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4 comments

1 aagcobb  Jul 6, 2014 8:42:06am

These people are the victims of the DC elites obsessed with a short term budget deficit problem when their #1 daily concern should be what can we do to get people back to work. Millions of lives have been devastated by long term unemployment, and there is no good reason why that should have happened.

2 Skip Intro  Jul 6, 2014 8:53:43am

Just wait until the GOP finally gets its wish and guts Medicare and Social Security.

Will Fox News stand for the GOP killing off their viewer base?

3 b_sharp  Jul 6, 2014 9:27:11am

They lose their income because of the downturn and are too old to find new jobs making as much money as they were before or by the time they retrain for a new job they’re too old to work. If they have life insurance it gives them a way to provide for their family.

4 Tsuga  Jul 6, 2014 9:45:56am

I’d like to see finer-grained data, like broken down into 5-year increments. The *demographic* Baby Boom spans 19 calendar years of births, such that this is not a culturally homogenous “generation” as is usually assumed. Early and late Boomers, on the average, had very different experiences growing up and in adulthood. For instance, late Boomers did not come of age in an idealistic time, but rather in a cynical and downcast time, the late 70s into the very early 80s. Nevertheless, people want to think in terms of known categories, so articles like this make broad sweeping generalizations based on comforting and conventional categories instead of really trying to understand what’s going on.


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