Teresa Ghilarducci: The Retirement Crisis

The video discusses the public pension crisis, highlighting its roots in shortsighted funding and the potential long-term impact on state budgets. It explores the broader retirement crisis, emphasizing the need for better financial planning and government intervention. The discussion extends to Social Security, proposing policy changes to ensure future stability. Medicare and health insurance reforms are also examined, advocating for lowering the Medicare age to improve efficiency and reduce costs. The video concludes with a look at the political and economic implications of these issues.

What are the implications of the mixed system of retirement funding mentioned in the text?

In what ways does the speaker suggest that the current pension system is inefficient?

What changes does the speaker propose regarding Medicare and its age eligibility?

How does the speaker relate the issues of retirement security to broader economic concerns?