Ageing population threat to U.S. economy
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The Biden administration is warning that the U.S. is heading for a dangerous economic deficit as post-WWII baby boomers become senior citizens, highlighting the need for increased federal aid
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CIRCLE OF LIFE: Breakdown of U.S. population by age (2020 census)

54.3m people (16.5% of U.S. population) are over age 65*. Number expected to rise
to 74m people by 2030
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U.S. population: 328.3m

147.8m people in employment in 2020
18-64: 199.3m  (working age)
Liable to pay income tax if earning

5-17: 55.2m

65-84: 48.2m (retirement age)

85+: 6.1m (require most social care)

Under 5: 19.5m
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President Biden (78): Struggling to win support from fellow Democrats
for proposed $400bn boost for at-home care for elderly/disabled

POPULATION AGED 65 OR MORE (%)†

County percentage
25% or more
15-24.9%
Less than 14.9%

Alaska 
Hawaii
No data

*Over 65s whose gross income is less than $14,050 per year do not have to file income tax returns. Sources: Reuters, U.S. Census Bureau, Statista, Intuit
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†Published 2019 (2013-2017 data)
Picture: Associated Press © GRAPHIC NEWS