People used to have 10 kids so of course there were more kids. Also the life expectancy has been getting longer and longer as people quit smoking and work at less dangerous jobs so of course the over 65 population increases. It actually makes sense. The thing I would be most worried about is how senior discounts are going to affect the economy when more people are asking for them.
There’s the other side of this equation as well. With lots of people over 65 that means in the next decade or so there’s going to be unprecedented wealth transfer to people in my age bracket. I.e. people in their 40’s and 50’s. Probably well in excess of 1 trillion dollars of wealth just in the United States. A lot of that money will end up getting dumped into the economy in the form of houses and cars and things like that.
So not sure if this "headline" means much.........
People used to have 10 kids so of course there were more kids.
Hey, leave my senior discounts alone! :0)