Looking ahead Nov 6, 2009
"This is very costly, because in this waiting period very many from the baby-boom generation are retiring. The labour force will shrink and there will be more pensioners. So the public finances will be under pressure. "But I'm not really surprised because I know how delicate and difficult this is politically. " Just how difficult becomes apparent at a parent-and-child club, elsewhere in Copenhagen. The mums and dads here - and eventually their offspring - will all be affected. Some say they see... (BBC News -- Europe)
Capitol Hill scam: Cuts to Medicare Oct 23, 2009
The government has required members of the baby-boom generation to pay "health insurance" premiums over their entire working careers. Now, at the dawn of their being able to start submitting claims, a Democratic Congress, in order to pay for the proposed health care overhaul, has decided that it will reduce by 25 percent the amount paid to the physicians who will be caring for this generation. (Fredericksburg.com, VA)
Camille Paglia Oct 23, 2009
My point is simply that the love life of everyone I've known from my baby-boom generation and afterward is a chess board ruled by shadowy forces that long predate puberty. Erotic choices yearningly follow or rebelliously diverge from a cast list imprinted on us in childhood. (Salon)
Federal deficit forecast balloons Aug 26, 2009
Mr. Orszag said the president will press forward on health care despite the yawning budget gap, arguing that reform is essential to reining in the skyrocketing costs of government programs such as Medicare and Medicaid, which threaten to drive deficits even higher as the baby-boom generation retires. "I know there are going to be some who say that this report proves that we can't afford health reform. I think that has it backwards," Mr. Orszag said. (Pittsburgh Post-Gazette, PA)
Pharmacy tech - a recession busting career choice Aug 24, 2009
"The growing need for prescription drugs is one of the long-term side effects of the aging baby-boom generation. The pharmaceutical industry is one of many industries in healthcare that is feeling the repercussions," says Nunez. "Pharmacy technicians are one way the profession is responding to this need for workers," he adds. (Ontario Argus Observer, OR)
Newt Gingrich: Competition, not rationing, is cure Aug 20, 2009
As the baby-boom generation ages, it will put only more stress on the system. With more than 25 percent of all Medicare costs generated in the last two months of life, government already has the motive to ration care to the elderly. (Atlanta Journal-Constitution -- Opinion)
Generation in flux Aug 8, 2009
Well, Arnett believes emerging adulthood has its roots in the behavior of the parents, i.e., the lifestyle rebellions and conventional-wisdom-toppling that was the favorite sport of the baby-boom generation. The baby-boomers were the revolutionaries, says Arnett. (Boston Globe)
READ THE TESTIMONY: Bernanke's semiannual monetary report Jul 22, 2009
Prompt attention to questions of fiscal sustainability is particularly critical because of the coming budgetary and economic challenges associated with the retirement of the baby-boom generation and continued increases in the costs of Medicare and Medicaid. Addressing the country's fiscal problems will require difficult choices, but postponing those choices will only make them more difficult. (USA Today -- Money)
Why Legalizing Marijuana Makes Sense Jul 6, 2009
For the past several years, I've been harboring a fantasy, a last political crusade for the baby-boom generation. We, who started on the path of righteousness, marching for civil rights and against the war in Vietnam, need to find an appropriately high-minded approach to life's exit ramp. (Time.com)
Iowa prison population is dropping Jul 1, 2009
Another factor may reside in Iowa's demographics, with the baby-boom generation of criminals getting older -- no longer part of the 18-25 age group with the highest rate of prison admissions -- and less likely to re-offend for crimes that would return them to prison, Stageberg said. "As people get older, even if they've been involved in criminal activity at younger ages, they tend to burn out over time," he said. (Sioux City Journal)
Ageing in the rich world: The end of retirement Jun 26, 2009
First, in most rich countries women no longer have enough babies to keep up the numbers (a prospect that may please a lot of greens but not many governments); and the huge baby-boom generation, born after the second world war, has begun to retire. In 1950 the OECD countries had seven people aged 20-64 for every one of 65 and over. (The Economist)
North Texas home prices at 1990s levels Jun 23, 2009
According to the study, the growth of housing prices nationwide has been stilted by job losses, falling home prices, tighter credit guidelines and first-time home buyers who are looking for a more diverse pool of home options that contrast from properties built by the baby-boom generation. With the echo baby boom driving demand for starter homes and apartments and the baby boom powering demand for homes suited for older Americans, the design professionals will be called upon to deploy new... (Dallas Business Journal, TX)
Housing Recovery in U.S. Remains Uphill Battle on Recession, Foreclosures Jun 22, 2009
When recovery comes, immigrants and children born to the post-World War II baby-boom generation will lead it, the Harvard researchers said. So-called echo boomers will help keep demand strong for the next 10 years and beyond as they turn 25-44 years old, according to the report. (Bloomberg -- US)
