‘It costs three times more to look after a 75-year-old and five times more to look after an 80-year-old than a 30-year-old … today, there are half a million more people aged over 75 than there were in 2010. And there will be two million more in ten years’ time.’ Still, the last sentence strikes an uneasy note. There are shades of the rhetoric of immigrant fear, of the neurosis that a stable, long-established society is on the verge of being swamped by outsiders from far away, except that these ‘outsiders’ were born far away in time, rather than space.
Harbinger for upcoming budget battles in the US. When will the Boomers in Congress turn on, and begin to stab themselves and their generation in the back? The big social program battle looms.