. That's a fool's gold.