Economist Dean Baker wrote this piece in response to an NPR segment on OH NOES NOT ENOUGH WORKERS TO PAY FOR RETIREES:
When people being portrayed as policy experts tell you that the United States or other countries face a demographic disaster because of declining ratios of workers to retirees they are mostly trying to tell you that they are not very good arithmetic.
You can either read the piece so you can argue with your brother-in-law, or you can take his word for it that it’s nothing to worry about.
