You'll Be Afraid Of Older Generations After You See These Charts

http://www.businessinsider.com/youll-be-afraid-of-old-people-after-you-see-this-chart-2012-5

In a long analysis of the effects of an aging generation of Baby Boomers, Credit Suisse analysts led by Neal Soss conclude that the U.S. faces steep challenges in paying for a massive generation of retirees who have saved poorly.

Concerns about entitlements have formed the center of debates on the sustainability of U.S. public debt. and this charts show just why.

First dependence on transfer payments—or the money people receive as part of redistributive government programs—has more than quadrupled in the last fifty years, while the share of income generated by wages has sunk 20 percent.