Grey hair and Crow’s feet. If that’s what you see peering out from the mirror every morning, what you’re looking at are not just signs of maturity but one of this country’s most important economic indicators. The aging of the America, the retirement of the boomers and the related crisis in social security are soon to become the nation’s worst economic problems; but they remain the most ignored. That, according to Barry Anderson, and he should know.
Anderson is a Washington budget expert who for three decades has advised presidents Carter, Reagan, Bush Senior, Clinton and George W., on America’s biggest money issues, and he’s so fed up with Washington’s refusal to focus on this looming economic iceburg, that he’s up and quit.
Guests:
Barry Anderson, Deputy Director, Congressional Budget Office
Gail Russell Chaddock, Congressional Reporter, Christian Science Monitor