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Best of Boomer Blogs #294

Posted Feb 02 2013 9:32am

Boomers' lost Grandchildren

The Wall Street Journal reports that for more than three decades, Chinese women have been subjected to their country's brutal one-child policy. Those who try to have more children have been subjected to fines and forced abortions. Their houses have been razed and their husbands fired from their jobs. As a result, Chinese women have a fertility rate of 1.54. Here in America, white, college-educated women—a good proxy for the middle class—have a fertility rate of 1.6. America has its very own one-child policy. And we have chosen it for ourselves.

Forget the debt ceiling. Forget the fiscal cliff, the sequestration cliff and the entitlement cliff. Those are all just symptoms. What America really faces is a demographic cliff: The root cause of most of our problems is our declining fertility rate.

The fertility rate is the number of children an average woman bears over the course of her life. The replacement rate is 2.1. If the average woman has more children than that, population grows. Fewer, and it contracts. Today, America's total fertility rate is 1.93, according to the latest figures from the Centers for Disease Control and Prevention; it hasn't been above the replacement rate in a sustained way since the early 1970s.

The nation's falling fertility rate underlies many of our most difficult problems. Once a country's fertility rate falls consistently below replacement, its age profile begins to shift. You get more old people than young people. And eventually, as the bloated cohort of old people dies off, population begins to contract. This dual problem—a population that is disproportionately old and shrinking overall—has enormous economic, political and cultural consequences...including boomers having less grandchildren to mentor. 

Boomers can always watch TV

On The Survive and Thrive Boomer Guide , Rita R. Robison, consumer journalist, writes about how to buy a big screen TV .  TV prices are usually lowest in February and March, when manufacturers start shipping new models and retailers cut prices to sell off the old ones, so it's a good time to shop for a new TV. 
 
Boomers and Groundhogs seeking shadows
 
Snowbird Tom Sightings reports that Groundhog Day is kind of superfluous in the Sunbelt, where everyone sees their shadow all winter long.  But at Sightings Over Sixty he asks if you can remember this famous person who was a pioneer in his field, and has a birthday coming up later in the month.    What Mid-Life Means to Boomers

Laura Lee has been on a journey ever since she became the Midlife Crisis Queen back in 2007. She wanted to know more about boomers and the ways we have been experiencing midlife, how is it changing us, and are we the first generation to go through this? Five years later she would like to share the results of her research. Here she tells you what she has learned about: W hat does midlife mean?

FREE Boomer Retirement Life Books

John Agno: Books for Boomers: Reviews & Coaching Tips   John Agno: Books for Boomers: Reviews & Coaching Tips  (FREE)

John Agno: Boomer Retirement Life Tips   John Agno: Boomer Retirement Life Tips  (FREE)

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