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Keyword: babyboomers

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  • Little Haiti residents forced from home again as climate change upends Miami real estate

    03/23/2020 5:57:30 AM PDT · by Oldeconomybuyer · 29 replies
    CBS "News" ^ | March 23, 2020 | By TAYLOR MOONEY
    Louis Rosemont called Miami's Little Haiti neighborhood home for almost 40 years. He was part of one of the first waves of immigrants to build the community after fleeing a violent dictatorship in his homeland. But he has recently found himself exiled again — priced out of his home by rising rents as climate change rearranges the Miami real estate market. Little Haiti is a historically low-income neighborhood that sits inland, on land at double the elevation of wealthier neighborhoods along the beachfront. In Miami, a city often considered ground zero for the impacts of climate change, sea level rise...
  • The 115th Congress is among the oldest in History

    03/07/2020 3:19:10 AM PST · by EBH · 6 replies
    Today the average American is 20 years younger than their representative in Congress. This should come as no surprise, considering that over the past 30 years the average age of a Member of Congress has increased with almost every new Congress. In 1981, the average age of a Representative was 49 and the average of a Senator was 53. Today, the average age of a Representative is 57 and the average of a Senator is 61. This prompted us to take a further look at those graying averages. Democratic leaders in the House are two decades older than Republican leaders....
  • Social Security is now just a year away from this scary milestone

    01/06/2020 7:48:26 AM PST · by SeekAndFind · 79 replies
    The Motley Fool ^ | 01/06/2020 | Dan Caplinger
    2020 is here, and many people are excited about starting a new decade. Yet for those who watch Social Security's financial condition, New Year's Day just means we're a year closer to the challenges facing the key government program.This year is likely to be the last one that Social Security manages to keep its spending under a key psychological level. Starting in 2021, the amount of money that the Social Security Administration spends on benefits for retirees and survivors of retired workers will exceed $1 trillion for the first time -- and that's just the beginning of an upward surge...
  • Good riddance: The last gasp of Baby Boomer politics

    10/13/2019 8:51:10 AM PDT · by yesthatjallen · 38 replies
    The Hill ^ | 10/13/19 | Joe Ferullo
    The pitched battle over impeachment is the last-gasp struggle of a generation that has dominated American politics, media and culture for more than half a century — the Baby Boomers. It couldn’t happen to a nicer bunch of people. I say this as a member of that tribe (although one on the, ahem, younger end of the timeline), someone who’s lived through the endless political and cultural wars painted in stark black-and-white by a group that only sees life in terms of Us-vs.-Them. It’s a generation, convinced of its own importance, that refuses to leave the public stage: The president,...
  • This Is Why Woodstock 50 Was Just Canceled

    08/13/2019 8:00:47 PM PDT · by Tolerance Sucks Rocks · 57 replies
    Of the rock festivals of the sixties, the Woodstock Music and Art Fair was by far the most famous. Held on a 600-acre dairy farm near Bethel, N.Y. on August 15–17, 1969, the festival is the iconic representation of the drug-addled culture and sexual revolution that upended American life. This August marks the fiftieth anniversary of the era-defining event. Some have called for celebrating with another concert. The occasion is hardly a cause for celebration—so many of the cultural changes after Woodstock had catastrophic consequences. Most do not know that the concert was a disaster—even from an organizational point of...
  • Waterloo Of Boomer Catholics

    08/13/2019 8:12:28 AM PDT · by ebb tide · 93 replies
    The American Conservative ^ | August 12, 2019 | Rod Dreher
    Waterloo Of Boomer Catholics This is pretty amazing. A couple of Portland readers have sent me this story about what happened when the Catholic archbishop of Portland sent a priest in to reform a wackadoodle progressive parish that had gone native. The Oregonian’s report on it is hysterically biased, making the priest look like a monster; the reporter never once appears to have considered that Catholicism is a religion that has clear norms, and this parish’s previous leadership had seriously violated them, for a long time. Anyway, from the story about St. Francis parish, identified by the newspaper as having...
  • We Demand Dividends

    06/09/2019 4:43:32 AM PDT · by Kaslin · 37 replies
    Townhall.com ^ | June 9, 2019 | Gil Gutknecht
    Baby Boomers are retiring. Most are now starting to take their pensions and Social Security. The more fortunate are beginning to dip into their IRAs and 401Ks. As we reach this milestone, our views tend to harden. We are growing less tolerant. Some may call it cranky. We don’t buy a lot of the nonsense that is shoved down our throats by so many of the so called experts on television. We frequently find ourselves yelling back at them. We are even less tolerant of all the politically correct BS. As our circulation slows, we look forward to spending more time in...
  • We Demand Dividends

