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Inspirational Thoughts

Arts & Culture > Seventy-six Million American Children Born ... ..
 

Seventy-six Million American Children Born ... ..

Baby Boomers

Check out this hysterical Baby Boomers File

https://www.newsday.com/news/opinion/ny-walt-babyboomers-blurb,0,1036393.blurb

Who are the Baby Boomers? Wikipedia

https://en.wikipedia.org/wiki/Baby_Boomers

Seventy-six million American children were born between 1945 and 1964, representing a cohort that is significant on account of its size alone. In 2004, the UK baby boomers held 80% of the UK's wealth and bought 80% of all top of the range cars, 80% of cruises and 50% of skincare products.[10]

In addition to the size of the group, Steve Gillon has suggested that one thing that sets the baby boomers apart from other generational groups is the fact that "almost from the time they were conceived, Boomers were dissected, analyzed, and pitched to by modern marketers, who reinforced a sense of generational distinctiveness."This is supported by the articles of the late 1940s identifying the increasing number of babies as an economic boom, such as in the Newsweek article of August 9, 1948, "Population: Babies Mean Business",or Time article of February 9, 1948. The effect of the baby boom continued to be analyzed and exploited throughout the 1950s and 60s.

Boomers have often found difficulty managing their time and money due to an issue that other generations have not had a problem with. Because the Baby Boomer generation has found that their parents are living longer, their children are seeking a better and longer college education, and they themselves are having children later in life, the boomers have become "sandwiched" between generations. The "sandwich generation", coined in the 1980s, refers to baby boomers who must care for both elderly parents and young children at the same time.

The age wave theory suggests an impending economic slowdown when the boomers start retiring during 2007-2009.
continues.....

posted on Aug 21, 2008 10:48 AM ()

Comments:

Love Walt Handelsman's stuff at Newsday!
Peace and Love, Baby!
comment by marta on Aug 21, 2008 10:58 AM ()

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