The Baby Boomers’ Retirement/Welfare State Spending Tsunami—The Root Of America’s Impending Fiscal Calamity, Part 2

The 78 million member Baby Boom generation was born between 1946 and 1962, and the final costly flourishes on today’s giant retirement-driven Welfare State were enacted during the subsequent 15 years. These giant long-term fiscal inflators included LBJs Medicare program in 1965; Tricky Dick’s disastrous 1972 social security amendments that indexed earnings for wage growth; and Jimmy […]
You must be a Stockman's Corner member in order to view this post, subscribe to Monthly Subscription, Quarterly Subscription or Annual Subscription.