Is someone intentionally killing the stock market so baby boomers cannot retire?

Question

My aunt was telling me this theory, and haven't thought about it.

But the rumor is that there aren't enough funds in Social Security any more to support a mass exodus of boomers from employment. So the rise in fuel prices and the plummeting of their 401k will force most of them to keep working well into their sixties or beyond.

Answer 1

No, I don't buy it. I don't think that the rich would intentionally shoot themselves in the foot like this. (Currently 60 and seeing my plans for retirement get further away, not closer.)

Answer 2

No, conservative supply side economics is catching up to us. The rise of gas is because Republicans gave away our industrial might to China and now China needs the oil it takes to run our industrial might.