    06/09/2019 7:33:10 PM PDT · by vannrox · 27 replies
    Town Hall ^ | Posted: Jun 09, 2019 12:01 AM | Gil Gutknecht
    Baby Boomers are retiring. Most are now starting to take their pensions and Social Security. The more fortunate are beginning to dip into their IRAs and 401Ks. As we reach this milestone, our views tend to harden. We are growing less tolerant. Some may call it cranky. We don’t buy a lot of the nonsense that is shoved down our throats by so many of the so called experts on television. We frequently find ourselves yelling back at them. We are even less tolerant of all the politically correct BS. As our circulation slows, we look forward to spending more...
  • End of the Line - Part II

    05/22/2019 6:57:09 AM PDT · by NOBO2012 · 8 replies
    MOTUS A.D. ^ | 5-22-19 | MOTUS
    It may seem a bit anti-climatic but this is the story that stuck in my craw like a tablespoon of cinnamon - Boomer Bequest Is Millennial Misery –  subtitle: Saddled with student and public debt, today’s young adults will long pay the price for our elders’ folly. A hat tip to the copyeditor, just reading it raised my blood pressure. It also succinctly summarizes the article and lets you know out of the box that it was written by one of the aggrieved generation. Boomers invented the Happy Face which Millennials appropriated and turned into Frowny FaceBuckle up buttercups, this...
  • After the Boomers Are Gone, the Bloodshed Begins

    05/08/2019 7:29:06 AM PDT · by Altura Ct. · 64 replies
    The Boomer Age is drawing to its close. When one speaks of this group, it tends to mostly focus on white Boomers (not that others are outside the group, but to such a great extent, it really does mean those of mostly European background, if for no other reason than they have been the largest demographic group). When that age does end, we will see an ever dwindling European demographic majority in many Western nations (Canada and the USA are almost certainly the first, soon followed by a variety of European nations). That significant point of majority will be fading,...
  • After the Boomers Are Gone, the Bloodshed Begins

    05/08/2019 7:13:39 AM PDT · by SeekAndFind · 26 replies
    American Thinker ^ | 05/08/2019 | Cam Brown
    The Boomer Age is drawing to its close. When one speaks of this group, it tends to mostly focus on white Boomers (not that others are outside the group, but to such a great extent, it really does mean those of mostly European background, if for no other reason than they have been the largest demographic group). When that age does end, we will see an ever dwindling European demographic majority in many Western nations (Canada and the USA are almost certainly the first, soon followed by a variety of European nations). That significant point of majority will be fading,...
  • The Atlantic: The Most Politically Intolerant Americans Are Older White Liberals

    03/05/2019 8:43:07 AM PST · by E. Pluribus Unum · 29 replies
    The Daily Caller ^ | 10:14 PM 03/04/2019 | Scott Morefield
    Research commissioned by The Atlantic Magazine shows that older white liberals may just be the most politically intolerant group in the country. The article by Amanda Ripley, Rekha Tenjarla and Angela Y. He, published Monday and titled “The Geography of Partisan Prejudice,” utilized polling and analytics firm PredictWise to “create a ranking of counties in the U.S. based on partisan prejudice.” While its findings showed “significant variations in Americans’ political ill will from place to place, regardless of party,” it also found that groups the authors expected to display partisan animosity, such as immigrants, paled in comparison to “the most...
  • No Longer The Luckiest Generation: Boomer Finances Start To Roll Over

    02/04/2019 9:05:23 AM PST · by SeekAndFind · 88 replies
    Dollar Collapse ^ | 02/04/2019 | John Rubino
    We Baby Boomers timed it perfectly. We came of age during in an era of plentiful jobs and relatively high wages. Public pensions were generous. Stock, bond and home prices were low, and have since risen strongly, enriching anyone who managed to save regularly. College was (by current standards) insanely cheap, allowing us to upgrade our skills with minimal sacrifice. The result was a generation with high average net worth and, at first glance, a great shot at a comfortable retirement. But that’s an illusion, for several reasons. First, the “average net worth” stat masks the fact that many Boomers...
  • How the baby boomers — not millennials — screwed America

