The biggest single issue that will define our society over the coming decades is the rapid aging of America. Due to advances in health care, Americans are living much longer lives. This, coupled with significant declines in birth rates (below replacement level fertility since the late 1960s), will combine to create incredible strains on our nation’s public pension and health care systems.
We are all living on borrowed time, fiscally speaking. Unless aggressive reforms are taken now to increase birth rates and decrease future entitlements to seniors, America will face insurmountable economic and social ills in just a few short decades. The longer we wait to make the tough decisions, the worse it will be for our children and grandchildren – the few that we will have, anyway.
Bothell
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