Keyword: boomers

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  • Don't Blame "Boomers" For Not Retiring - they simply can't afford to.

    05/15/2014 1:08:17 PM PDT · by SeekAndFind · 21 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...
  • The Squeeze

    11/21/2012 8:30:14 PM PST · by madison10 · 8 replies
    Self | 11/21/2012 | MaddieTen
    The Squeeze: An Economic Theory Premise of the book: A western country is running low on funds to keep their economy, with its soon-to-be totally dependent peoples, rolling along. Ruling from the shadows is an evil governing body, let's call them, hmmmm..."The Squeezers," that come up with what they believe to be a brilliant plan. The Plan: They make a law so impossible to follow and difficult to understand that it is always open to interpretation, totally fluid. The Care Institutions are forced to follow the law and in doing so the Squeezed who have been saving, working and watching...
  • The New Normal: Baby Boomer Tribal Communities - Obama's vision for your retirement

    11/19/2012 11:20:58 AM PST · by hope_dies_last · 28 replies
    Trib Total Media ^ | September 17, 2012 | Craig Smith
    A generation of Americans who embraced communal living in the 1960s is again considering that concept and other ways to coexist as they near retirement. This time, they’ve traded peace signs for dollar signs. “By force of sheer volume, the (baby boomers) who in 1968 thought they would change the world by 2028 actually will,” said Andrew Carle, founding director of the Program in Senior Housing Administration at George Mason University in Fairfax, Va. Over the next three decades, one in five U.S. citizens will turn 65 or older, Carle said. They’ll control more than half of the discretionary income,...
  • Are Millennials the Screwed Generation?

    07/17/2012 8:00:56 AM PDT · by C19fan · 67 replies
    Daily Beast ^ | July 16, 2012 | Joel Kotkin
    Today’s youth, both here and abroad, have been screwed by their parents’ fiscal profligacy and economic mismanagement. Neil Howe, a leading generational theorist, cites the “greed, shortsightedness, and blind partisanship” of the boomers, of whom he is one, for having “brought the global economy to its knees.” How has this generation been screwed? Let’s count the ways, starting with the economy. No generation has suffered more from the Great Recession than the young. Median net worth of people under 35, according to the U.S. Census, fell 37 percent between 2005 and 2010; those over 65 took only a 13 percent...
  • It Can Happen Here: Europe’s Screwed Generation and America’s

    06/04/2012 9:32:35 AM PDT · by C19fan · 14 replies
    Daily Beast ^ | June 4, 2012 | Joel Kotkin
    In Madrid you see them on the streets, jobless, aimless, often bearing college degrees but working as cabbies, baristas, street performers, or—more often—not at all. In Spain as in Greece, nearly half of the adults under 25 don’t work. Call them the screwed generation, the victims of expansive welfare states and the massive structural debt charged by their parents. In virtually every developed country, and increasingly in developing ones, they include not only the usual victims, the undereducated and recent immigrants, but also the college-educated.
  • Are Baby Boomers Stealing Jobs from the Young? (Part 1)

    05/12/2012 6:28:23 AM PDT · by Kaslin · 312 replies
    Townhall.com ^ | May 12, 2012 | Political Calculations
    Walter Russell Mead writes on the disappearance of jobs for non-Baby Boomers: An analysis of recent jobs figures at Investor.com reveals a disturbing development: the biggest beneficiaries from the economic recovery are Boomers, while everyone else is getting the shaft. Since the Obama administration took office, there has been an epochal shift. Young workers have continued to lose jobs and incomes, while older workers have actually gained ground. In fact, the Obama administration has seen a boom in the prospects of the 55+ crowd; their (I should say ‘our’) employment stands at a 42 year high. Net, there are 3.9...
  • Interest Rate Pressure Creating "Perfect Storm" of Corporate Pension Deficits

    10/06/2011 11:58:09 AM PDT · by the invisib1e hand · 6 replies
    Train of Thoughts ^ | 100611 | Train of Thoughts
    This is a big story that you're not hearing much about. cites a forbidden source: This is nearly a half-trillion dollars that the Federal government is on the hook for, which might not be showing up in deficit numbers. Another "perfect storm."
  • Sorry, But Housing And Car Sales Just Do Not Show A Coming Recession

