2. Information: To begin with, in order to resolve if baby boomers are a boom or bust, information is essential before answering the topic associated to baby boomers. According to Robnett and Chop (2015), “The graying of America continues to accelerate as the first of the baby boom generation (those Americans born between 1946 and 1964) turned 65 years of age in 2011” (p. 2). Furthermore, “this age cohort is expected to increase from 5.5 million in 2010 to 6.6 million in 2020, a 19% increase for that decade” (p. 3-4). In addition to this, according to Niles-Yokum and Wagner (2012), “the over-85 population will increase from approximately 3.6 million in 1995 to 6.1 million in 2012 and 9.6 million …show more content…
1). Thus, it seems that “the most striking statistics of recent years is increasing proportion of older individuals who are maintaining their own households… Additionally, about 56% of all noninstitutionalized older persons in 2007 live alone (19 million men, 38.6 million women)” (p.8). Furthermore, Kickman and Snell (2002) stated that, “it has been estimated that the economic value of such informal care-giving in the United States reaches $200 billion a year—one and a half times the amount spent on formal care giving” (p. 854). Moreover, “this growth in elderly could lead to a precipitous drop in the number of workers per elderly if current working and retirement patterns do not change” (p. 854). All these factors will assist in determining if baby boomers will befit a boom or a bust.
3. Assumptions: To start with, as time passes the population will increase; surprisingly that increase in the population will be much larger within the baby boomer generation. Thus, this increase in population will bring more stereotypes of the elderly, and hinder their more increasingly active lifestyle. Furthermore, as the baby boomers increase, various changes have to be completed within …show more content…
460). This “social construct” can have different meanings in many different countries, yet in the United Stated this thought has a different role for the boomer generation. “In the United States, boomers have been represented to the public in contradictory ways: on the other hand, as selfish and negative; on the other hand, as idealistic and positive” (Moody and Sasser, 2015, p. 461). This is one major initiative in relation to the baby