The aging of the boomer generation has unleashed a veritable tidal wave of gloomy punditry, advertising for financial services, and forecasts of impending national bankruptcy. In The Long Baby Boom, Jeff Goldsmith counters the catastrophic predictions with a far more optimistic scenario.
Drawing on evidence that most baby boomers plan on working long past age sixty-five, Goldsmith argues that they will have a constructive impact on society. By assuming a much larger portion of the financial burden of their own retirement and health costs, they will help preserve Social Security and Medicare for the less fortunate-and for successive generations.
The Long Baby Boom is the first comprehensive forecast of baby boomers' career plans, health trends, and cultural and political values. Goldsmith's pro-work, pro-savings, pro-health social policy emphasizes personal responsibility without ripping the social safety net. Constructive and innovative, The Long Baby Boom doesn't promise a cloud-free future, but it does reassure us that the sky isn't falling.