    10/06/2011 12:12:55 PM PDT · by blam · 17 replies
    TBI - The Bonddad Blog ^ | 10-6-2011 | New Deal democrat
    Sorry, But Housing And Car Sales Just Do Not Show A Coming Recession New Deal democrat, The Bonddad Blog Oct. 6, 2011, 1:45 PM ECRI's recession call has justifiably gotten much coverage. On the other hand, many have noted the lack of transparency of their method, making reliance on them a matter of trust rather than testing. An alternative to their approach is based on the research of UCLA Anderson School Prof. Edward Leamer. Prof. Leamer made an excellent presentation (pdf) about the progression of business cycles at Jackson Hole in 2007. It is research I have relied on many...
  • No Rise in Home Prices Until 2020: Bankers

    09/30/2011 11:24:02 PM PDT · by 2ndDivisionVet · 23 replies
    CNBC ^ | September 30, 2011 | Karina Frayter, CNBC Markets Producer
    Home prices are unlikely to recover before 2020 and mortgage defaults will persist for years, says a survey of bank risk managers out Friday. The survey conducted by the Professional Risk Managers’ International Association for FICO, found that 49 percent of respondents do not expect housing prices to rise back to 2007 levels for another nine years. Only 21 percent of respondents said they would. The findings, which authors called “a decidedly pessimistic outlook”, are a sharp reversal from cautious optimism the survey respondents expressed late last year and in early 2011. In addition, 73 percent of surveyed bankers say...
  • Poll: Voters disagree that Social Security is a “monstrous lie”

    09/13/2011 12:06:00 PM PDT · by SeekAndFind · 61 replies · 1+ views
    Hotair ^ | 09/13/2011 | Tina Korbe
    Even after an op-ed in USA Today and a strong exposition of his position in last night’s debate, Rick Perry still draws heat for his characterization of Social Security as a “monstrous lie.” A new CNN/ORC poll, for example, reveals that 72 percent of registered voters say Perry’s description of the program is “inaccurate,” while just 27 percent say it is “truthful.” More of the breakdown from WSJ’s Washington Wire: The survey also shows that 59 percent of tea party supporters disagree with Mr. Perry’s characterization.Still, 55 percent of those polled say there’s a serious problem with Social Security that...
  • Boomer retirement could slow U.S. recovery

    08/22/2011 3:33:07 PM PDT · by KeyLargo · 51 replies
    chicagotribune.com ^ | Aug 22 2011
    Boomer retirement could slow U.S. recovery CNNMoney 12:02 PM CDT, August 22, 2011 The aging of the U.S. baby boom generation may slow an already weak recovery as boomers sell stocks to pay for retirement, according to research released Monday from the San Francisco Federal Reserve Bank. Many baby boomers have already sold some assets in preparation for retirement, research adviser Zheng Liu and Mark Spiegel, vice president of economic research, said in the latest San Francisco Fed Economic Letter.
  • Boomers Will Be Pumping Billions Into Anti-Aging Industry

    08/20/2011 5:05:02 PM PDT · by Publius804 · 34 replies
    lfdnews.com ^ | 08.20.2011 | N/A
    Baby boomers face of what used to be called the retirement age are offering 70 million members strong market for the legions of companies, entrepreneurs and plastic surgeons willing to take advantage of their “forever young” mode think, either through wrinkle creams, face lifts or training schemes. That adds to the potential bonanza. Market research firm Global Industry Analysts projects that fuel the boom in consumer base, “seeking to keep the dreaded signs of aging at bay,” will drive the U.S. market anti-aging products for about $ 80 million today to more than $ 114 billion by 2015. The baby...
  • Boomers Fleece Generation X with Social Security (December 12, 2001)

