Written by Jim Welsh
Macro Tides Monthly Report 01 November 2020
The initial wave of Baby Boomers turned 65 in 2011 and each year the number of Baby Boomers in the workforce has fallen from 50 million to less than 25 million in 2020. The surge in the 65+ population has and will continue to draw on the assets in the Medicare and Social Security programs.
Graphic: “Untergang der Titanic” by Willy Stower, 1912, Wikipedia.
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