Silver Tsunami Looms: US Economy Unprepared for Aging Population's Economic, Social Impact
A growing demographic shift known as a 'silver tsunami' is approaching, and the US economy is not adequately prepared to meet the needs of its aging population.
A 'silver tsunami' is approaching the US economy, and it's unprepared to deal with the demographic shift brought on by aging Americans, who are expected to live longer and healthier lives. The issue has been underestimated, and the country lacks a comprehensive plan to address the impact of an aging population on workforce productivity, social security, and healthcare systems. As the US population ages, it will require significant investments in infrastructure, education, and healthcare to support this demographic shift. The consequences of inaction could be severe, with potential impacts on economic growth, social stability, and individual well-being.
