Kent Smetters, faculty director of the Penn Wharton Budget Model, estimates that we spend 6x more on older than young people — or actually more like 10x.
Top economist Kent Smetters thinks the U.S. is on a 20year clockand the tilt of the federal budget toward baby boomers is at the center of the story.In a new analysis and in an interview with Fortune… [+8287 chars]
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