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No thanks
Bottom Line: As goes the Baby Boomer, so goes the economy. The baby boom generation's spending has driven the economy for decades, and since a person's spending normally peaks in late 50's, the economy is losing its biggest driver. Thus, the recovery is going to be more like a long-term retraction. Liquidify!
Last edited by Parker2112; 08-23-2010 at 01:24 PM.
No thanks
Cut the time in half again, and I might consider it.
watch the last vid only
or the last half of the last vid
Bottom Line: As goes the Baby Boomer, so goes the economy. The baby boom generation's spending has driven the economy for decades, and since a person's spending normally peaks in late 50's, the economy is losing its biggest driver. Thus, the recovery is going to be more like a long-term retraction. Liquidify!
Can't argue with or beat demographics.
But the Boomers' kids are also a smaller boom.
I think the bigger risk has already been realized. The oligarchy has captured the nations' wealth as Repugs and conservatives have always intended (trickle down is/was always a lie), the corps have captured govt, both have detached themselves from the Real Economy, while the Real Economy goes to and stays in .
There's really no solution, since voters have been disenfranchised. The charade of elections always produces Congress people who are corrupted by corporate/capitalist wealth. They HAVE to go along, or they don't get $$$ to get re-elected.
America is ed, and un able.
Man, I agree on all points, but thats some hard core glass half empty.
BT, Does your health suffer at all? Or are you able to keep moving in the face of the nations shortcomings? I know damn well your not medicated...so thats good I guess.
darrin complaining about utubes.
wow
Yep. Suck on that youngsters!
So anchor babies are a good thing then.
As goes the anchor baby boomer, so goes our healthcare and welfare systems
my first (actually second) thought.
That is almost as funny as Parker watching Tony Robbins.
Tony Robbins does economics now?
No . Did he even go to college? I smell a new Goldline ad campaign.
hes trying to come up with a profitable gameplan for a down economy. That should tell you something though.
he is trying to win some loyal fans with a "warning" before the storm, and if we do tank he comes up smelling like roses.
you guys need to put your capitalist caps on
Dude…I saw that movie a long time ago…
President "Bobby": Mr. Gardner, do you agree with Ben, or do you think that we can stimulate growth through temporary incentives?
Chance the Gardener: As long as the roots are not severed, all is well. And all will be well in the garden.
President "Bobby": In the garden.
Chance the Gardener: Yes. In the garden, growth has it seasons. First comes spring and summer, but then we have fall and winter. And then we get spring and summer again.
President "Bobby": Spring and summer.
Chance the Gardener: Yes.
President "Bobby": Then fall and winter.
Chance the Gardener: Yes.
Benjamin Rand: I think what our insightful young friend is saying is that we welcome the inevitable seasons of nature, but we're upset by the seasons of our economy.
Chance the Gardener: Yes! There will be growth in the spring!
Benjamin Rand: Hmm!
Chance the Gardener: Hmm!
President "Bobby": Hm. Well, Mr. Gardner, I must admit that is one of the most refreshing and optimistic statements I've heard in a very, very long time.
President "Bobby": I admire your good, solid sense. That's precisely what we lack on Capitol Hill.
/thread
J Kozinski with the fatality move
evidently your not the only one that remembers this...
There may be other reasons...
We are the last generation to have a good education, thanks to not growing up with a Department of Education [indoctrination.]
Jobs are now going overseas.
The trend is that less working people are supporting more lazy people.
Congress has spent all the Social Security money to date, and soon, there will no longer be a surplus of funds to pay for other things.
I can go an and on, but I assure you...
It has nothing to do with the Baby Boomers retiring. It has to do with a sliding economy for decades and the cost of living is false, and it now takes two adults working for the same living standard as one breadwinner could achieve in the 50's. Our authoritarian congress and presidency has spent us dry, buying votes to keep themselves fat.
IMO, Baby Boomers drove the economy for years. Baby Boomers drove consumer confidence, and the irresponsible use of credit as a result...
and when the BB's stop spending, the economy will have to downsize...
besides that, its not just baby boomers that have stopped spending. So the implosion could be exacerbated.
No.
For starters, when I was in kindergarten, we took naps and played with fingerpaints.
When my daughter was in kindergarten two years ago, she was taking math tests on computers and writing in her journal.
Baby boomers also championed policies that led to the layoff of a huge percentage of American manufacturing workers and unprecedented illegal immigration in exchange for short-term profits for corporate share-holders.
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