Are We Heading for Intergenerational War?. / Richard Thau and Theodore Roszak.
by Thau, Richard; SIRS Publishing, Inc.
Material type:
BookSeries: SIRS Enduring Issues 2002Article 33Business. Publisher: Thau/Richard, 2001ISSN: 1522-3191;.Subject(s): Conflict of generations | Economic forecasting | Generational equity | Medicare | Retirement income | Social securityDDC classification: 050 Summary: "By the 2030s, over half the adult population of today's developed countries will be near or beyond today's eligibility age for publicly financed retirement. When that time comes, who'll be doing the work, paying the taxes, supporting the millions of people in retirement? The late U.S. Sen. Paul Tsongas warned that, as increased resources are expended on the older 'haves' at the expense of the younger 'have-nots,' an intergenerational war would ensue. Is this a real concern? And, if so, what should we do about it?" (ACROSS THE BOARD) This article presents two views on what should be done about financially taking care of retirees.
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Articles Contained in SIRS Enduring Issues 2002.
Originally Published: Are We Heading for Intergenerational War?, July/Aug. 2001; pp. 70-78.
"By the 2030s, over half the adult population of today's developed countries will be near or beyond today's eligibility age for publicly financed retirement. When that time comes, who'll be doing the work, paying the taxes, supporting the millions of people in retirement? The late U.S. Sen. Paul Tsongas warned that, as increased resources are expended on the older 'haves' at the expense of the younger 'have-nots,' an intergenerational war would ensue. Is this a real concern? And, if so, what should we do about it?" (ACROSS THE BOARD) This article presents two views on what should be done about financially taking care of retirees.
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