Medicaid and Social Security currently amounts to roughly 40 percent of all federal spending and 10 percent of the nation's gross domestic product," What strategy do you believe could ease the burden on both younger and older adults?
1
vote
Push the retirement age beyond the currently accepted age of 65 years.
Require workers to increase their savings while damping down their spending so they'd have more resources when they do retire.
Consume less as a country, while still paying taxes so the federal government could set aside more money for federal assistance programs to help support people as they age.