Monday, April 05, 2004
America grows older
["America is Getting Older," Daily Policy Digest, National Center for Policy Analysis, 5 April 2004.]
The demographics in the U.S. are rapidly shifting, and the implications for tax burden and welfare programs are staggering:
The aging of America isn't a temporary event. We won't be getting older this year or this decade, and then turning back and getting younger.
- In 2000, there were 82 million people under the age of 20 in the United States. Their numbers dwarfed the 35.5 million seniors.
-By 2030, however, there will be 88.6 million young people and 69.4 million seniors, approaching parity.
-In 2080, only 50 years later, the number of seniors, 96.5 million, will finally exceed the number of young people, 95.8 million.
["America is Getting Older," Daily Policy Digest, National Center for Policy Analysis, 5 April 2004.]
The demographics in the U.S. are rapidly shifting, and the implications for tax burden and welfare programs are staggering:
The aging of America isn't a temporary event. We won't be getting older this year or this decade, and then turning back and getting younger.
- In 2000, there were 82 million people under the age of 20 in the United States. Their numbers dwarfed the 35.5 million seniors.
-By 2030, however, there will be 88.6 million young people and 69.4 million seniors, approaching parity.
-In 2080, only 50 years later, the number of seniors, 96.5 million, will finally exceed the number of young people, 95.8 million.
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