Hundreds of member benefits. One convenient place to explore them. Check them out!
by John Gist, AARP Public Policy Institute, Public Policy Institute, January 2007
The aging of the baby boom generation, low fertility rates and increasing longevity are transforming the age structure of the United States. By 2030, the number of age 65+ Americans is expected to double, increasing from 12 percent to nearly one-fifth of the U.S. population.
This “graying” of America has caused alarm among many experts that the future cost of federal health and retirement programs will create huge federal deficits, dry up capital for investment, and jeopardize long-term economic growth. Spending entitlements–specifically Social Security, Medicare and Medicaid–are generally seen as the main factor driving this scenario.
This AARP Public Policy Institute Issue Paper shows that an aging population is not the primary cause of our projected fiscal problems, and it points to hopeful trends that may portend a more sustainable economic future. A future “train wreck” can be averted if we are able to maintain the same level of spending restraint in our health programs that we have already achieved in the past decade, we allow revenues to rise automatically without legislating additional tax cuts, and we make other attainable reforms to our health and retirement systems.
Concerted action in the near-term is critical to creating the conditions for continued economic growth while providing health and economic security for current and future generations of Americans, both in their working years and in retirement. (64 pages)
Please leave your comment below.
You must be logged in to leave a comment.
Members can print free coupons at the Grocery Coupon Center powered by Coupons.com.
Members save 25% on purchases of $200+ and get free basic lenses or 25% off lens upgrades.
Members save 10% on their check every day.
AARP members receive exclusive member benefits & affect social change.
You are leaving AARP.org and going to the website of our trusted provider. The provider’s terms, conditions and policies apply. Please return to AARP.org to learn more about other benefits.
Your email address is now confirmed.
Manage your email preferences and tell us which topics interest you so that we can prioritize the information you receive.
Explore all that AARP has to offer.
In the next 24 hours, you will receive an email to confirm your subscription to receive emails
related to AARP volunteering. Once you confirm that subscription, you will regularly
receive communications related to AARP volunteering. In the meantime, please feel free
to search for ways to make a difference in your community at