Monday, January 21, 2008
Boomers set new course
Call it the Big Boom Theory.
Over the next two decades, 78 million American baby boomers will hit retirement, setting off - at least in some analysts' minds - a crisis in public services, a brain drain for businesses and a budgetary disaster.
Medicare and Medicaid rolls will swell, say reports like the Ohio Public Expenditure Council study released last week. Senior services will be stressed to the limit. And the 20 young workers who supported each retiree back in 1945 will shrink to less than two for each retired baby boomer in 2029.
Enquirer: Boomers set new course
Over the next two decades, 78 million American baby boomers will hit retirement, setting off - at least in some analysts' minds - a crisis in public services, a brain drain for businesses and a budgetary disaster.
Medicare and Medicaid rolls will swell, say reports like the Ohio Public Expenditure Council study released last week. Senior services will be stressed to the limit. And the 20 young workers who supported each retiree back in 1945 will shrink to less than two for each retired baby boomer in 2029.
Enquirer: Boomers set new course
Permalink posted by markw @ 1:17 PM 
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