60% of the US population is relatively unproductive and the debt crisis will create second-order consequences if the government cuts social programs (food assistance, school lunch programs) without addressing the underlying productivity problem, affecting high school dropout rates already at 22% in Connecticut (the second-richest state).
causalpending
Speaker
Ray DalioEvidence Quote
“there are many unproductive people... so many of the actions that are taken now have these second order consequences the state of Connecticut which um is the richest second richest state in the country 22% of the high school students have either dropped out of high school or or are um um failing with absentee rates of greater than uh 25%... we're going to cut off food programs School of lunch programs”
Source
Ray Dalio and Salesforce’s Benioff on AI, trade wars and new world order— CNBC International LiveCreated: 8/11/2026, 6:48:37 AM
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