    08/13/2011 1:13:31 PM PDT · by Publius804 · 73 replies
    Cato.org ^ | December 12, 2001. | Thomas A. Firey
    Generation Xers and Gen-Yers like me have a hard time showing interest in what goes on in Washington. But we had better end our apathy -- and soon -- or we'll spend the rest of our lives paying for it. Members of the generation that came before us -- the Baby Boomers -- are trying to pull a scam under the guise of "protecting" Social Security. If they succeed, we -- and our children -- will be the poorer for it. Everyone knows Social Security is in trouble (and President Bush's Commission to Strengthen Social Security released its report on...
  • It's Bootstrap Time for Generation X

    08/13/2011 12:55:19 PM PDT · by Publius804 · 19 replies · 1+ views
    Real Clear Politics ^ | August 13, 2011 | Reed Galen
    Richard Ben Kramer’s seminal work on running for the presidency, What It Takes, introduced the idea of the ‘looking in the mirror’ moment. It was the second when an individual awoke, looked themselves in the eye, and decided that running the rigorous gauntlet of a campaign was worth it. I believe we as a country, and more specifically those of us in the Gen X cohort, are looking in the mirror today. The question facing us is essentially the same: do we have what it takes? Folks should be forgiven for asking, “For God’s sake, what’s next?” For any number...
  • Are baby boomers to blame for debt crisis?

    07/30/2011 10:32:57 PM PDT · by rabscuttle385 · 215 replies
    CNN ^ | 2011-07-29 | Ed Hornick
    Baby boomers -- those born between 1946 and 1964 -- have been described as "the pig in the python" and the "sandwich generation." They lived well, grew up in relative abundance and, some say, expected their Social Security, health care and government support to be there as they grew old. Now, as the future of the country's economy is up in the air, is this group of 80 million aging Americans -- many of whom are sprinting toward retirement age -- the ones to blame for the nation's shaky economic system? (snip) Thomas Firey, a senior editor at the conservative...
  • Obama says he cannot guarantee Social Security checks will go out on August 3

    07/12/2011 10:26:51 AM PDT · by Nachum · 156 replies
    CBS News ^ | 7/12/11 | Corbett B. Daly
    President Obama on Tuesday said he cannot guarantee that retirees will receive their Social Security checks August 3 if Democrats and Republicans in Washington do not reach an agreement on reducing the deficit in the coming weeks. "I cannot guarantee that those checks go out on August 3rd if we haven't resolved this issue. Because there may simply not be the money in the coffers to do it," Mr. Obama said in an interview with CBS Evening News anchor Scott Pelley, according to excerpts released by CBS News. The Obama administration and many economists have
  • 8 Great Places to Retire Abroad(In case Obama is re-elected)

    07/09/2011 11:11:57 AM PDT · by ilovesarah2012 · 107 replies · 1+ views
    yahoo.com ^ | July 9, 2011 | Donna Fuscaldo
    Great places to retire can be found outside of Florida and Arizona. In fact, many can be found outside of the U.S. entirely. Safe, attractive and affordable places to retire are scattered across the globe, from Latin America to Asia and even Europe. We've narrowed our list to eight overseas retirement hot spots. Two factors critical to retirees (and their wallets) shaped our choices: cost of living and health care. To make our picks we consulted several experts on travel, tourism and overseas retirement, including Jennifer Stevens, executive editor of International Living, and Kathleen Peddicord, publisher of LiveandInvestOverseas.com. We also...
  • Editorial: Where's The Outrage About Budget Impasse?

    07/07/2011 5:59:42 PM PDT · by Kaslin · 7 replies
    IBD Editorials ^ | July 7, 2011 | Staff
    Debt Reduction: The president happily announces "a very constructive meeting" with Republicans to resume debt-ceiling negotiations. Taxpayers should demand the one and only solution: huge spending cuts, period. Back during the Cold War, the left here and in Europe unsuccessfully peddled the notion of moral equivalency between the U.S. and the USSR, as if a regime that shot or starved tens of millions of its own people could be viewed through the same lens as the freest, most prosperous nation in history. On Thursday, the president presented himself and his fellow spendaholics as morally equivalent to the House's new Republican...
  • Freep a Poll! (Should medicare, medicaid and SS be on the table for deficit reduction?)

