By Cheryl Russell
Without the newborn increase, the U.S. will be a distinct position. The Vietnam struggle may have lasted longer. Rock and roll will be much less pervasive. The civil rights stream could have replaced legislation and attitudes extra slowly. yet ladies can be extra forward in activity prestige and pay if there were no child boorr.. Hous ing will be more affordable. The economic system might have performed higher within the Seventies, and folks now of their 20s, 30s, and 40s will be making extra money. For the earlier 30 years, the newborn growth iteration all these born among 1946 and 1964-shook American economics, politics, and tradition. however the complete impression of seven eight PREFACE the infant increase is but to return as the iteration is simply now gaining the commercial and political energy to de termine occasions. notwithstanding the child growth is a various new release associated in basic terms through its date of start, that hyperlink is necessary. The gener ation spans 19 years, this means that many boomers ex perience an identical issues on the similar time-going to col lege, getting a task, marrying, divorcing, procuring a home, beginning a relations. due to this, the child growth in fluences what America's companies produce, what the media write approximately, and what the politicans aid. It focuses the nation's realization on itself; its issues be come the nation's matters. no matter what age the infant growth is turns into the nation's age.
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Additional resources for 100 Predictions for the Baby Boom: The Next 50 Years
College-educated people, for example, are more likely to buy products through the mail or use an 800 number than Americans in general. The educated are also more active in sports, more likely to go to museums and plays, and more involved in community events. In many ways, the baby-boom generation is no different than previous generations: Nearly all baby boomers want to marry, and most want to have children. Three out of four baby boomers say that religion plays an important role in their lives; two out of three would welcome less emphasis on money, but three out of four do not want less emphasis on hard work.
Forty-seven percent of the older group said they had accomplished more than they expected, versus only 33% of baby boomers. These statistics might reflect the frustrations of impending middle age, or they could be more deeply rooted in the gap the baby boom sees between its potential and reality. Because the generation is well educated, its sights are lifted. When the baby boomers went to college, nothing seemed impossible. They ended a war, got rid of a THE BOOM 47 president, and changed the role of the individual in American society.
The average monthly mortgage payment for people who bought a home in 1979 is less than $450. For those who are buying a home today it approaches $900. 42 Though interest rates have fallen, housing prices have not. The baby boomers who bought houses before 1980 have hundreds of dollars a month more spending money, on average, than those who are buying homes today. The affluence of the older boomers will separate them from the younger ones for years to come. And it has created a split in the attitudes of older and younger baby boomers-the younger ones being much more serious about money, and much less serious about everything else.
100 Predictions for the Baby Boom: The Next 50 Years by Cheryl Russell