Demand Supply in the Baby Boomer Generation Collapse After World War II, the United States experienced a "baby boom" as birthrates rose...

After World War II, the United States experienced a "baby boom" as birthrates rose dramatically between 1946-1964. Lower birthrates after 1965 mean that the now aging baby boom generation is larger than the generations before and after it. What effects will the aging of the baby boom generation have on the economy? 

Aging of baby boomers have significant impact on the economy. It has increased therequirement of financing social security and has proved to be the burden on the medical billscovered by Medicare....