The data are in: The United States is getting older and welcoming fewer babies. This decades-long phenomenon is creating a demographic squeeze that some anticipate will affect nearly every aspect of the nation’s economy and infrastructure over the next couple of decades.
“I see a total reshuffling of our economy and society, brought about by historic demographic turnover,” regenerative medicine specialist Dr. David Ghozland told The Epoch Times.
In a report for the American Enterprise Institute, economist Jesús Fernández-Villaverde called falling U.S. fertility rates “the true economic challenge of [the] time.”
The number of adults aged 65 and older is forecast to hit 82 million by 2050 and will make up 23 percent of the population, according to the Population Reference Bureau. That is a 42 percent increase from 58 million people aged 65 and older in 2022….