A niche community Jun 16, 2009
The concept of groups of people with common interests living in a communal setting may become more popular with the baby-boom generation as it ages, said Gene Guszkowski, a Wauwatosa architect who specializes in designing retirement homes and communities for nonprofit and for-profit organizations. The notion of retired people living together and watching out for each other in a small setting might be preferred to living in large institutions, Guszkowski said. (Milwaukee Business Journal, WI)
Bernanke: U.S. needs to curb record-high budget deficit Jun 4, 2009
Bernanke noted that prompt attention to questions of fiscal sustainability is "particularly critical" because of the coming budgetary and economic challenges associated with the retirement of the baby-boom generation and continued increases in medical costs. "Clearly, the Congress and the administration face formidable near-term challenges that must be addressed. But those near-term challenges must not be allowed to hinder timely consideration of the steps needed to address fiscal imbalances,"... (Xinhuanet, China)
'Why Ben Bernanke is right to be worried'... Jun 4, 2009
Prompt attention to questions of fiscal sustainability is particularly critical because of the coming budgetary and economic challenges associated with the retirement of the baby-boom generation and continued increases in medical costs. . (The Drudge Report)
Alzheimers film screening May 27 May 27, 2009
As the baby-boom generation reaches retirement, that number could soar to more than 11 million by 2040 and have an economic impact on America s healthcare system. While there is no cure for the disease, The Alzheimer s Project shows there is reason to be optimistic about the future. (Concord Journal, MA)
Report: Medicare to run out by 2017 May 13, 2009
Already poised for significant financial challenges as the baby-boom generation ages and retires, the twin programs have taken a hit from rising unemployment. The loss of 5. (South Florida Business Journal, FL)
US retirement fund out of cash May 13, 2009
WASHINGTON: The US government pension and health insurance programmes will soon run out of resources as the baby-boom generation prepares for retirement and the ongoing recession hits tax receipts, officials warned Tuesday. In an annual report, the government warned that a state-run health insurance plan for the elderly known as Medicare will be insolvent by 2017 - two years earlier than predicted in last year's report. (India Times)
JOBS: Older workers embrace career change, less stress May 9, 2009
Already common, career change among older workers is likely to grow even more as the baby-boom generation nears traditional retirement age. Murray Scureman, 70, of Potomac, Md. (North County Times)
Seven reasons to stay tuned May 4, 2009
A driving force behind the series is the probability that, as the baby-boom generation moves through retirement, the number of Alzheimer patients could soar, having a huge economic impact on America's already fragile health-care system. It also claims, there is now a genuine reason to be optimistic about the future. (Globe and Mail -- Entertainment)
The end of the McMansion Apr 28, 2009
The front end of the baby-boom generation is now pushing past age 60. Over the next 10 years, the increase in household formation throughout New England will be largely confined to those over 55. (Boston Globe)
* Harley, youre not getting any younger Mar 22, 2009
They say theyre confident that the baby-boom generation has 15 more years of riding life. Theyre not about to stop riding because theyre getting older, Richer says. (Taipei Times, Taiwan -- Business)
Free markets are not rational Mar 20, 2009
Aetius Romulous is an historian, economist, accountant, writer and blood-sucking CEO born at the wrong end of the baby-boom generation - too late to enjoy the ride, too early to have missed it, and stuck in the middle with the mess. http://screambucket. (Asia Times Online)
Gregg gives floor speech on Obama budget Mar 11, 2009
You would have thought in the budget they would have said, oh, we better start addressing that issue, we better start disciplining ourselves relative to how we're going to handle this massive increase in spending -- I call it a fiscal tsunami as a result of the baby-boom generation retiring. . (Seacoast New Hampshire)
Spending that works Feb 13, 2009
50 for each dollar invested in NSF. Even more compellingly, he wrote, Perhaps most importantly, the human innovation supported by research and development is the only way to sustain long-term growth and improve our quality of life in a world with limited natural resources, an aging baby-boom generation, stresses on the global climate and increased competition from abroad. Economists estimate that technological innovation has engendered 60 percent to 80 percent of America s economic growth over... (Racine Journal Times, WI)
Stop worrying andembrace the debt Feb 12, 2009
And so was born the deficit cash machine of the baby-boom generation, the mother of all American Express Cards, the ultimate no "preset spending limit" plastic bling. Either by issuing bonds to cover the deficit, or by directly slapping the ink on the presses, the god of the system created loaves from fishes, money from nothing with which it flooded the world. (Asia Times Online)
