Keyword: babyboomers
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Last month — gulp — I turned a quarter-century old. To the boomers rolling your eyes right now and thinking, Twenty-five? You’re just a kid! I say this: Yes, by some standards, I am. By Beyoncé’s standards, I should have at least six albums and a fashion line under my belt. Regardless, 25 feels significant to me, so when I came across the headline “25 is the New 21” on The Atlantic’s website, I was intrigued — and soon, discouraged. Meet Emma, recent college graduate, daughter of the article’s author, Randye Hoder, and, apparently, exemplar of my generation’s extended childhood....
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Volkswagen hopes to put more robots to work as it says goodbye to its retiring baby boomer employees, the company’s chief of human resources wrote in the Süddeutsche Zeitung on Monday. […] “In the German auto industry, labor costs are more than €40 per hour; eastern European labor costs €11; in China, it’s still than less than €10,” (Horst) Neumann wrote. “A current robotic replacement for assembly work currently costs around €5 an hour. Predictably, next-generation robotics will be even cheaper. We have to take make the most of this price advantage.” …
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Dr. Ezekiel Emanuel, one of the chief architects of the Affordable Care Act, says people should want to die at age 75. “Let’s face it, the vast majority of those over age 75 have nothing positive to contribute to society,” Emanuel wrote in an essay for Atlantic. “In both physical and mental terms they’re pretty accurately described as ‘decepit.’ Their bodies and minds are just rotting in their shells.” “It would be best if they could be persuaded to exit peacefully at their own hand—perhaps with the aid of a physician-prescribed suicide drug,” Emanuel suggested. “Heaven knows this would be...
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Many problems with kids can be traced to their parents. So why have millennials been singled out as a uniquely depraved generation? Weren’t they raised by somebody? For those who may have missed the latest skirmish in America’s generational warfare, a new survey by marketing firm DDB finds millennials — those between 19 and 34 years old, more or less — may be more venal and self-aggrandizing than older folks. They’re more likely to consider themselves workaholics — even with a work ethic their elders find lacking — and a scandalous 27% of millennials say they’d take credit for a...
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At the time, it must have all seemed unforgettable: the endless revelations of wrongdoing, the painful congressional investigation and, finally, the soft black-and-white image of Richard Nixon resigning the presidency.But ask today’s students about the events of Watergate 40 years ago and odds are that many have never heard of the scandal, or, at best, are vaguely aware that something happened once that lives on in a suffix attached to the occasional controversy. major reason is that in U.S. classrooms and textbooks, the discussion of Watergate is going the way of the Teapot Dome Scandal and the Petticoat Affair: increasingly...
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"Tea party members don't think there's a federal role in transportation!" complained Sen. Sherrod Brown, D-Ohio, last week, near the site of a $5.8 million highway project. If only most tea party members were that radical. While Brown and other big-government folks worry that Republicans will cut spending, Republicans debate adding another $10.5 billion to the Highway Trust Fund to keep it going another year -- without deciding how to reform it. Now, there's no doubt some roads and bridges need work. But too little transportation money spent by government goes to building and repairing roads. As Cato Institute transportation...
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The median age declined in seven states between 2012 and 2013, including five in the Great Plains, according to U.S. Census Bureau estimates released today. In contrast, the median age for the U.S. as a whole ticked up from 37.5 years to 37.6 years. These estimates examine population changes among groups by age, sex, race and Hispanic origin nationally, as well as all states and counties, between April 1, 2010, and July 1, 2013. "We're seeing the demographic impact of two booms," Census Bureau Director John Thompson said. "The population in the Great Plains energy boom states is becoming younger...
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Even as millions of baby boomers approach retirement, the Social Security Administration has been closing dozens of field offices, forcing more and more seniors to seek help online instead of in person, according to a congressional report being released Wednesday. The agency blames budget constraints. As a result, seniors seeking information and help from the agency are facing increasingly long waits, in person and on the phone, the report said. Social Security has closed 64 field offices since 2010, the largest number of closures in a five-year period in the agency’s history, according to a report by the bipartisan staff...
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"When officers pulled Short over it was for a routine traffic stop. Since he's on supervised release for previous meth sales they searched his car. "When the officers searched the car they located four ounces of methamphetamine in the car, which is a lot of methamphetamine, so that's consistent with somebody who's selling," said Fresno police Lt. Joe Gomez. After searching his apartment, they found a half pound of meth, heroin and materials for a meth lab. "Just shocking someone that age would do that, but actually a perfect place to do it, right? Retirement village, who would suspect it...
