What policies might relieve the burden of an older population?

The problem that the entire developed world will soon face is demographic graying: an older population, with many retirees. The burden of supporting the retirees will fall on a smaller number of workers, a burden worsened by medical progress that keeps the elderly alive much longer at much greater cost. What policies might relieve this burden?

Asked By: LATEEFAH S - 12/11/2007
Best Answer - Chosen by Asker
I wish we had transfered social security and medicare from a pay as you go system to a semi-private savings based system years ago. That way, as the population becomes older, there would be a corrisponding increase in savings to pay for retirment and healthcare... More
Answered By: E B - 12/11/2007
Additional Answers (3)
unfortunately the elders will be responsible for themselves. there is just not enough earning power to give them a free ride on the government dole.
Answered By: freakboynv2000 - 12/11/2007
Since medical progress has increased the expected healthy life and most work requires less physical effort than in the past, the obvious solution is to delay the retirement age, so that their will be fewer retirees per worker. When the baby boomers were entering the work force, older workers were encourage to retire... More
Answered By: meg - 12/11/2007
Recognizing the right to die might be an option. Although the legislators would have to get off the Jesus juice before that happens...
Answered By: NC - 12/11/2007
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