The Coming Generational Storm

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photoPolicy makers are alarmed that our federal budget deficit has reached $7 trillion. In the new book "The Coming Generational Storm," Boston University economics professor Laurence Kotlikoff warns of a future $45 trillion deficit., the result of the retirement of the baby boomers. Tonight, On Point, what this means for you, and how you can prepare.


Laurence J. Kotlikoff, professor of economics at Boston University. He is also a research associate at the National Bureau of Economic Research and president of Economic Security Planning, Inc., a developer of financial planning software. His new book "The Coming Generational Storm: What You Need to Know About America's Economic Future."

Jack Beatty, On Point news analyst and senior editor at the Atlantic Monthly

This program aired on April 21, 2004.


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