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financial-crisis

State and local government finance: The new fiscal ice age

Source: JournalistsResource.org

From the moment the baby-boom generation took its first steps in 1946, its members have had an enormous impact on the United States. They powered the suburbanization of America in the 1950s, youth rebellion in the 1960s and the “Me Decade” of the 1970s. And now as they approach retirement, their sheer numbers will continue to drive societal change.