    04/26/2018 2:43:10 AM PDT · by Cronos · 125 replies
    Vox ^ | 12 Mar 2018 | Sean Illing
    Everyone likes to bash millennials. We’re spoiled, entitled, and hopelessly glued to our smartphones. We demand participation trophies, can’t find jobs, and live with our parents until we’re 30. But is the millennial hate justified? Have we dropped the generational baton, or was it a previous generation, the so-called baby boomers, who actually ruined everything? That’s the argument Bruce Gibney makes in his book A Generation of Sociopaths: How the Baby Boomers Betrayed America. The boomers, according to Gibney, have committed “generational plunder,” pillaging the nation’s economy, repeatedly cutting their own taxes, financing two wars with deficits, ignoring climate change,...
  • Harley-Davidson to launch first electric motorcycle within 18 months, but KC plant to close

    01/30/2018 10:32:22 AM PST · by rktman · 33 replies
    bizjournals.com ^ | 1/30/2018 | Patrick Leary
    Harley-Davidson Inc. announced early Tuesday with its fourth quarter 2017 earnings report that it is on track to launch its first electric motorcycle within 18 months and that it will invest more aggressively in the electric avenue in an attempt to inspire ridership. But on the flip side, the motorcycle manufacturer also revealed plans to close its Kansas City, Mo., plant and fold those operations into its Pennsylvania facility. The Milwaukee-based company's (NYSE: HOG) announcement on its significant commitment to the future of its motorcycle technology and plant closure comes as motorcycle sales fell 6.7 percent worldwide in 2017, with...
  • Firing the Pre-Pubertal Arquebus: A Sociological Treatise

    12/22/2017 5:07:21 AM PST · by Neoliberalnot · 40 replies
    Fredoneverything.org ^ | December 15, 2017 | Fred Reed
    Today we will ponder America, a country, even a civilization, that existed long ago where the United States is today, but bore little resemblance to it. It will be like studying cave drawings, or Sargon of Akkad. Pay attention. The is original source material of historical importance. I was there, in America: Athens, Alabama, at age twelve. Athens was small and Southern, drowsy in summer, kind of comfortable feeling, not much concerned with the outside world. It left the world alone and the world left it alone. In those days, people in a lot of places figured this was pretty...
  • How Aging Hippies’ Attacks on Families Created Entitled Younger Generations

    11/26/2017 10:29:54 PM PST · by Oshkalaboomboom · 15 replies
    Townhall.com ^ | Nov 27, 2017 | Rachel Alexander
    Fewer Millennials and youth in Generation Z are moving out of their parents’ homes than in recent previous generations. For the first time in the modern era, more 18- to 34-year olds live with their parents than in any other type of arrangement. That percentage reached its lowest point 45 years ago. In 1960, 62 percent of the nation’s 18- to 34-year-olds were living with a spouse or partner in their own household, and only one-in-five were living with their parents. How did this happen? The younger generations are used to their parents providing them with iPhones and cars. They’re...
  • At Least My Generation Will Have Our Revenge On The Millennials

    11/16/2017 4:26:21 AM PST · by Kaslin · 56 replies
    Townhall.com ^ | November 16, 2017 | Kurt Schlichter
    With all the awful things happening now – the discord, the anger, the stupidity – at least those of my generation can rest easy knowing that the Millennials are going to suffer after we’re gone. Sure, I’m going to die a lot sooner than them – unless someone invents some sort of expensive life extension potion that I can buy but they can’t because they will still be paying off their degrees in Oppression Studies and Virtue Signaling Arts until the year 2083. But at least I’ll know that we left them a suitably terrible world, since they are a...
  • This is why baby boomers are divorcing at a stunning rate

    09/06/2017 7:15:26 PM PDT · by BJ1 · 109 replies
    Market Watch ^ | 08/19/2017 | Angela Moore
    Looking ahead to the next phase of life can seem pretty dreadful if you can’t stand the person who you’ll be spending it with. That may be what some boomers are facing. Among U.S. adults ages 50 and older, the divorce rate has roughly doubled since the 1990s, according to a recent Pew Research Center report. Statistically speaking we’re healthier and probably going to be living a lot longer — possibly 30 years longer — than average retirees once did. The surge in late-in-life — or “gray” — divorce is one possibly unintended consequence of this so-called longevity bonus. Read:...
  • Baby boomers are refusing to sell and will age like a fine wine in their homes.

    08/15/2017 6:42:18 AM PDT · by Lorianne · 138 replies
    Older Americans own half of the houses in the market. Many are simply refusing to sell and others have adult “kids” moving back in since they can’t afford a place to rent or buy. It is a Catch 22 and many people are looking at countries like Italy where the number of adults that live at home is enormous. Multi-generational families just don’t coincide with the “rugged American” worldview where you go out on your own and you make it with your own two hands. Of course, many house humpers had mom and dad chip in but that doesn’t make...