Baby Boomers'

Baby Boomers' national impact | IN 60 SECONDS

For most of its history, America's population has been younger than other nations. As a result, America has been a nation of risk takers who have quickly found prosperity. But in recent years, an aging America — led mostly by the baby boomers — has made life more difficult for young Americans. As a result, American institutions have stagnated. A population that is aging is not necessarily alarming. But with age come more invasive and burdensome regulations in many walks of life. In the cases of housing and employment, older Americans have slowly created policies that protect their investments, whether it be in property or a career. Stringent zoning laws and employment credentialing have caused younger Americans to spend more time getting dubiously-useful degrees and certifications, and taking on more debt, delaying marriage and childbearing, which in turn is making America even older and more bureaucratic. Simply put, when the population becomes less agile, so do its foundational institutions. Eliminating unnecessary regulations and barriers in many sectors would create an America that is stronger and more prosperous for everyone.So what do you think about this? Do you think America's institutions have become more rigid and inflexible?