Monday, March 06, 2006

The Burden of the Old

I just can't wait to see what happens when the baby boomers hit their 70's.


DMKhldibo said...

So, the weed capitals live the longest, huh?

then the baby boomers who smoked the most will be around the longest....and they won't remember anything about it.

fred said...

CC, I don't get it, what I see is if you take the GDP and divide by 300 million (per capita) my health care will be 20% of my share when I am 90? Hell, to live to 90 I will pay 50% of my share. To think individual health care costs will go down as you get older you are nuts. If you integrate the individual GDP percentage times the population of each age group you will get total health spending as a percentage of GDP. There are liars, damn liars, and economists. The baby boomers hitting 70's will be the greatest intergenerational transfer of wealth (old to young) in the history of this country. That would be a good chart. I saw your article on the neolibertarian and was not impressed.

Captain Capitalism said...

I'm glad you were not impressed with my post on Neo Libertarian. If you were impressed, then I'd have to worry, because you are a sloppy rookie.

Please re-read the title of the charts CAREFULLLY and then open your mouth.

DMKhldibo said...

Capt, found this article-thought you might be tickled by it

Derek Jensen said...


How do you explain the inversion at the right end of the graph? Is it because expensive surgeries are not performed on 95 year olds? Instead, they are given cheaper hospice care and allowed to die?

That's my guess

Captain Capitalism said...

You got me. I think that some people if they live that long have survived most common ailments and therefore do not consume that much in terms health care as they are literally the healthiest people (as they live the longest).

Either way, I'll be surprised if i make it to 60.