    07/07/2011 5:32:28 PM PDT · by dynachrome · 53 replies
    baltimoresun.com ^ | 7-7-11 | Baltimore Sun
    Reforming entitlements Should changes to the major federal entitlement programs (Medicare, Medicaid and Social Security) be on the table as President Barack Obama and Republicans negotiate to reduce the deficit? Yes No Not sure
  • Social Security throws young Americans’ money over the cliff

    07/03/2011 4:03:53 PM PDT · by rabscuttle385 · 87 replies
    One of my earliest memories of revulsion against war came from seeing a photograph from the First World War when I was a teenager. It was nothing gory. Just a picture of a military officer, in an impressive uniform, talking to a puzzled and forlorn-looking old peasant woman with a cloth wrapped around her head. He said simply: “Don’t you understand, madam? The village is not there any more.” To many such people of that era, the village was the only world they knew. And to say that it had been destroyed in the carnage of war was to say...
  • Bureaucratic Insanity

    06/30/2011 12:18:36 PM PDT · by neverdem · 5 replies
    NATIONAL REVIEW ONLINE ^ | June 29, 2011 | E. Fuller Torrey
    Bureaucratic InsanityFrom the June 20, 2011, issue of NR. Some federal-budget cutters claim that we have already picked all the low-hanging fruit. Those of us who work in Washington know better, although it is not considered polite to say so. One counterexample is SAMHSA, a federal health agency distinguished by the fact that the health of its clients would improve if it went out of business. The acronym stands for the Substance Abuse and Mental Health Services Administration, a $3.6 billion component of the Department of Health and Human Services. It employs 537 people, who have an average salary of...
  • The continuing devastation of the subprime crisis

    06/08/2011 7:56:45 PM PDT · by Jim 726 · 12 replies · 1+ views
    The Union ^ | Ralph Migliozzi
    The subprime crisis has spread well beyond the victims of those loans. The residue of the crisis spread to the economy and began to affect those who had lost their jobs, their equity and finally their homes. All of us have been touched by friends and loved ones who had to leave their homes. The subprime crisis was caused primarily by the crash of real estate values and not by risky loans. Since then, several variables have contributed to the rise of record foreclosures. Loan modifications were widely marketed as easy solutions to homeowners facing payment default. As most discovered,...
  • Summer job bummer: Teen unemployment 24 percent

    06/05/2011 7:49:19 PM PDT · by MinorityRepublican · 18 replies
    CBS News ^ | June 4, 2011 | Bill Whitaker
    The latest numbers show the unemployment rate stands at 9.1 percent, with the pace of job growth slowing. When it comes to new jobs, 70 percent of those are coming from small businesses, but many of them are struggling just to hang on. Small businesses are often responsible for filling the summer job needs of America's teenagers. CBS News correspondent Bill Whitaker reports that many 16- to 19-year-olds are finding the going rough when it comes to finding work once school is out. Nearly 14 million Americans are looking for work The Labor Department says the unemployment rate for those...
  • Bad Housing Data: It's Worse Than You Think

    06/03/2011 6:35:44 AM PDT · by jazminerose · 7 replies
    www.joytiz.com ^ | 6/3/11 | Joy Tiz
    Yesterday’s Case Shiller housing data was scary enough all by itself–housing prices have dropped a whopping 5% just in the past year. What nobody is factoring into the equation yet is one of the government’s favorite weapons of mass destruction–FHA loans. Taxpayer insured mortgages are all the rage as conventional loans have become harder to come by. Now that all of the cows have escaped and been run over by semi trucks, lenders have sealed the barn door shut and requiring borrowers to prove they can actually repay their loans as well as put up some kind of down payment....
  • The Revenge of the “Worst Generation”

    03/05/2011 10:04:19 AM PST · by Wanderer659 · 121 replies
    Conservative Hideout ^ | 3-5-11 | Matt
    I have often said to my mother, who is a baby boomer and liberal, that my generation (Gen X), would have to clean up the mess that her generation left behind. As time wears on, that statement rings more and more true.
  • Graying Audience Returns to Movies

    02/27/2011 10:21:57 PM PST · by dr_lew · 25 replies
    New York Times ^ | 2/25/11 | Brooks Barnes
    LOS ANGELES — Hollywood and older Americans have never had much use for each other. The 50-plus crowd doesn’t go to opening weekends or buy popcorn; a youth-obsessed Hollywood has happily ignored them.
  • The World Won't Be Aging Gracefully. Just the Opposite.

