Baby Boomers Guide

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Manhasset Stories: A Baby Boomer Looks Back
Manhasset Stories: A Baby Boomer Looks Back
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The Baby Boomer Diet: Body Ecology's Guide to Growing Younger: Anti-Aging Wisdom for Every Generation
The Baby Boomer Diet: Body Ecology's Guide to Growing Younger: Anti-Aging Wisdom for Every Generation
by Donna Gates Lyndi Schrecengost
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After the Baby Boomers: How Twenty- and Thirty-Somethings Are Shaping the Future of American Religion
After the Baby Boomers: How Twenty- and Thirty-Somethings Are Shaping the Future of American Religion
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Baby Boomers and Beyond: Tapping the Ministry Talents and Passions of Adults over 50 (Jossey-Bass Leadership Network Series)
Baby Boomers and Beyond: Tapping the Ministry Talents and Passions of Adults over 50 (Jossey-Bass Leadership Network Series)
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I Am Taking Control: Healthy Aging and Financial Security for Baby Boomers
I Am Taking Control: Healthy Aging and Financial Security for Baby Boomers
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Baby Boomer Bust?: How the Generation of Promise Became the Generation of Panic
Baby Boomer Bust?: How the Generation of Promise Became the Generation of Panic
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Leisure Programming for Baby Boomers
Leisure Programming for Baby Boomers
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Welcome to Baby Boomers Guide

 

Texas Teacher Retirement System Article

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Baby Boomer Defined

from: Deb St. George - SeniorHealthPortal.com

Baby Boomer Defined and Their Impact in the Society

Today, there are countries which are considered as overpopulated. This is due to the increasing birth rates in different places, despite the measures of controlling birth. Babies born after World War II, when economic prosperity was at its highest, are called Baby Boomers. The exact years covered are from 1946 to 1964.

You might be wondering what caused this boom. After the war, all the cities and places affected were all provided with an increase in goods as well as services. The US also helped other economies by supplying them with goods in order to rebuild their economies. This resulted to an unprecedented economic growth which lasted for many years and only slowed down by the year 1958.

Aside from that, many individuals were also given the opportunity to attend college. And with the increase in college degree holders, the opportunity for getting high paying jobs increased. Many families benefited from this economic growth, and with higher incomes, they can provide for many children. And so many babies were born in this particular time frame.

What most parents didn't know is that these babies will soon grow up as domineering and rebellious individuals. But this doesn't mean that baby boomers are all bad. It's just that majority of the group comprise these kind of individuals but there also those who are peace loving and observes the social norms of the society.

What exactly is a baby boomer? There are many definitions and almost every definition is acceptable. In most cases, the baby boomer is identified because of his/her characteristics; but most of the time, it is based on the year that they were born.

Baby boomers are further divided into boomers and shadow boomers. Boomers are babies born from 1945 to 1957 while the shadow boomers or the echo boomers were born from 1958 to 1963.

During those years, about 79 million of the baby boomers were born. Babies born during this significant time have different cultural and political patterns. There are still many arguments as to the exact years, and this has something to do with another generation, the so-called generation 'x'.

Baby boomers are often hard to understand; and that is why baby boomers and their parents have a generation gap. There is a gap because boomers and parents differ in experiences, habits, opinions, and behavior.

In the 1960s, a great cultural difference between the generation of baby boomers and their parents included musical tastes, drug use, fashion, and politics. The baby boomers had great power because of their large number and so they gained influence, and power. They were also not afraid to rebel against established social norms.

Baby boomers were able to make a generational identity, and they were even recognized by Time magazine as 'man of the year' in 1966. They were famous for the catchphrase 'don't trust anyone over 30'; and this is probably because of the gap created between them and the older people.

This particular generation was not afraid to rebel against the society. They loved rock music, young males grew their hair long, young activists dominate during protests, increased in drug usage, and sexual revolution was only a few of the things that baby boomers love doing. Many elders detest this kind of acts but because of the large number of youth baby boomers, they can't do anything about it.

