There was a colossal increase in the birth rate after the Second World War. These babies were dubbed the Baby Boomers and they are the babies born between around 1946 and 1960. This means that the first Baby Boomers became pensioners in 2011 at the age of 65.
It should be noticed that when the first Baby Boomers came of age, they produced the changes in civil and human rights and discrimination associated with 1968. They also fashioned the Hippy Movement, Flower Power and the Sexual Revolution. So what will ensue when they become pensioners?
The Baby Boomer generation is the richest generation ever, but they have never felt the drop in income, status, health and mobility associated with older age, so it is likely that there will be some sort of pensioners’ pressure group.
About 22% of the American population are Boomers, which means that there will be tens of millions of individuals retiring over the next ten years. This has a number of important consequences. The first one is for health care; the mass retirement could or probably will put the health care system under massive pressure.
The second one is employment. Because the Boomers’ generation is the largest section of society, when they retire, there will be a shortage of labour. After all, if the Boomer generation is the biggest portion of society, then by definition the following generation must be smaller.
These statistics are approximately the same for all Western countries and it almost certainly accounts for why there is a rush in Western countries to allow immigration. Firstly, immigrants will take up the slack in the workplace and second, their taxes will help pay for all the old Boomers.
So, with any luck, neither the state finances nor the Boomers’ health will suffer, but what other effects might this mass retirement have? Well, there could well be a colossal rise in demand for retirement homes both in one’s home country and abroad. Baby boomers are prolific travellers and lots of them may like to retire to warmer countries or warmer parts of their country.
The southern states, provinces or counties of Western countries in the northern hemisphere and warmer countries in general, like Thailand, Spain and Italy could see a growth in retirement housing. The construction industry might get a much needed shot in the arm.
Most Western governments and many private construction firms already have plans and even active projects to satisfy this need for retirement housing when it begins to kick in. If the Boomers make a mass migration out of the cities into the countryside or to the seaside, it could free up millions of inner city dwellings and at the same time create lots of construction work outside the cities. But not just that, millions of extra jobs will be created in support and service staff positions.
The aging of the Baby boomers could be just the kick start that most deteriorating Western economies need to get back on their feet after the banking crisis of 2008-2010. Let’s hope so.
Owen Jones, the writer of this article writes on many subjects but is currently involved with Baby Boomer Retirement. If you want to read more, please go over to our website entitled Retirement.
Understanding The Chinese Lunar Calendar
Wednesday, February 17th, 2010Before their implementation of the Western solar calendar system, the Chinese almost exclusively followed their own lunar calendar for determining the times of planting and harvesting and festival days. Although people in China today use the Western calendar for almost all business, governmental and practical matters of daily life, the old method still serves as the basis for working out numerous recurring holidays. This coexistence of two calendar schemes has long been accepted by the people of China.
However, this does not only happen in China, it also occurs in most other Eastern countries, like Thailand, and most Arabic countries.
A lunar month is determined by measuring the period of time needed for the moon to complete its full cycle of 29 and a half days, a standard that makes the lunar year a whole eleven days shorter than its solar counterpart. This difference is made up every 19 years by the addition of seven lunar months.
The 12 lunar months are further divided into 24 solar divisions distinguished by the four seasons and times of heat and cold, all of which bear a close relationship to the annual cycle of agricultural work.
The Chinese calendar - very much like the Hebrew calendar- is a combination of the solar and lunar calendars in that it attempts to have its years coincide with the tropical year and its months coincide with the synodic months. It is not surprising that a few similarities exist between the Chinese and the Hebrew calendar.
For instance, an average year has 12 months, a leap year has 13 months. An ordinary year has 353, 354, or 355 days, a leap year has 383, 384, or 385 days. When working out what a Chinese year will be like, one needs to make a number of astronomical calculations.
First of all, you have to work out the dates for the new moons. In these instances, a new Moon is the completely black Moon (that is to say, when the Moon is in conjunction with the Sun), not the first visible crescent, as is used by the Islamic and Hebrew calendars. The date of a new moon is then the first day of a new month.
The reason why the majority of countries which had their own calendars had to dump them in favour of the Western, Julian calendar that we use today, is business. First the British and then the Americans ran international business and they used the Gregorian calendar. Anyone who sought to work with them had to follow suit. This is why national policy often varies from local custom in Third World countries.
The government desires to trade on the International markets, but the ordinary family in the country can not. So, the government adopted the Gregorian calendar but the people only pay lip service to it. I live in Thailand and people here do not even use the 24 hour day divided into two halves. Their day has four sections of six hours each and the first part starts at 6AM, not midnight. Therefore, they have four 4 o’clocks a day, for example but no 7 o’clocks. They are also 543 years ahead of us, although this is more common, for instance in Muslim countries.
Owen Jones, the writer of this piece, writes on many subjects, but is currently involved with researching Franklin planner pages. If you have an interest in calendars, organizers or promotional calendars, please go over to our website now at Promotional Desk Calendars
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