By Robert B. Hudson
Seventy-six million child Boomers are careening towards retirement within the usa. Demographic shifts towards getting older populations are occurring round the Western international, as a number of factors―biological, technological, clinical, and sociocultural―are extending existence spans. in the meantime, beginning charges are declining. The scaremongers argue that this generational shift goes to be disastrous: it's going to bring about skyrocketing tax charges, decrease retirement and health and wellbeing advantages, greater inflation, elevated unemployment and poverty, political instability, and a number of different societal ills. yet will it? In Boomer Bust?, Robert Hudson assembles major authors from fields resembling economics, political technological know-how, and finance to split truth from fiction, spotlight the phrases of dialogue, and exhibit leading edge guidelines that might hinder catastrophe from occurring.
From themes like Social defense to older humans rejoining the staff to the aged as a political foyer, this two-volume set covers the gamut of monetary, political, monetary, and company matters relating to getting older. The Boomer new release will depart one of many greatest footprints the realm has but visible. In retirement, as in all else, this new release is blazing a direction affecting succeeding generations profoundly. Boomer Bust? charts a direction during the thicket of non-public and public coverage offerings dealing with not only child Boomers yet all of society.
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Additional info for Boomer Bust?: Economic and Political Issues of the Graying Society (2 Volumes)
Frey, W. H. 2007. America’s regional demographics in the ’00s decade: The role of seniors, boomers and new minorities. Washington, DC: Research Institute for Housing America and the Brookings Institution. , and L. Summer. 2005. Demography is not destiny, revisited. Washington, DC: Center on an Aging Society. GAO (Government Accountability Office). 2005. Redefining retirement: Options for older Americans. GAO-05-620T. Washington, DC: GAO. ———. 2006. Baby boom generation: Retirement of baby boomers is unlikely to precipitate dramatic decline in market returns, but broader risks threaten retirement security.
S. Census Bureau 2006). This apparent ‘‘growth’’ of the boomer population occurred because birth cohort losses through mortality were more than offset by the immigration of boomer-aged, foreign-born individuals who arrived in the United States at some point during their lifetimes, a process facilitated by a massive transformation of immigration policy occurring just as the baby boom was ending (Haaga 2007). Almost one in six of today’s aging boomers is an immigrant, the vast majority of whom were born in Latin America or Asia.
However, the fact that 32 percent of Hispanics, and 36 percent of African 40 PERSPECTIVES ON THE BOOMERS Americans, report engaging in two or more unhealthy behaviors, may place them at potentially higher risk of health consequences associated with lifestyle. Patterns by gender suggest that unhealthy behavior is more common among boomer men than women. Although similar levels of physical inactivity and obesity are evident by gender (approximately one in three for each group), men are somewhat more likely than women to be current smokers, and considerably more likely to engage in high-risk drinking behavior.