Healthy aging. The Senate Special committee is chaired by Susan Collins of maine. The morning. Thgood morning. The committee wio order. For the next 12 years, 10,000 americans will turn 65 each day. Last month i officially joined that club. By the median age, maine is the oldest stage in the nation. They save 65 or older accounted for 19. 4 of the population of the state in 2016. That is an increase from 2010. No matter where in the country you live, when americans think of turning 65, we think of medicare and Social Security as well as we should. Theres also an opportunity to plan for a brandnew chapter as more start living longer. More than one out of four who lived tlive to age 65 can expeco live into their 90s. Americans to 85 or older are the fastestgrowing segment of the population. For many the long jeopardy means an additional three decades following what was once considered the time to retire. We need to plan to aid successfully and achieve the new chapter of continued growth
Chairman. You talked about managing risk, mr. Chairman. Would removing our only airborne brigade, b. C. T. , in the arctic, or the only b. C. T. In the asia pacific, would that do to our credibility . Would that boles you are our credibility in the arctic or asia pacific with regard to the rebalance . And you talk about risk. It seems to me Vladimir Putin is militarizing this part of the world. If were actually removing force, removing forces, our own arctic trained forces, thats a way to increase risk because we know he views weakness as being provocative. Theyre making a move in the arctic. If we start withdrawing troops, the 425 in particular, i think that heightens risk. Would either of you care to comment on that . General dempsey yes. I think it increases risk but some of the decisions, and youre talking about the army in this case, but some of the choices that the Service Troops have to make in terms of resources, you know, the army is tasked going from 490,000 active where they
About jobs. Now, donald trump has been polling very high, and he says he is the businessman. He is the one in america. We did things to actually mrr things in a blue state like wisconsin without compromising our principles. We had an Unemployment Rate of 8 , and its down to 4. 6 . We made up all the jobs we lost during the recession. Our Labor Participation rate is almost five points higher than it is nationally. I think those are the kind of Proven Results even in a blue state like wisconsin that are applicable to the rest of the country. There was another governor on the stage in the debate stage on thursday night, governor kasich from ohio, who has similar successful records as far as creating jobs and turning budgets around. Is that your competition . A governor with a successful track record. Well, i think the key there he has done a good job in ohio. I appreciate it. Im glad to be here in ohio. What makes us unique is we have fought and won and actually gotern accomplishments don
About jobs. Now, donald trump has been polling very high, and he says he is the businessman. He is the one in america. We did things to actually mrr things in a blue state like wisconsin without compromising our principles. We had an Unemployment Rate of 8 , and its down to 4. 6 . We made up all the jobs we lost during the recession. Our Labor Participation rate is almost five points higher than it is nationally. I think those are the kind of Proven Results even in a blue state like wisconsin that are applicable to the rest of the country. There was another governor on the stage in the debate stage on thursday night, governor kasich from ohio, who has similar successful records as far as creating jobs and turning budgets around. Is that your competition . A governor with a successful track record. Well, i think the key there he has done a good job in ohio. I appreciate it. Im glad to be here in ohio. What makes us unique is we have fought and won and actually gotern accomplishments don
Expected to grow modestly this year and a solid pace through the next few years. Although real adjusted inflation grew weekly in early 2015, the economy now appears to be on firmer ground and we expect the pace of Economic Activity to pick up over the next calendar year and the next few years. After that, we expect to see moderate to constrained early growth in the workforce. Real gdp will grow by 2 this calendar year, by 3. 1 in 2016, and by 2. 7 in 2017. Above its potential or maximum sustainable rate over that time frame. The economy will grow at an average rate of 2. 2 , equal to its real growth rate. This will be driven by consumer spending, business investment, and residential investment. Over the next few years, the faster pace in growth output is expected to reduce the quantity of underused resource, or slack, in the economy. The estimate was about 3. 4 in 2014. Cbo next to narrow that gap to its historical average by the end of 2017. Although labor Market Conditions continue t