The coming job boom? Not from major growth in industry but actually from less workers to fill all the jobs neccessary to service the expanding needs of millions of new retirees. This is the job boom we don't need nor want. A shortage of labor causing higher wages when our expanding surge of seniors can least afford it - the years they move into fixed income.
Look how great the 80's and 90's were. We had a population of boomers numbering 80 million. 80 million to buy and acguire, and to care and to bury, the generation of 45 million that gave them life. Now, looking into the future, that same 80 million is being followed by an equal 80 million. A one to one ratio that is bound to change a standard of living that we have enjoyed in the past.
The coming job boom. The baby boomers have just went through it's peak productive years. Now those boomers start to move into the years that they become net consumers and there will be a real shortage of workers to fullfill those needs. This is a job boom I'm not looking for- a job boom caused by contraction and not expansion.