Boomer’s Bust is a story of one man’s courageous battle with Alzheimer’s disease. Despite his steadfast determination to beat its debilitating effects, he slowly loses his grip on reality and enters a surreal and abstract world. The reader is taken for an enthralling journey through the inner passages of his troubled mind. Incredibly, every 70 seconds, a new case of dementia is diagnosed in North America. One in 11 seniors will develop it. And the demographic shift of the “Baby Boomers” generation has only just begun. Boomer’s Bust is a gift of solace packaged in a heartfelt message to all of us.
Seventy-six million Baby Boomers are careening toward retirement in the United States. Demographic shifts toward aging populations are taking place around the Western world, as a variety of factors—biological, technological, medical, and sociocultural—are extending life spans. Meanwhile, birth rates are declining. The scaremongers argue that this generational shift is going to be disastrous: It will result in skyrocketing tax rates, lower retirement and health benefits, higher inflation, increased unemployment and poverty, political instability, and a host of other societal ills. But will it? In Boomer Bust?, Robert Hudson assembles leading authors from fields such as economics, political science, and finance to separate fact from fiction, highlight the terms of debate, and showcase innovative policies that will prevent disaster from occurring. From topics like Social Security to older people rejoining the workforce to the elderly as a political lobby, this two-volume set covers the gamut of economic, political, financial, and business issues related to aging. The Boomer generation will leave one of the largest footprints the world has yet seen. In retirement, as in all else, this generation is blazing a path affecting succeeding generations profoundly. Boomer Bust? charts a path through the thicket of personal and public policy choices facing not just Baby Boomers but all of society.
“A lucid and vivid account of the combined flawed social policies and ingrained corporate attitudes that have brought the US economy to its knees.” —Dr. Ronald Manheimer, former executive director, North Carolina Center for Creative Retirement Baby Boomer Bust? examines and analyzes the meltdown of 2008/2009 from economic, political, and social perspectives and illuminates how the meltdown has directly impacted Baby Boomers—once known as the generation of promise, but now the generation of panic. It examines the downturn’s impact on Boomers’ lifestyles, dreams, aspirations, and future plans. Baby Boomer Bust? raises some provocative questions regarding the generations ability to survive the worst economic downturn since the Great Depression “A revealing insight into the effects of the recent economic downturn on the very generation that helped to create one of the world’s most powerful and influential economies. Mr. Chiocchi’s examination brings into sharp relief some of the more salient, and subtle, social-consequences of one of the greatest economic disasters in the history of Western civilization.” —Michael J. Formica, MS, MA, EdM, psychotherapist, social scientist “A sobering view of the underside of the economic meltdown.” —Jerry Shereshewsky, CEO, Grandparents.com
"Seventy-six million Baby Boomers are careening toward retirement in the U.S. Demographic shifts toward aging populations are taking place around the Western world, as a variety of factors--biological, technological, medical, and socio-cultural--are extending life spans. Meanwhile, birth rates are declining. The scaremongers argue that this generational shift is going to be disastrous: It will result in skyrocketing tax rates, lower retirement and health benefits, higher inflation, increased unemployment and poverty, political instability, and a host of other societal ills. But will it? In Boomer Bust?, Robert Hudson assembles leading authors from fields such as economics, political science, and finance to separate fact from fiction, highlight the terms of debate, and showcase innovative policies that will prevent disaster from occurring.
Boomer bust? : securing retirement in a volatile economy : hearing before the Special Committee on Aging, United States Senate, One Hundred Eleventh Congress, first session, Washington, DC, February 25, 2009.
