Anyone familiar with the federal budget outlook knows that, along with interest on the national debt, the growing cost of health benefit programs is the main driver of long-term budget deficits. According to the CBO, the cost of Medicare, Medicaid,…
By Richard Jackson, Global Aging Institute The aging of America is ushering in a new era unlike any in the nation’s past. For most of its history, America was a demographically youthful society. As recently as 1940, there were…
It is increasingly clear that the U.S. is not going to get the V-shaped recovery many economists predicted when the COVID-19 pandemic forced a substantial shutdown of the economy in March. While there were some hopeful signs in May and…