Baby Boomers Could Force Economic Catastrophe

“The federal government's going to be bleeding money as the baby boom retires," says Doug Holtz Eakin, a former director of the Congressional Budget Office.” Thanks for clearing that up for me, Fox News. Here I was thinking we were economically destroyed by trillion dollar bail-outs for Wall Street and politically connected corporations, by out of control government growth and spending, by unnecessary and illegal wars. Nope, it’s gonna be the Baby Boomers that bring the US to its fiscal knees.