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EssentialThe Expert View

Declining Fiscal Democracy: Understanding the "Pig in the Python"

Featuring Eugene Steuerle

Feb 10, 2020 • 30 minutes

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Essential

The Expert View

Declining Fiscal Democracy: Understanding the "Pig in the Python"

Looking down the barrel of the demographic gun: why millennials will challenge and upend the traditional pension system.

Featuring Eugene Steuerle

Feb 10, 2020 • 30 minutes

C. Eugene "Gene" Steuerle, co-founder of Urban Brookings Tax Policy Center, has studied the intersection of demographics, the economy, and public policy for 30 years. He joins Real Vision to break down the demographic trends that have converged to create "a decline in fiscal democracy." Steuerle talks about the impact of the baby-boomer "pig in the python" and reveals how that phenomena has forced the government to focus spending on health care, social security, and interest payments. Finally, he explains why millennials will demand "generational democracy" and the potential political implications of the intergenerational conflict to come. Filmed on February 4, 2020 in Washington, D.C. Show More

Subject-matter experts offer in-depth analysis of global investment risk and opportunity. Expert View probes the top minds from relevant fields, offering critical insights into every corner of financial markets.

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Subject-matter experts offer in-depth analysis of global investment risk and opportunity. Expert View probes the top minds from relevant fields, offering critical insights into every corner of financial markets.

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