AI is our only hope to avoid austerity with a shrinking US population — unless Bernie Sanders gets his way

Published February 27, 2026 5:25am ET



The American labor force is shrinking and increasingly responsible for bankrolling the largest and wealthiest generation to ever age into retirement. And that retirement is becoming increasingly expensive, with the majority of tax dollars collected sent straight to Americans 65 and older.

The United States’s $38 trillion national debt now nets an annual interest bill of another trillion dollars each year. And the bipartisan Washington consensus eschews reforms in favor of praying that the economy magically grows its way out of this fiscal disaster.

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