What are the effects the baby boomers will have on out economy?
What are the effects the baby boomers will have on our economy ? what type of arguments could i make?
Tags: Baby, baby boomers, economy, effects, BoomersRelated posts:
- Was the baby boomers good for the economy?
- How will baby boomers’ deaths affect the national economy?
- What impact on the economy will the Baby Boomers retiring in droves have over then next 10 years?
- Have baby boomers screwed up the economy for generation y?
- Do the generations following the baby boomers have the spending power to continue to support our economy?
Vast drain on medical resources and Social Security. Since the boomers outnumber the younger generations there will be more people collecting Social Security then paying in.
There is a CVS, Walgreens, or some other version of a drug store on every corner in America today. This is largely due to the large number of baby boomers’ need for prescription drugs. They are a huge burden on the social security system because of their number.
The Baby Boom Generation is named after the explosion in fertility rates from the 1940s up to the early 1960s. There were two important contributors to the boom. First, was the return home of World War II soldiers. I think I read it some where that there was about 400,000.
American baby boomers report more problems with their health than any other generation to date. The will drain medical exp, They are the most Pill popping (prescription, vitamines, Marijuana)generation.