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Every month when the employment data is released there is an almost immediate debate that erupts over the Labor Force Participation Rate. Like any good boxing match, both sides take to their corners. Defenders argue the decline is primarily due to retiring "baby boomers" and demographic trends while opponents suggest that it is a sign that employment remains far weaker than headlines suggest.As I discussed previously, recent employment increases, while encouraging have been little more than a function of population growth. As the population grows, incremental demand increases caused by that increase in population will create employment needs in areas...
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When Robin McLane’s generation hit public schools in the 1950s, there were never enough classrooms or teachers to accommodate the bulge, she said. So she’s not surprised about the latest shock that boomers are delivering to the U.S. economy. “People all around me, relatives and friends, are either retiring, or they’re finding it’s very difficult to find work anywhere from 55 on,” said the 65-year-old, who lives in Portsmouth, New Hampshire, and retired from her job as a high school literacy specialist in June. “For me, I was ready to move on.” The share of Americans in the labor force,...
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<p>CHICAGO (AP) -- It's an assertion that has been accepted as fact by droves of the unemployed: Older people remaining on the job later in life are stealing jobs from young people.</p>
<p>One problem, many economists say: It isn't supported by a wisp of fact.</p>
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A gift of days with the extended family stretching from Thanksgiving through Cyber Monday inevitably invites reflection on the fields of folly where we find the rising generations at work and play. Youth, beautiful in its blossoming, arrives with predictable attitude, often illustrated by various piercings and tattoos. They're adolescents forever in search of a way to make the "meaningful" statement, as elusive as the maturity that lies ahead. Babies, naturally, are exempt from criticism, gurgling and sucking their thumbs, blissfully unaware that the Brobdingnags around them are blowing their inheritance on big-government deficits. But as the seniors say, leaving...
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LOS ANGELES — After 20 years in the US military, James Cummiskey was divorced and looking for a change. Relenting to his buddy's request, he flew to Medellín, Colombia, for a visit. He looked, he saw, and, by dinner time, he decided to stay. Permanently. "After four to five hours, I was immediately captured by everything I saw," says the ex-marine, who has lived in 35 countries. He spent the next four months selling two homes, three vehicles, two motorcycles, and one airplane. He put the money aside and decided to retire early. Now he lives in a posh section...
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We are the generation that changed everything. Of all the eras and epochs of Americans, ours is the one that made the biggest impression—on ourselves. That's an important accomplishment, because we're the generation that created the self, made the firmament of the self, divided the light of the self from the darkness of the self, and said, "Let there be self." If you were born between 1946 and 1964, you may have noticed this yourself. That's not to say we're a selfish generation. Selfish means "too concerned with the self," and we're not. Self isn't something we're just, you know,...
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Baby Boomers might not be aware of the harm to their health that could come from high levels of copper and iron in the blood stream. Of course, that's because you haven't seen any public health messages and probably haven't been warned by your doctor that you could be ingesting either of the two from unknown sources that can put you at risk for a variety of common health problems that we shrug off as inevitable with aging. Iron is necessary to carry oxygen throughout the body. Copper helps our body use iron, protects our nerve cells and is important...
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October 31, 2013 Spoiled, greedy, indifferent boomers infest Obama’s self-indulgent White House Wesley Pruden The Obama White House suffers from “the ‘60s disease.” The affliction seems to be terminal. The president’s men — and women — are mostly boomers, spoiled, greedy and self-centered, nurtured and indulged in the decade of the 1960s, when the culture first began to rot. The boomers taught each other many things, how to turn up the volume on their “music,” where to find the best pot and where to crash to smoke themselves into mellow stupefaction, how to avoid taking responsibility for their blunders, and...
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One of the great American assumptions — that while individuals and families may rise and fall, each generation will end up on average better off than the one that preceded it — has been the subject of much scrutiny in the past decade. Democrats and their affiliated would-be wealth redistributors have argued that the large income gains enjoyed by the highest-paid workers threaten the American dream of ever-upward generational mobility, while others have worried that the housing meltdown and the Great Recession, which inflicted serious damage on the net worths of many American families, now stand in the way of...
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The younger generation will ask of us, "what were you thinking?" Somehow I caught the bug that "I am not really worth very much unless I have something more."
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Submitted by Michael Snyder via The Economic Collapse blog, If you want to frighten Baby Boomers, just show them the list of statistics in this article. The United States is headed for a retirement crisis of unprecedented magnitude, and we are woefully unprepared for it. At this point, more than 10,000 Baby Boomers are reaching the age of 65 every single day, and this will continue to happen for almost the next 20 years. The number of senior citizens in America is projected to more than double during the first half of this century, and some absolutely enormous financial promises...
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