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That's not really the case in the US: https://www.census.gov/newsroom/press-releases/2015/cb15-113.html https://www.census.gov/newsroom/press-releases/2015/cb15
by spangry 11y ago
That's not really the case in the US: https://www.census.gov/newsroom/press-releases/2015/cb15-113.html https://www.census.gov/newsroom/press-releases/2015/cb15-113...
Gen Y is more than 1 quarter of the US population and outnumber the baby-boomers. We're the children of the baby boomers, hence the alternative name for Gen Y: 'echo boomers'.
- tomjen3 11y agoIt is only the very tail-end of that group which are still in HS or below. You need the numbers for the kids born between (say) 1998 and 2015-minus whatever year they start preschool. Also baby boomers may have retired but most don't need to be in a nursing home yet (which is the really expensive part).
- spangry 11y agoAh, sorry. I misread your post. At least in Australia, the really expensive 'contingent liability' (i.e. future tax burden on Gen Y) comes from health care expenditure, which tends to sky-rocket as one grows older. Might be different in the US given the more limited government expenditure on public health.