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News Link • Economy - Economics USA

Demographic Hell: The First Of The Baby Boomers Hit 65

According to the Pew Research Center, for the next 19 years, about 10,000 people “will cross that threshold” every day — and many of them, whether through exercise or Botox, have no intention of ceding to others what they consider rightfully theirs: youth. This means that the 79 million baby boomers, about 26 percent of this country’s population, will be redefining what it means to be older, and placing greater demands on the social safety net. They are living longer, working longer and, researchers say, nursing some disappointment about how their lives have turned out. The self-aware, or self-absorbed, feel less self-fulfilled, and thus are racked with self-pity. So, then, to those who once never trusted anyone over 30: Raise that bowl of high-fiber granola, antioxidant-rich blueberries and skim milk and give yourself a Happy Birthday toast. “The stork’s 1946 diaper derby left a controversy today that rocked the cradles from coast to coast,” The Associated Press reported 65 years ago. “The maternal question of the moment was: Who was the first baby born in the new year?”

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