The Long Baby Boom

The Long Baby Boom

An Optimistic Vision for A Graying Generation

eBook - 2008
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Baker & Taylor
Rejecting catastrophic predictions regarding the coming financial upheaval due to aging baby boomers, the author argues that most baby boomers plan on working past age sixty-five and that, with a little help, they will have a constructive impact on society and will take on a large portion of their retirement and health-care costs.

Johns Hopkins University Press

In 2006, the first baby boomers turned 60, unleashing a veritable tidal wave of gloomy punditry, advertising for financial services, and forecasts of impending national bankruptcy. In The Long Baby Boom, Jeff Goldsmith counters the predictions of such "catastropharians" with a far more optimistic scenario.

Drawing on evidence that most baby boomers plan on working long past age 65, Goldsmith argues that they will have a constructive impact on society over the next twenty years. By assuming a much larger portion of the financial burden of their own retirement and health costs, they will help preserve Social Security and Medicare for the less fortunate and for successive generations.

The Long Baby Boom is the first comprehensive forecast of baby boomers’ career plans, health trends, and cultural and political values. Goldsmith's pro-work, pro-savings, pro-health social policy emphasizes personal responsibility without ripping the social safety net. Optimistic and innovative, The Long Baby Boom doesn't promise a cloud-free future, but it does reassure us that the sky isn't falling.

Publisher: Baltimore : Johns Hopkins University Press, 2008
ISBN: 9780801896415
Characteristics: 1 online resource (xvii, 207 pages) : illustrations, map


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