Sponging boomers
The economic legacy left by the baby-boomers is leading to a battle between the generations
ANOTHER economic mess looms on the horizon—one with a great wrinkled visage. The struggle to digest the swollen generation of ageing baby-boomers threatens to strangle economic growth. As the nature and scale of the problem become clear, a showdown between the generations may be inevitable.
This article appeared in the Finance & economics section of the print edition under the headline “Sponging boomers”
From the September 29th 2012 edition
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