Feb 2 2012
The Coming Demographic and Financial Disaster – Median income of Americans 65+ is $19,167. What happens when less affluent youth move back home and clash with older generations?
What happens when a society that prides itself on a middle class and self-sufficiency suddenly starts losing both? For over a decade the middle class in the US has been shrinking. This isn’t some speculation but is reflected in the stagnant household income data. You also have a giant demographic train in that many baby […]