Abstract
Senior Fellow Eugene Steuerle makes the case for addressing the retirement of the baby boomers in economic policy sooner, rather than later. Delay, he argues, reduces the chances of long-term structural reform, makes large tax increases almost unavoidable, puts the oldest and most vulnerable of the elderly at greater risk, and invites further price and quantity controls in healthcare.
Research Area:
To reuse content from Urban Institute, visit copyright.com, search for the publications, choose from a list of licenses, and complete the transaction.