A long-range effect of the baby boom will be......?

Question

a. a decreased interest in pension fund investments

b. less deficit spending by all levels of govt

c. increased industrial technology

d. an increase in transfer payments

Answer 1

D. When the baby boomers retire there will have to be much greater spending on public pensions.

Answer 2

B seems to be more suitable

Answer 3

The main effect the boomers (I'm one of them) will have on the U.S. is...................a substantial reduction in living standards and a continued selective amnesia concerning the national debt (now at about $10 trillion.)

Interest rates are at an all-time low, deficit spending is at an all-time high, and increased industrial technology is a joke as it is mostly focused on nothing but entertainment, "security," and private transportation.