America’s population profile already has changed, but the future shift will be even more dramatic.
But demographics changes are neither good nor bad. The real problem, as I pointed out last month, is when you combine an aging population with poorly designed entitlement programs.
…even a small welfare state becomes a problem when a nation has a population cylinder. Simply stated, there aren’t enough people to pull the wagon and there are too many people riding in the wagon.
That’s a recipe for a crisis.
Here are some sobering details from a story in Business Insider.
The world is about to see a mind-blowing demographic situation that will…
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