Census: U.S.'s Aging Population to Double by 2050

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A new Census report estimates the population of Americans 65-years-of-age or older will grow to 83.7 million by 2050, almost double from the 43.1 million in 2012. Cato Institute senior fellow Daniel Mitchell joins Lunch Break to discuss the impacts this has on the economy and services like Medicare and Social Security. Photo: Getty

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Automation of the labor market, provided it's handled properly, will add robots and algorithms to the cart pulling younger workers.

CraftyZanTub
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aging population by itself isn't necessarily a bad thing, the real issue is the lack of babies being born, to keep a population pyramid stable, that's the fundamental problem with Europe, East Asia, and North America, maybe Australia, but the Middle East, the Indian subcontinent, and Africa have no such problems, and in fact, after the COVID-19 recovery, this is the part of the world that will be the leading player

taimalik
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Good thing for feminism we need to lower the birth rates.

LarryCuckman
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cato 'institute'. hahahahhaaha. your friendly neighbourhood right wing think tank

MrSvenovitch
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No need to worry, folks. Obamacare doesn`t provide major emergency care for anyone over 70 without approval from a cost control board.... that should drop the numbers quite a bit in just a few short decades.... gotta love that hope and change.

martylamb