Rethinking Retirement Is Necessary
How can Congress help seniors in the work force?
Special to Roll Call
New challenges — and new opportunities — await us as our aging population doubles within the next decade. Today, people over the age of 65 make up roughly 12 percent of the population, but in the next 25 years they will account for almost 20 percent. That means one out of every five Americans will be a senior by 2030, at which time economists predict that businesses could face a labor force shortage of 35 million workers. They warn that this could translate into slower economic growth, and therefore lower living standards for everyone.
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Schumer Advocates for Many on Panel
Nov. 16, 12 a.m.
As Senate Majority Leader, Lyndon Johnson once said of the Joint Economic Committee, “It’s as useless as tits on a bull.” But as that panel’s chairman during the 110th Congress, Sen. Charles Schumer (D-N.Y.) seized the opportunity to elevate the traditionally low-profile post to the forefront of shaping policy. Read Full Article
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