Around the world, social security and health care are today's hottest economic issues due to the rising dependency ratio : the proportion of elderly people relative to younger, economically active, workers. According to the Population Resource Center, this ratio will double in the world's more developed regions and triple in less developed regions by 2050. With so many more old people in coming decades, governments will be hard pressed to raise enough money to pay for their needs by taxing the young.
Around the world, social security and health care are today's hottest economic issues due to the rising dependency ratio : the proportion of elderly people relative to younger, economically active, workers. According to the Population Resource Center, this ratio will double in the world's more developed regions and triple in less developed regions by 2050. With so many more old people in coming decades, governments will be hard pressed to raise enough money to pay for their needs by taxing the young.