Silent Generation Wins Life Lottery as Richest U.S. Age Group

Discussion in 'Economics & Trade' started by evince, Nov 12, 2014.

  1. evince

    evince New Member

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    http://www.msn.com/en-us/money/money...oup/ar-AA7J44p


    Silent Generation Wins Life Lottery as Richest U.S. Age Group








    Some 34 percent of the Silent Generation self-identifies as Democrats, 32 percent as independents and 29 percent as Republicans, according to the Pew Research Center in Washington. Still, older Americans were critical to the GOP’s success in midterm elections this month. About 22 percent of the electorate was 65 and older, and Republican candidates won their vote by a 16-point margin, Pew data show.




    How will the baby boom and the gen Xers fair in the new normal for American workers?






    The median family net worth of Americans 75 and older was $194,800 last year adjusted for inflation, compared with $130,900 in 1989, the Fed data show. Members of the Silent Generation are currently about ages 69 to 86.

    With the youngest of the group eligible to start retirement in 2007, they had some protection against the largest financial downturn in the post-World War II era. The title of richest ever will probably go unchallenged for now as the hit to net worth for the two subsequent generations -- late-wave baby boomers and much of Generation X -- will be difficult to recoup before those groups begin to leave the workforce, Emmons said.


    what can this country do to help these generations who saw their economic lives so very disrupted by failed economic policy?
     
  2. evince

    evince New Member

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    being nice makes it so no one will discuss the facts.


    why is that?
     
  3. evince

    evince New Member

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    one party refuses to use the moral rules of play in this country.


    how do we stop them from destroying our Union?

    by being nice?
     
  4. evince

    evince New Member

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    force kindness really kills conversations
     
  5. evince

    evince New Member

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    its really really sad that facts mean nothing


    no wonder the right in this country can get away with sooo much cheating of the voters
     
  6. evince

    evince New Member

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    are these not facts?


    are they not important?
     
  7. evince

    evince New Member

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    They are the FACTS that effect the american peoples lives.



    how do people save what they need when the economy is purposefully crashed by certain people?
     

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