What You Must Know
- The boomers are large voting bloc.
- The president promised to guard Medicare and Social Safety for them.
- He additionally desires to broaden the brand new drug value negotiation program.
I listened to final evening’s State of the Union handle with quite a lot of anticipation. Not as a result of I’m inclined politically, however as a result of, as all of us know, the way in which the winds of politics blow straight and not directly impacts the power of a monetary advisor to correctly advise the shoppers.
So final evening, whereas others might have been ready to listen to about authorities instructions for taxes, battle or training, I used to be ready to listen to about child boomers.
The Child Boomers
Child boomers are these born between the years 1946 and 1964, and, anticipate this…. An estimate achieved by the Pew Analysis Middle calculates the variety of individuals within the child growth era in the US as someplace round 71.6 million individuals.
I additionally must confess I’m a child boomer myself, of 1955 classic.
Contemplating that the US inhabitants is hovering someplace round 330 million, we are able to agree that the infant growth era has a doubtlessly enormous impression on elections.
The State of the Union handle delivered final evening was aimed squarely on the 70 million plus individuals within the child growth era. It was illuminating when it comes to what it did say and what it didn’t say.
President Biden made it clear that he intends to maintain Medicare and Social Safety intact.