This is all self-inflicted
The Government's* actions of 2020 and 2021 are coming due in 2022 and beyond. All the stimulus money was borrowed from the future. The only way out is through inflation devaluing everyone's wealth. We still have the same amount of money on-hand, it just buys a lot less. As a result retirees have less to live on than they had planned for, and back to work they go.
* = We are the Government, and this is what we collectively wanted.
Biting the hand that feeds IT
