Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your mobile phone number.
Other Sellers on Amazon
+ Free Shipping
+ Free Shipping
Boomergeddon How Runaway Deficits and the Age Wave Will Bankrupt the Federal Government and Devastate Retirement for Baby Boomers Unless We Act Now Paperback – August 1, 2010
About the Author
An award-winning business journalist, the author worked 16 years at Virginia Business magazine as editor and then publisher. He subsequently launched Bacon's Rebellion, a public policy newsletter and blog, and then joined the Boomer Project, a market research firm specializing in marketing to Baby Boomers. Now he contributes to Generational Advisor, a publication that provides generational perspectives to financial advisors.
Top customer reviews
Boomergeddon's analysis of what's gone haywire is lucid, appropriately gloomy, but leavened with humor and good sense. That's a rare gift for readers -- it makes what could be a numbing diatribe an easy and highly informative read. Check out the section titled "Sex, drugs and rocky road ice cream."
As for the author's proposed remedies...that's the beginning of an excellent conversation! One especially insightful chapter offers advice at the individual level, including the revolutionary but inarguable: stop buying so much stuff.
For fixes at the macro level -- government policy -- my long-time friend Jim has pulled together a truckload of solid research, and interpreted it compellingly. Buy this book, read it, take it seriously. Listen well to its critics. Then "give yourself a slap on your big, fat Boomer booty," as the author advises, and make some careful plans.
This is not a book to enjoy. But it is an extremely valuable read and resource for anyone who wants to have an informed conversation about viable economic and socio-economic policy. For example, if the reader is passionate about making health care available to all Americans, he or she must understand that there is cost, that it must be paid and have a credible strategy to do so. Or, if we consider ourselves rational and think that increased taxes is the answer or some form of austerity is the answer, we need to know what it is we are answering and the basis of that conviction. This book provides the data and resources to formulate or defend those positions.
Jim writes in a chatty, bloglike easy-to-read manner. The pain in reading the book is the enormity and complexity of the topic and the myriad issues to be incorporated into one's analysis but, like chemo-therapy must be endured to combat cancer, understanding the patterns of this informational quilt is essential to tackling the issues. Read it. It's worth it.
James Bacon's message is clear: reform now or else. The numbers he puts forth are cold facts that tell the story of a civilization headed for bankruptcy. His mastery of the economics involved and his ability to convey the message of looming misery baby boomers will face will hopefully be the wake up call needed to galvanize readers into pushing hard on our political establishment to change the course of our present derelict ways. This is not another economics work shrouded in arcane ivory tower "dismal science" language, instead James Bacon explicitly puts forth his thesis in a refreshingly clear, concise and well documented form which in my view makes it a perfect textbook for any economics college professor concerned with educating his students on this most pressing issue of our time. I strongly recommend "Boomergeddon" to anyone with an instinct for self survival.