General Discussion
In reply to the discussion: This Donald thing is starting to blow up. [View all]40degreesflaps
(88 posts)...it wasn't like this in 2000 because the Clintons left us in a very different place economically. We were coming off the boom of the nineties and the demographic headwinds thing hadn't kicked in yet. Our big problem over at least the next five years will be lack of demand. That's why the housing market away from the coasts is shit. Millenials don't have the bucks for various reasons (school debt combined with a lack of opportunity in selected markets) and my wife says we're looking at a lost generation. I seem to remember the same sort of thing being said about Gen-X but here we are slowly greasing into the Boomers jobs. IBM is retirement city. If you go to the Atlanta Barfield offices, you'll really see it.
Did you know that 2017 represents the height of the Baby Boom? 1957 was the top birth year, some say due to popularity of the '57 Chevy Bel Air. Most people don't know that twenty percent of the Boomers are already gone. My parents are Silent Generation but a bunch of Boomers born in the forties have checked out over the past few years.