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VOLUME 1, NUMBER 4, 2002

AUTHOR:
Alan D. Viard
Senior Economist and Policy Advisor, Federal Reserve Bank of Dallas

TITLE:
Pay-As-You-Go Social Security and the Aging of America: An Economic Analysis

FIGURE 1:  Insolvency Projected to Occur in 2041
FIGURE 2:  Aging of America Expected to Continue
FIGURE 3: Birthrate Expected to Remain Below Historical Values
FIGURE 4: Growth Rate of Population 20 to 64 Years Old Slows
FIGURE 5: Life Expectancy at Age 65 Projected to Continue to Rise
FIGURE 6: Longer Life Span Dramatically Worsens Trust Fund Balance

 

 

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