Mobility Across Generations
The fraction of children who earn more than their parents has decreased over time.
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The fraction of children who earn more than their parents has decreased over time.
Deficits would be even higher under an alternative fiscal scenario.
Medical spending increases rapidly with age.
https://www.pgpf.org/chart-archive/0020_medical-spending-by-age
The federal debt is on an unsustainable path
Federal debt would grow rapidly if current policies were continued.
https://www.pgpf.org/chart-archive/0300_debt_current_policies
Solutions Initiative 2019: Projected Federal Debt
https://www.pgpf.org/chart-archive/0279_solutions_initiative_2019
Populations are aging in many countries.
https://www.pgpf.org/chart-archive/0116_aging_world_population
Low-income seniors rely on Social Security benefits for a major share of their retirement income.
https://www.pgpf.org/chart-archive/0018_social-security-low-income
Retired workers make up 70 percent of Social Security beneficiaries.
https://www.pgpf.org/chart-archive/0243_oasdi-beneficiary-percentages