Then there is the so-called culture war between the boomers and the generation 'x'. They were constantly accusing one another of moral crackdown, sold-out ideas, undisciplined behavior, and wild outbursts. But both generations were able to make a mark in history.

Baby boomers will grow old. And soon enough, they will realize the value of life that their parents have been trying to teach them. Baby boomers are not really bad. Sometimes it has something to do with the society that they lived in. As youths, it's but natural that they want to be recognized and to gain acceptance. They are assertive and do whatever they like.

This may be due to the fact that they were able to enjoy a prosperous life, with fewer worries because of the widespread economic growth. Baby boomers are part of the history, and they are here to stay.





 

Texas Teacher Retirement System News

Fitch Rates Rio Grande City CISD, TX's ULT Rfdg Bonds 'AAA' PSF/'AA ... - MarketWatch (press release)


Fitch Rates Rio Grande City CISD, TX's ULT Rfdg Bonds 'AAA' PSF/'AA ...
MarketWatch (press release)
The 'AAA' long-term rating on the bonds is based on a guaranty provided by the Texas Permanent School Fund (PSF), whose bond guaranty program is rated 'AAA' by Fitch. The bonds are scheduled for negotiated sale on May 23.

and more »

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Texas Teachers' Pension Fund Invests in Casinos, Loses $99 Million - LoanSafe


Texas Teachers' Pension Fund Invests in Casinos, Loses $99 Million
LoanSafe
But the Teacher Retirement System of Texas wanted a big win, so it put $100 million into the buyout of a Las Vegas gaming company called Station Casinos. The company went bankrupt, and like many an unlucky jackpot-chaser, the state's largest pension ...

Read more...


Soros, PIMCO, Paulson, Texas Teacher Retirement Fund Buy Gold in Q1 - Business Insider


Soros, PIMCO, Paulson, Texas Teacher Retirement Fund Buy Gold in Q1
Business Insider
John Paulson maintained his large stake, the ETF's largest stake and other large and respected institutional buyers were PIMCO and the Teacher Retirement System of Texas. Paulson, 56, who became a billionaire in 2007 by betting against the US subprime ...

and more »

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Illinois Teacher Pension Plan Shift Could Save State Money, Cripple Downstate ... - Huffington Post


Illinois Teacher Pension Plan Shift Could Save State Money, Cripple Downstate ...
Huffington Post
The current retirement system for teachers helps wealthier school districts at the expense of poor school districts, when it comes to pension costs. A lot of school districts pay the "employee portion" of pension costs for the teacher.

and more »

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Whales in the Gold Market - Resource Investor


Whales in the Gold Market
Resource Investor
Eton Park Capital, Paulson & Co., Pimco, Soros Fund Management, and the Teacher Retirement System of Texas all bought shares of the world's largest gold exchange traded fund (ETF), known by its ticker of GLD, in the first quarter of 2012.

and more »

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SAISD approves $2.1M health transition - San Angelo Standard Times


SAISD approves $2.1M health transition
San Angelo Standard Times
... payment is meant to help with an overall cost increase most employees will experience by going to TRS-ActiveCare, which was created by the Legislature to cover public education employees and is managed by the Teacher Retirement System of Texas.

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Soros, PIMCO, Paulson, Texas Teacher Retirement Fund Buy Gold In Q1 - Seeking Alpha


Investment U

Soros, PIMCO, Paulson, Texas Teacher Retirement Fund Buy Gold In Q1
Seeking Alpha
John Paulson maintained his large stake, the ETF's largest stake and other large and respected institutional buyers were PIMCO and the Teacher Retirement System of Texas. Paulson, 56, who became a billionaire in 2007 by betting against the US subprime ...
Paulson Maintains GLD Position, Soros, PIMCO and Others AddInternational Business Times
Paulson holds to gold ETFs in Q1, profits as prices riseReuters

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