    01/22/2011 10:27:02 PM PST · by rdb3 · 12 replies · 1+ views
    WaPost ^ | January 4, 2009 | Neil Howe and Richard Jackson
    The World Won't Be Aging Gracefully. Just the Opposite. By Neil Howe and Richard JacksonSunday, January 4, 2009 The world is in crisis. A financial crash and a deepening recession are afflicting rich and poor countries alike. The threat of weapons of mass destruction looms ever larger. A bipartisan congressional panel announced last month that the odds of a nuclear or biological terrorist attack somewhere in the world by the year 2014 are better than 50-50. It looks as though we'll be grappling with these economic and geopolitical challenges well into the 2010s. But if you think that things couldn't...
  • A Mass Nervous Breakdown of the Left

    10/25/2010 12:02:06 AM PDT · by truthfreedom · 29 replies
    American Thinker ^ | 10/25/10 | Mark J. Fitzgibbons
    ... There have been many other instances -- too many to mention in this piece -- but I don't recall ever seeing the like of the disproportionate, unhinged attacks on Christine O'Donnell for her statements addressing the Establishment Clause in her Widener Law School debate with Chris Coons. The left couldn't possibly want that one Delaware Senate seat enough to match their vitriol. It's important to understand the context in which the Establishment Clause issue was addressed at the debate. Chris Coons said that only evolution must be taught in schools, and that intelligent design is prohibited from being discussed,...
  • For the Unemployed Over 50, Fears of Never Working Again

    09/20/2010 8:55:39 AM PDT · by Pining_4_TX · 80 replies
    The New York Times ^ | 09/19/10 | Motoko Rich
    Patricia Reid is not in her 70s, an age when many Americans continue to work. She is not even in her 60s. She is just 57. But four years after losing her job she cannot, in her darkest moments, escape a nagging thought: she may never work again. College educated, with a degree in business administration, she is experienced, having worked for two decades as an internal auditor and analyst at Boeing before losing that job. But that does not seem to matter, not for her and not for a growing number of people in their 50s and 60s who...
  • Millennials vs. boomers: You twerps owe us everything

    09/12/2010 3:44:54 PM PDT · by Impala64ssa · 95 replies
    Times Herald Record Middletown, NY ^ | 9/12/10 | Steve Israel
    Let's get one thing straight, all of you millennials out there. If it weren't for us baby boomers, most of you wouldn't be here. Literally. We are your parents. You sprung from our wombs, from our love. We don't just deserve your respect; we deserve your eternal gratitude — for the food you ate, for the clothes you wore, for the roofs over your heads. By the way, we're still giving food, clothes and roofs to the more than 10 million of you who still live in our homes. And what have you millennials — the 50 million Americans born...
  • Various Expensive Toys from the Supermarket

    09/03/2010 7:47:43 PM PDT · by tlb · 11 replies · 2+ views
    http://www.youtube.com/watch?v=nDMQPwE4unw ^ | February 12, 2007 | ctaesque
    Jimmy Jet from Deluxe Reading Toy Commercial This toy from Deluxe Reading is one of the most highly sought-after toys from the baby boomer generation. Jimmy Jet was to die for in the mid 1960s, and today worth several hundred dollars in any condition.
  • The baby boomers and the price of personal freedom

    08/22/2010 1:07:34 PM PDT · by Publius804 · 141 replies · 1+ views
    The Guardian ^ | 22 August 2010 | Will Hutton
    The baby boomers. Born between 1945 and 1955, they are busy ignoring the biblical calculus that a man's span is three score years and 10. Having enjoyed a life of free love, free school meals, free universities, defined benefit pensions, mainly full employment and a 40-year-long housing boom, they are bequeathing their children sky-high house prices, debts and shrivelled pensions. A 60-year-old in 2010 is a very privileged and lucky human being – an object of resentment as much as admiration. I'm at the heart of all of it – guilty as charged. Born 21 May 1950, I'm the quintessential...
  • Another Threat to Economy: Boomers Cutting Back

