Death of the middle class

Being referred to as “middle class” when pre-boomers were kids indicated that a family had more than the necessities of life.  In the boom times after WWII, more and more people qualified for this title.  To be middle class meant having a house, a car, a TV set and probably being able to take some [...]

The Budget, the Deficit and Us

The Federal Government’s budget will be the highest in history, topping $3.8 trillion, while the deficit for this year is pegged at $1.6 trillion for the fiscal year starting in July, 2010.  That’s a long way from where these numbers were 50 years ago when most pre-boomers were in the workforce, or would be soon.  [...]

PreBoomer Musings - Blogged