Boomers Unused Resorce?
AN OBVIOUS PROBLEM
It is no surprize that the challenge presented to the USA by the aging population represented by the Baby Boomers would present very chalenging problems to the entire population of the United States.
Those in politics have lamented this situation for over four decades but lamentations have not resulted in needed solutions. The current magnitude of this problem does not lend itself to typical political solutions. My purpose in writing this hub is to both make some proposals and stimulate other proposals for consideration for the common good of all American citizens..
Scope of The Problem
The scope of the problem presented by the looming retirement of the baby boomers have been well documented by many others. With a current National Debt of the USA at $12 trillion, and current unfunded liabilities represented by past promises of Social Security and Medicare presently amounting to $60 trillion the scope of this problem is self evident. This total figure of $72 trillion dollars amounts to $230,000 per citizen and growing rapidly.
For historical perspective until 1933 the largest budget of the Federal Government had been $5 billion during WW I. Our current econimic situation is clearly unsustainable and failure to find a workable solution will result in economic catastrophe. The transfer of wealth from the young to the old is totally unjustified and detrimental to THIS GREAT UNION. It is possible if unsolved the Union shall perish into the dust bin of history. I warned my daughters of this emminate disaster over twenty years ago. Enough with the lamentations!!!
Bring Light Do Not Curse The Darkness
I will now attemp to bring light into a proposed solution to this problem. The Boomers do not have to be a liability. We are in fact a great asset. We have knowledge. We have experience. We have capability. Most importantly I believe we are motivated to be part of the solution and not be part of the problem. My belief is overwhelming supported in this very forum. Many hubbers are in my age group and I can see the qualities which I espoused above.
I believe our assets must be utilized to solve the problem. We can contribute by both ideas and actions in many ways. These contributions can be utilized by government, private and academic entities. For myself I am currently volunteering to use my knowledge in any productive manner to add value to the economic well being of the USA . If I can can contribute value rather than just consume resources then the economic impact of the Boomers use of assets will be offset (by some amount) by the contributions of value of ideas and actions.
This idea has been in practice for years by retired corporate executives (SCORE) there is no reason why it's larger introduction to retired boomers should not work productively.
I Need Your Help
I have presented a proposal in this hub. If you agree please show your support in both words (comments) and deeds (willingness to volunteer) and further ideas towards implimentation. I intend to forward this idea to the Dean of The WVU School of Engineering (my alma mater). Let's get all thinkers involved in the solution and send ideas to those who may make ideas into reality.
I do not want my generation to go down in history as the worst generation in the History of the USA, and I beleive this is a means to our redemption. Thank you and God bless you, and may God bless the United States of America.
Today (9/2/2009) I was contacted by SCORE in Wheeling, WV concerning my proposal. SCORE is interested in implimenting the proposal. We will be talking by telephone on Friday (9/4/2009) about further details and probably meeting on Monday (9/7/2009). I am hopeful that our talks will be fruitful. I will keep you all informed.