The Coming Fiscal Deluge
From the NATIONAL CENTER FOR POLICY ANALYSIS, a sobering assessment of not too distant future entitlement program needs for the baby boomer generation.
In 2011, the first group of baby boomers will reach the age of 65. In a pay-as-you-go system, what matters most is cash flow. And the cash flow drain that elderly entitlement programs portend is not a problem of the distant future, as some argue. The problem has already begun.
Read the full story here -
http://snipurl.com/cyxl
In 2011, the first group of baby boomers will reach the age of 65. In a pay-as-you-go system, what matters most is cash flow. And the cash flow drain that elderly entitlement programs portend is not a problem of the distant future, as some argue. The problem has already begun.
Read the full story here -
http://snipurl.com/cyxl
posted by ilexia at 2:07 PM
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