Word: boomer
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Glamma n.--Glamorous grandma; one of the terms adopted by boomer grandparents in favor of more traditional names like Grandmother...
...quarter: Yale can't get anything going, as it's a three-and-out for the Bulldogs. Mante's punt is a boomer, but trickles into the end zone and Harvard will take over...
...quarter: Yale can't get anything going, as it's a three-and-out for the Bulldogs. Mante's punt is a boomer, but trickles into the end zone and Harvard will take over...
...surprising figure, since the 79 million people in the baby-boomer age bracket enjoyed more economic success than any other generation in U.S. history. Their sheer size, along with their higher educational attainments and output levels, drove exceptional income growth, though these big spenders weren't big savers. The generations that have followed represent a smaller share of the overall population. Thus as boomers age, the overall workforce will shrink. "Without an unexpected burst of productivity growth or a significant upsurge in investment per worker, the aging boomers' reduced levels of working and spending will slow the real growth...
...have a huge group of retiring baby boomers and not enough replacement workers," says Joan Carter of the Life Options Institute, an organization dedicated to helping people plan for life after age 50. The Department of Labor projects a labor shortage by the year 2010, with fields like education, health care, engineering and nursing set to suffer from a scarcity of workers. In a way, it's two negatives - boomer financial woes and a coming labor shortage - adding up to a positive, which is more boomers continuing to work and shoring up their savings. It could lead to a happy...