the influence of baby boomers on American economy

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1、theinfluenceofbabyboomersonAmericaneconomy【Abstract】Babyboomergenerationhasbeenoneofthemostuniqueandinfluentialagegroupsofalltime.Astheyareretiringandgraduallyexitingfromthelaborforce,theconsequencesmaybemoresignificantthanonewouldanticipate.Theirretirementwilllikelycauselaborshortagenotonlyin

2、theUSbutalsointernationally.Substantialportionoffinancialassetswillbeshifted.AnditisverylikelythattheconsumermarketswillexperiencechangesaswellAsmanycountrieshave,orareexpectedtohaveinthenearfuture,thesimilarproblems,understandingtheconsequencesofaginggenerationthathassignificantinfluencesinac

3、ountryeconomyisvitalforthefutureeconomicplanofmanydevelopingcountriesthatwillfacethesimilarsituationinnextfewdecades.【Keywords】babyboomergeneration,Americaeconomy,societyAfterWorldWarII,TheUnitedStateshasapopulationbabyboom(1946-1964),Thissectionofthepopulationwasbornintheperiod"calledbaby"boo

4、mgenerationbytheUnitedStates.Sincethe"babyboomer"bornpopulationinthesocialchangeintheU.S.hasplayedaleadingrole,itsimpactisextremelysignificant.The"babyboomer"referstothepostwargenerationbornbetween1946to1964.The"babyboomer"accountsfor77%oftheentireU.S.financialassets,thetotalannualincomeofmore

5、than$4trillioninannualpurchasingpowerof$2.1trilliondollars.(U.S.GNPin2004to$11.7trillion).AccordingtotheactualU.S.datashowthatthebabyboomerpopulationhasstartedtoentertheretreatage.The"babyboomer"populationeverysevenseconds,thereisaturn60yearsold.Alongwiththeagingofthepopulationasawhole,economi

6、cagentswillalsopresenttheoverallagingpopulation,whichinmanywaysextremelyimportant.Firstfromtheproductionsidecanbeobservedintheagingtrendofdeclininglaborforceandlaborforce;activeintheconsumercanlookforwardtotheretreatindustrytrends;canalsopredicttheretreatoftheelderlypopulation,alargenumberoffi

7、nancialassetsareconvertedfromtheaccumulationstagetothedistributionstage,andthesocialsecuritysystembegantoincreasefrom2007spendingwillbeathreattothefinancialaspectsoftheGovernment.Forproduction,consumption,financeandotheraspectsofplaycan