    08/16/2010 7:18:41 AM PDT · by Publius804 · 87 replies
    Wall Street Journal ^ | AUGUST 15, 2010 | Mark Whitehouse
    America's baby boomers—those born between 1946 and 1964—face a problem that could weigh on the economy for years to come: The longer it takes for the economy to recover, the less money they'll have to spend in retirement. Policy makers have long worried that Americans aren't saving enough for old age. And lately, current and prospective retirees have been hit on many fronts at once: They have less money, they earn less on what they have, their houses aren't rising in value and the prospect of working longer to make up the shortfall has dimmed significantly in a lousy job...
  • Boomers drive shift toward urban living

    08/08/2010 2:06:20 PM PDT · by Willie Green · 34 replies
    MSNBC ^ | Sunday, August 8th 2010 | Helen Chernikoff and Al Yoon
    ROCKVILLE, Md. — This suburb of Washington, D.C., inspired R.E.M.'s 1984 song about the soul-sucking blandness of a suburban adolescence that has been a staple of rock and roll. "(Don't Go Back to) Rockville" described a town of empty houses, "where nobody says hello." But some experts in the real estate business believe that in the future, more and more of us will be going back to places like the revamped Rockville — quite happily, in fact. "They had a point at the time," Sally Sternbach, the head of Rockville's economic development arm, says of R.E.M.'s quiet anthem. "We got...
  • Rail enthusiasts flock to Sandpoint

    08/03/2010 5:07:25 AM PDT · by Willie Green · 6 replies · 2+ views
    Idaho State Journal ^ | Tuesday, August 3, 2010 | Rebecca Nappi
    SANDPOINT, Idaho (AP) — About 50 trains chug through Sandpoint each day, night and day. Almost all carry cargo grain, windmill turbines, airplane fuselages, even Barnum and Bailey circus elephants. Near midnight, and then again at 2:32 a.m., Amtrak’s “Empire Builder” drops and collects passengers; Sandpoint boasts the only Amtrak stop in Idaho. “Railfans” from throughout the world travel to Sandpoint to train-watch and photograph trains roaring across the bridge over Lake Penned Aureole. It’s a magnificent meeting of water, mountain and machine. Sandpoint traces its vital beginning to the railroads, and the railroads might be one key to its...
  • Save the Boomers, Save the World: Redeeming Culture

    07/20/2010 11:01:23 AM PDT · by Publius804 · 48 replies
    patheos.com ^ | July 19, 2010 | Barbara R. Nicolosi
    The entertainment industry is in the full throes of the changing of the generations; films and television are beginning to reflect the visions of Generation Xers like Jason Reitman, (Up in the Air), Judd Apatow, (Knocked Up), Brad Byrd (Up, The Incredibles), and other young artists who dare to buck the tired irony-cool cynicism that has shaped and stifled too much of the culture. Suddenly, after decades of being shut out, minimized, or mocked, film characters have room in their lives for optimism, and even something almost like faith. The Church, if it seeks to be relevant in the future,...
  • In Midlife, Boomers Are Happy — and Suicidal

    06/18/2010 4:05:56 PM PDT · by neverdem · 29 replies · 723+ views
    NY Times ^ | June 11, 2010 | PATRICIA COHEN
    If you are suddenly feeling confused about whether to greet middle age with open arms or dread, it is understandable. In recent weeks, researchers reported that Americans in midlife are a remarkably contented lot, and that they also have the highest rate of suicide. So what is going on? Is middle age the best of times or the worst? First, the positive side of the ledger. A new study of a Gallup telephone poll that essentially took a snapshot of how more than 340,000 respondents felt on a particular day... --snip-- Myrna Weissman, an epidemiologist at the New York State...
  • godless righteousness

    05/22/2010 9:29:03 PM PDT · by pastorbillrandles · 20 replies · 446+ views
    5-23-10 | Bill Randles
    godless righteousness Do you remember the 1960's social and moral revolution? The youth movement of the left were out to break all of the rules, and liberate society from the bondage of the past. As one of the anthems of the time proclaimed,"Whole world, whole world ,easy to see, that people every where just want to be free". Isn't it ironic that those same 'revolutionaries',now come of age , have created a society which is vastly more restricted than the one they worked so hard to undermine? We now live in a 'Brave new world' where every aspect of life...
  • The Technicality Generation

