I've heard numerous reports done by media sources with regards to the older unemployed workforce.
This group represents most of the late half of the baby boomers. They are individuals with a sense of responsibility, work ethic, and loyalty. Yet they unemployed longer and have had the most to lose. It is significant that they are also the generation that was the heart of the cultural revolution of the 1960s. And with a nod to Tom Brokaw, this in my opinion is the greatest generation.
Has the bill come due for this generation that stood up against militarism, pollution, and materialism?
A rhetorical question, something to consider.
There is one aspect of this generation's loss of employment that I've not heard reported. The last 15 years of person's career is usually their most beneficial as it pertains to their retirement. They should be in their highest income phase with regards to their career. They will also, or should be, still be paying into social security.
Now for all these people that have been put out of work, what happens to their social security payouts? Those social security earning reports that used to come out and which also gave a person an idea of what the SS monthly benefits would be upon retirement, those monthly benefits will now be reduced because of a lack of contributions. Which politicians will use to show more solvency in Social Security, regardless of what is perpetrated on these citizens.
How much of this economic debacle's different elements and projections go unreported?
The crimes of the financial sector, the collusion of SCOTUS defining a corporation as a person, and the bribed politicians are all in this fraud together. The most tragic aspect of all of this is that we are all accomplices.