Will there be a glut of boats for sale once Baby Boomers retire from boating?

[smbdyiam2]

Will there be a glut of boats for sale once Baby Boomers retire from boating?


They make new boats all the time..... They quit making baby boomers years ago.
same way with autos. autos they recycle . boats they abandon.

reduce population growth? between wars and natural disasters that has been going on since Noah.
AI intelligence may reduce jobs/ income and in effect lower birth rates and increase deaths from poverty.

CRUISE NOW LIFE IS SHORT.

[slug]

Originally Posted by redneckrob

Reducing the population of potential buyers increases the number of potential buyers? Oh, it's the brown skinned people stealing all those high paying jobs of the would-be sailboat buyers so they can't afford to buy boats....except the brown skinned people stealing the high paying jobs themselves aren't wealthy enough to afford to buy boats despite stealing the high paying jobs....wait a minute, your statement just doesn't make any sense any way you look at it!

A quick hint for you, the places where populations are shrinking and immigration is severely restricted, Japan being the clearest example, are most definitely not seeing increased prosperity and disposable incomes (or increased boat ownership for that matter, despite being an island nation). So epic fail on those ideas in practice as well.

By the year 2050 the median net worth of a Latino household will be ZERO

To deal with this social burden , money will be transferred from the pockets of the upper middle class....the boat owners

Maybe you must rethink your views on appropriate immigration policy for the future

[Lake-Effect]

Originally Posted by Mike OReilly

There has indeed been a fundamental shift in how work gets compensated. The shifting of manufacturing to low-wage areas, and probably more importantly, the increasing automation and now AI-ation, has decimated many well-paying sectors in the developed worlds' economies.

Of course, there are still jobs. It's just that we don't compensate them at the same levels. This, I would argue, is due to intentional policy changes, both in government and in the business sectors. There's no reason today's low-education jobs can't be compensated at equally high levels. It's a societal choice.

Like you, I mused a while back that it may be that the post-war period, where the rising economic tide really did float all boats, may actually be the anomaly. The long-term normal really is some sort of feudal structure where the few control most of the wealth. And the many are turned into renters, and live precarious lives. This certainly seems to describe most (but not all) developed economies these days.

I read an essay a while back (can't remember where) which put forward the the idea that, post-WWII and during the Cold War, the western nations had to ensure that the working classes were happy, because otherwise, communism/socialism would potentially start to have greater appeal.

When the Cold War was ended by the breakup of the Soviet Union (1989), there was no longer any political reason to support a happy native working-class, and there was an increase in union-busting, outsourcing, aka "globalization", and that's about when income/wealth inequality started to increase and the middle-class stagnation began.

[slug]

Originally Posted by Lake-Effect

I read an essay a while back (can't remember where) which put forward the the idea that, post-WWII and during the Cold War, the western nations had to ensure that the working classes were happy, because otherwise, communism/socialism would potentially start to have greater appeal.

When the Cold War was ended by the breakup of the Soviet Union (1989), there was no longer any political reason to support a happy native working-class, and there was an increase in union-busting, outsourcing, aka "globalization", and that's about when income/wealth inequality started to increase and the middle-class stagnation began.

Sounds like more media trash

Globalism benefits you Your family and the whole world

The world needs more globalism, not less

The stagnation of the middle clash is a complex subject

For instance the erosion of the family unit

This is not caused by globalism, capitalism, fat cat tax cheats , the digital revolution ....:

[cyan]

Originally Posted by slug

Globalism benefits you Your family and the whole world
The world needs more globalism, not less

Sounds like more media trash

[Lake-Effect]

Originally Posted by slug

The stagnation of the middle clash is a complex subject

For instance the erosion of the family unit

If you can no longer raise a family on one salary, that's a pretty obvious cause.


I'm not against globalization, but it's been a mixed blessing, and said blessings have not been conferred very evenly.

[slug]

Originally Posted by Lake-Effect

If you can no longer raise a family on one salary, that's a pretty obvious cause.


I'm not against globalization, but it's been a mixed blessing, and said blessings have not been conferred very evenly.

The best way for America to adapt to globalization is to reduce domestic consumption and increase exports

It shouldn’t be that big of a challenge