Facing the Future
Facing the Future
The Concord Coalition
Graying is Paying: Our Aging Population’s Impact on the Budget and the Economy
44 minutes Posted Jul 13, 2023 at 1:16 pm.
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Show notes

This week on Facing the Future, we talk to Richard Jackson, President of the Global Aging Institute about the combined effects of declining fertility rates, longer life expectancy and the baby boomers entering retirement en masse on our federal budget and our economy. It means more spending on Medicare and Social Security, with a smaller working age population to pay into these safety net programs and sustain them. We will also catch up with Concord Coalition policy director Tori Gorman and chief economist Steve Robinson on the latest economic news.