Download 100 Predictions for the Baby Boom: The Next 50 Years by Cheryl Russell PDF

By Cheryl Russell

Without the child growth, the us will be a unique position. The Vietnam battle might have lasted longer. Rock and roll will be much less pervasive. The civil rights move might have replaced legislation and attitudes extra slowly. yet ladies should be extra forward in activity prestige and pay if there have been no child boorr.. Hous­ ing will be more affordable. The economic climate could have performed greater within the Seventies, and other people now of their 20s, 30s, and 40s will be making extra money. For the previous 30 years, the newborn increase new release­ all these born among 1946 and 1964-shook American economics, politics, and tradition. however the complete effect of seven eight PREFACE the newborn increase is but to come back as the iteration is simply now gaining the industrial and political strength to de­ termine occasions. although the infant increase is a various iteration associated basically through its date of beginning, that hyperlink is necessary. The gener­ ation spans 19 years, this means that many boomers ex­ perience an identical issues on the related time-going to col­ lege, getting a role, marrying, divorcing, purchasing a home, beginning a kinfolk. due to this, the infant increase in­ fluences what America's companies produce, what the media write approximately, and what the politicans aid. It focuses the nation's recognition on itself; its issues be­ come the nation's issues. no matter what age the child growth is turns into the nation's age.

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According to Fabian Linden, the director of The Conference Board's Consumer Research Center, education is the basis for Americans' social and economic mobility. 29 The parents of the baby boom are better educated than their parents, and the baby boom is even better educated than its parents. 30 Nearly nine out of ten baby boomers are high-school graduates, compared to two-thirds of their parents. 31 Half of baby boomers have been to college for at least one year, and one-fourth are college graduates.

1° Those who bought houses in the 1970s now enjoy relatively low housing costs, and they already have substantial equity in their homes. Because it takes money to make money, the boomers who boarded the housing train can use their home equity to multiply their money for the rest of their lives. But for the baby boomers who are hanging onto their morgages by the skin of their two incomes, a divorce could mean that no one gets the house. It may be unromantic to tie marriage and money so closely together.

Fifty-one percent of college freshmen in 1967 thought it was important to keep up with politics. By 1982, only 38% of freshmen wanted to keep up with politics. More important than politics to the younger ones is finding a way to make ends meet. Forty-three percent of the older baby boomers thought the disadvantaged deserved preferential treatment. Among the younger baby boomers, the proportion favoring such preferential treatment was only 36%. The younger baby boomers, struggling to make ends meet, aren't as likely to give the fellow over there a leg up when they feel mired in the mud themselves.

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