As boomers retire they create a drag on US GDP that will last for decades

Summary:  The Boomers have begun retiring. They’ll inflict economic stress on America in ways few expect, and so for which we’ve not prepared. This post looks at one such, the long headwind to economic growth created by their falling spending.  {1st of 2 posts today.} Contents The Age Wave. The Boomers’ retirement is coming. Conclusions. […]

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This article by Editor of the Fabius Maximus website originally appeared on fabiusmaximus.com on May 08, 2015 at 12:00PM