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Keyword: boomers

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  • This Is What Life Without Retirement Savings Looks Like

    02/23/2018 5:30:43 AM PST · by C19fan · 69 replies
    The Atlantic ^ | February 22, 2018 | Alana Samuels
    Roberta Gordon never thought she’d still be alive at age 76. She definitely didn’t think she’d still be working. But every Saturday, she goes down to the local grocery store and hands out samples, earning $50 a day, because she needs the money. “I’m a working woman again,” she told me, in the common room of the senior apartment complex where she now lives, here in California’s Inland Empire. Gordon has worked dozens of odd jobs throughout her life—as a house cleaner, a home health aide, a telemarketer, a librarian, a fundraiser—but at many times in her life, she didn’t...
  • Many older Americans are living a desperate, nomadic life

    02/04/2018 8:54:17 AM PST · by qaz123 · 164 replies
    MarketWatch ^ | 4Feb18 | Richard Eisenberg
    The “workamper” jobs range from helping harvest sugar beets to flipping burgers at baseball spring training games to Amazon’s AMZN, +2.87% “CamperForce,” seasonal employees who can walk the equivalent of 15 miles a day during Christmas season pulling items off warehouse shelves and then returning to frigid campgrounds at night. Living on less than $1,000 a month, in certain cases, some have no hot showers. As Bruder writes, these are “people who never imagined being nomads.” Many saw their savings wiped out during the Great Recession or were foreclosure victims and, writes Bruder, “felt they’d spent too long losing a...
  • In 1983 ‘war scare,’ Soviet leadership feared nuclear surprise attack by U.S.

    10/25/2015 6:26:44 PM PDT · by sparklite2 · 50 replies
    Washington Post ^ | October 24, 2015 | David E. Hoffman
    A nuclear weapons command exercise by NATO in November 1983 prompted fear in the leadership of the Soviet Union that the maneuvers were a cover for a nuclear surprise attack by the United States, triggering a series of unparalleled Soviet military re­sponses, according to a top-secret U.S. intelligence review that has just been declassified. “In 1983, we may have inadvertently placed our relations with the Soviet Union on a hair trigger,” the review concluded.
  • California’s war on the emerging generation: Joel Kotkin

    05/01/2017 11:59:30 AM PDT · by Tolerance Sucks Rocks · 14 replies
    The Los Angeles Daily News ^ | April 30, 2017 | Joel Kotkin
    It should be the obligation of older citizens to try to improve the prospects for their successors. But, here in California, as seen in a new report issued by the Chapman Center for Demographics and Policy, we seem to have adopted an agenda designed to make things tougher for them.Millennials everywhere face many challenges. The U.S. Census Bureau estimates that, even when working full-time, they earn $2,000 less than the same age group made in 1980. Nationwide, a millennial with a college degree and college debt, according to a recent analysis of Federal Reserve data, earns about the same as...
  • PRESIDENT TRUMP: We Are ‘Sending an Armada, Very Powerful’ Including Submarines to North Korea

    04/11/2017 4:09:56 PM PDT · by Mariner · 193 replies
    The Gateway Pundit ^ | April 11th, 2017 | Jim Hoft
    President Donald Trump sat down with Maria Bartiromo for an interview that will air Wednesday at 6:00 AM ET on Fox Business Network. The president is expected to address the Syria airstrikes, the state of the U.S.-Russia relationship, new Supreme Court Justice Neil Gorsuch, his meeting with China’s president, his tough talk on North Korea and much more. During the interview that was prerecorded President Trump said he was sending an entire armada to North Korea including submarines. Via Chris Snyder:
  • The poll is open (vanity - voting)

    01/05/2017 12:33:33 PM PST · by SouthWall · 10 replies
    NotForLiberals.com ^ | 1/5/17 | Doug Wall
    Every two weeks, my small conservative website ask visitors to vote for their favorite conservative thought. Vote, then go to the categories and see some of the thoughts presented Not for Liberals Thank You
  • Conservative Kids Squander their Political Inheritance: An interview with Michael Walsh

