Aging Baby Boomers and the Economy: Everything May Be OK (Wall Street Journal)

It seems like only yesterday they were the country’s “young urban professionals,” but America’s baby boomers have already begun to enter retirement age. The effect of this on the economy has become more and more top of mind, but economists don’t seem too concerned. They cite a predicted deduction of “0.2 percentage points from annual U.S. GDP growth on average through 2030,” an effect that could easily remain unnoticed due to other economic  factors.

 

 

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