    05/19/2010 5:18:44 AM PDT · by C19fan · 15 replies · 530+ views
    New York Times ^ | May 18, 2010 | Larry Pressler
    THE problems faced by Richard Blumenthal, Connecticut’s attorney general, over his depiction of his military service are indicative of a broader disease in our society. The issues of integrity in business and politics that plague us today — the way elites are no longer trusted — are rooted in the dishonesty that surrounded the Vietnam-era draft.
  • Question Authority: A Commencement Address for Today’s Graduates

    05/18/2010 7:57:19 AM PDT · by jacjmm · 1 replies · 113+ views
    TrueNorth Radio ^ | May 18, 2010 | Deborah T. Bucknam
    Question Authority: A Commencement Address for Today’s Graduates By Deborah T. Bucknam I have not been asked to give a commencement address this year, so I have decided to impart my wisdom on the younger generation in written form: Nearly a half a century ago, young people of my generation—the Baby Boomers-- rebelled against what we called the "Establishment" with slogans such as "Question Authority" and "Don’t Trust Anyone over Thirty". We joined causes which transformed American society. You are the beneficiaries of those noble causes which helped to emancipate minorities and women from the racism and bigotry in American...
  • Older workers keeping young adults out of jobs

    04/07/2010 10:18:45 AM PDT · by Kartographer · 102 replies · 1,924+ views
    Reuters ^ | 4/7/10 | Lucia Mutikani
    Young adults in the United States are being squeezed out of the labor force as older workers either delay retirement or seek jobs to rebuild nest eggs destroyed by the recession, a study showed on Wednesday. The size of the labor force fell 6.3 percent for young workers, but increased 8.5 percent for workers 55 years and older between December 2007 and January 2010, according to the study by the Washington-based Economic Policy Institute (EPI).
  • How the baby boomers bust Britain.... financially, socially and even morally crippled

    03/13/2010 4:11:50 PM PST · by C19fan · 24 replies · 1,024+ views
    Daily Mail ^ | March 13, 2010 | Dominic Sandbrook
    They are the luckiest people in history: the richest, most secure and most powerful generation the world has ever seen. While their parents scrimped and sacrificed through the Depression and World War II, they basked in the long boom of an affluent society. ....................................................... Brought up in an age of surging living standards, they were not prepared to wait for jam tomorrow. They wanted it today, tomorrow and forever - and they raised their children in their own image. It was the baby boomers, with their 'me generation' values, who spearheaded the sweeping social changes of the late Sixties and...
  • Will Millennials leave US to avoid becoming the 'chump' generation? (the Republicrat legacy!)

    03/10/2010 1:10:21 PM PST · by rabscuttle385 · 161 replies · 2,410+ views
    If Millennials realize they're going to have to pay the fiscal price for baby boomers' sins, they might choose to leave the US for more financially friendly locations. BY TIM KANE What if they had a fiscal crisis, and nobody came? What if the chump generation figures out the Ponzi scheme? Bob Samuelson thinks the fallout will be political: ... As baby boomers retire, higher federal spending on Social Security, Medicare and Medicaid may boost Millennials' taxes and squeeze other government programs. It will be harder to start and raise families. Millennials [ages 30 and younger] could become the chump...
  • 21st Century Breakdown

    02/24/2010 7:41:15 AM PST · by parsifal · 31 replies · 646+ views
    The Burning Platform ^ | February 23, 2010 | James Quinn
    Political leaders and the mainstream media have been blindsided by the sudden mood shift of the country in the last few years. The reason they have been blindsided is they believe world history is linear. Liberals have now begun referring to themselves as progressives. These people think the world only progresses. The facts indicate otherwise. History is cyclical. History is replete with grand empires like Rome, Spain and Britain. It is also replete with Dark Ages, depressions and wars. Strauss & Howe have established that history can be broken down into 80 to 100 year Saeculums that consist of four...