    08/31/2016 11:00:34 AM PDT · by conservativecass · 7 replies
    American Greatness ^ | August 30, 2016 | Chris Buskirk
    Michael Walsh is an acclaimed novelist, music critic, and screenwriter now filling the role of prophet. He joined us on the show to discuss his excellent book, The Devil’s Pleasure Palace: The Cult of Critical Theory & The Subversion of the West. In a fascinating conversation we somehow never got to discuss the book directly, so focused were we on the manifold examples of the subversion of the West that we see around us, in particular those within American conservatism itself.
  • Graying of America could hit Sarasota hard

    03/14/2016 7:14:30 PM PDT · by Tolerance Sucks Rocks · 23 replies
    Tampa Bay Business Journal ^ | March 14, 2016 | Margie Manning
    The economic boom that Florida is experiencing now from population gains could lead to labor shortages and a drain on state resources in the future, according to a new report from the Federal Reserve Bank of Atlanta. Sarasota could be among the communities hardest hit by the graying of America, the report said. That’s because the city is an affluent community, and it may be hard for the caregivers who serve the elderly and tend to be lower paid to afford to live there, the report said.
  • Baby boomers are what’s wrong with America’s economy

    11/06/2015 8:07:55 AM PST · by MadIsh32 · 188 replies
    Washington Post ^ | 11/05/2015 | Jim Tankersley
    If anyone deserves to pay more to shore up the federal safety net, either through higher taxes or lower benefits, it’s boomers — the generation that was born into some of the strongest job growth in the history of America, gobbled up the best parts, and left its children and grandchildren with some bones to pick through and a big bill to pay. Politicians shouldn’t be talking about holding that generation harmless. They should be asking how future workers can claw back some of the spoils that the “Me Generation” hoarded for itself.
  • The American middle class isn’t coming back — it’s going to die with the Baby Boomers

    06/15/2015 12:22:04 PM PDT · by Cincinatus' Wife · 168 replies
    Salon ^ | June 15, 2015 | Scott Timberg
    It’s no secret that the American middle class has been on the ropes for a while now. The problem isn’t just a crippling recession and an economic “recovery” that has mostly gone to the richest one percent, but the larger shifting of wealth from the middle to the very top that’s taken place since the late ‘70s. Add in things like the dismantling of unions that has accelerated apace since Ronald Reagan crushed the air-traffic controllers, and we’ve seen the middle class more solid in places like Canada, Germany, and Scandinavia, and begin to grow in a number of nations...
  • No helmets or seat belts? Baby boomers lived dangerously by today's standards

    04/14/2015 3:48:13 PM PDT · by ButThreeLeftsDo · 71 replies
    StarTribune.com ^ | 4/14/15 | JEFF STRICKLER
    By today’s safety standards, every baby boomer should have been dead by the time we were 12. We defied danger on a daily basis. We never knew that we were doing risky things, of course; we just thought that we were having fun. Nonetheless, we spent our days immersed in activities that we’d never for a second allow our children or grandchildren to do. Or even think about doing. Here are some of the ways we courted trouble:
  • What Is the Future of Gen-X Manhood? Adam Carolla Vs Chuck Palahniuk?

    03/15/2015 2:57:19 AM PDT · by Publius804 · 22 replies
    PJ Media ^ | February 26, 2015 | Mark Ellis
    Submitted again for consideration, Adam Carolla, born as his very cohort, Generation X, was beginning in 1964. Joining him in this chapter is writer Chuck Palahniuk, born in 1962, another prominent Gen X cultural figure. Consider now, as the swath of humanity that followed the boomers reaches full majority, in fullest possession of its powers, how variant Carolla/Palahniuk countercultures confront what we see on the horizon. How will the legacy of Generation X be written from this point forward? How will a generation’s power-players and cultural icons impact, for example, policymaking on healthcare, strategies for dealing with the radical Islamist...
  • If millennials are jerks, blame the baby boomers

    09/03/2014 8:12:30 AM PDT · by C19fan · 73 replies
    Yahoo ^ | September 2, 2014 | Rick Newman
    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...
  • Don't Blame "Boomers" For Not Retiring - they simply can't afford to.

    05/15/2014 1:08:17 PM PDT · by SeekAndFind · 22 replies
    Street Talk Live ^ | 05/15/2014 | Lance Roberts
    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...
  • Drug Use Booming Among Baby Boomers

    09/08/2013 11:59:07 AM PDT · by nickcarraway · 83 replies
    SF Weekly ^ | Fri., Sep. 6 2013 | Chris Roberts
    The old folks are showing the kids these days how it's done. That is, people over 50 are turning to drugs more so than their kids and grandkids. Drug use among people aged 50 to 64 has "doubled" over the past decade, according to the U.S. government. Of the 23.9 million Americans who are current drug users, 7.2 percent of people between 50 and 64 years old reported using illicit drugs -- which is still less than the nearly 10 percent of "children and teenagers" who use illegal drugs, according to an annual survey of drug use. The most-popular drug...
  • Huge shortage of caregivers looms for baby boomers, report says

    08/26/2013 8:34:06 AM PDT · by upbeat5 · 64 replies
    The Washington Post ^ | August 25, 2013 | Tara Bahrampour
    Americans should expect an enormous shortage in caregivers for older people in the coming decades, with a dearth of friends and family members available to care for the baby-boom generation as it ages, according to a report released Monday by AARP. The report, “The Aging of the Baby Boom and the Growing Care Gap,” projects that by 2030 there will be only four potential caregivers available for each person 80 or older, down from a high of more than seven in 2010. By 2050, when boomers are between 86 and 104, the ratio will drop below 3 to 1. Currently,...
  • Who Raised These Millennials Anyway?

    08/13/2013 7:04:15 AM PDT · by Publius804 · 64 replies
    Christianity Today ^ | Aug 6 2013 | Michelle Van Loon
    We once sang about hoping to die before we got old, but quite a few of my fellow baby boomers have begun to sound like a cross between 1960s sitcom crank Granny Clampett and the 1980s SNL Church Lady when it comes to our kids' generation. I've heard some in my age group lament that the millennials refuse to grow up. I've eavesdropped few remarks like, "Back when I was my son's age, I had a decent job and a mortgage. But you can't get a mortgage on a barista's salary. Come to think of it, back when I was...
  • My generation: hatin’ on the boomers

    05/05/2013 6:12:39 AM PDT · by Lonesome in Massachussets · 71 replies
    Neo-Neocon Blog ^ | May 4, 2013 | Megan McArdle
    I couldn’t help but notice the amount of boomer-directed venom expressed in the comments section of yesterday’s thread. I’ve noticed it many times before. Actually, I’ve noticed it almost every time I write about—well, about my generation. And here I think we need a musical interlude: < snip> Note, of course, the verse: People try to put us d-down (Talkin’ ’bout my generation) Just because we get around (Talkin’ ’bout my generation) Things they do look awful c-c-cold (Talkin’ ’bout my generation) I hope I die before I get old (Talkin’ ’bout my generation)
  • Baby boomers may die with college debt

    04/16/2013 3:22:15 PM PDT · by rightwingintelligentsia · 42 replies
    MSN Money ^ | April 16, 2013 | Aimee Picchi
    Baby boomers are easing into retirement, but some may find their golden years are haunted by student loan debt that could follow them until they die. It's not their children's debt, however -- it's their own. Many boomers returned to graduate school during the recession to bolster their skills, reports the Chronicle of Higher Education. Student loan debt is actually growing fastest among people over 60, the report notes. More than 2 million Americans over 60 owe student loan debt, with the average balance standing at about $19,500, up from just under $11,000 in 2005, according to the Federal Reserve...
  • Do You Want To Scare A Baby Boomer?

    01/17/2013 9:02:32 PM PST · by blam · 168 replies
    TEC ^ | 1-17-2013 | Michael Snyder
    Do You Want To Scare A Baby Boomer? By Michael Snyder January 17th, 2013 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...