Pension Power: Economic Impact and Challenges Ahead

Explore the dual narrative of pension spending as a $1.5 trillion economic engine and its underlying vulnerabilities. Discover how pensions support millions of jobs and local economies, while facing funding challenges. This episode delves into the sustainability of pension systems and their broader economic implications, offering crucial insights for understanding retirement security and economic health.

Sources:
https://401kspecialistmag.com/pension-spending-drives-1-5t-in-economic-output-for-2022/
https://phys.org/news/2025-01-reveals-economic-ripple-effects-business.html
https://www.businesswire.com/news/home/20250108084610/en/New-Study-Finds-Durbin-Marshall-Credit-Card-Bill-Could-Cost-U.S.-Economy-227-Billion-156K-Jobs
https://www.vietnam-briefing.com/news/vietnams-economic-performance-2024-gdp-trade-fdi.html/

Outline:
(00:00:00) Introduction
(00:00:50) Pension Spending Drives $1.5T in Economic Activity for 2022
(00:04:06) New research reveals economic ripple effects of business closures, remote work and other disruptions
(00:07:21) New Study Finds Durbin-Marshall Credit Card Bill Could Cost U.S. Economy $227 Billion, 156K Jobs
(00:10:25) Vietnam's Economic Performance in 2024: GDP, Trade, FDI