Why Talk About It

I started writing this blog to talk about lifestyle issues of the aging Baby Boomers. So why have I been writing so much about the economic issue of cheap labor?

Cheap labor impacts the lives of aging Boomers more than most other Americans. Employers are eager to dump Boomers whose experience in the workforce results in them being more expensive than younger workers. Boomers age also raises the cost of health insurance for all the employees at companies that provide health insurance.

The new health insurance reform does nothing to protect the jobs of aging Boomers. Companies that don't opt for paying the penalty instead of offering health insurance will be more eager to dump the older workers. The current economy is a great excuse for layoffs.

Most employers no longer offer pensions. Government jobs that promised generous pensions may renege on that offer. Many Americans talk about working until they drop and save little or no money for the future. Now the option of working until you drop is disappearing because of the many sources of cheap labor if American citizens are avoided.

I don't know what is going to happen as millions of aging Boomers age out of employment with no other resources for their survival. Of course I am absorbed with watching politics and economics. After all, who can resist slowing down to stare at a train wreck.

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