(Guest Post by Matthew Ladner)
So North Carolina is one of the age demographic “Big Trouble” states according to the Census Bureau projections:
So this week I had the pleasure of venturing out to North Carolina to sound the alarm along with our partners Parents for Educational Freedom in North Carolina. You can see a video of PEFNC president Darrell Allison and talking it over here.
North Carolina’s age dependency ratio will be going up do to a projected increase of over 550,000 school age residents and over a million residents age 65 and over.
If you look at recent trends in the NC state budget, you already see evidence of Medicaid increases (which the elderly play a large roll in driving) putting a pinch on other types of spending: