Economic recovery will start and thrive with baby boomers

I stumbled over this today and just loved the idea that experts, people who know a lot more than I do believe baby boomers will begin and carry the economic recovery everyone is hoping for. Baby boomers, economic recovery - wise, are a force to be reckoned with and have a ton of impact on our nation. Here's the quote I enjoyed so much from Rtoonline.com

"...according to one expert, (baby boomers) hold the key to America's economic recovery and why the best thing American business could do right now is market to boomers.

'When the American economy recovers, it will be on the backs of Baby Boomers," said Steve Howard, author of Boomer Selling (ACTion Press). "Consumer spending is the backbone of our economy, and Boomers are still spending – they are simply being more selective than before the recession. When selling to them, you can't ‘quick close' them, you can't corner them into buying something they don't want and you can't trick them into buying something they can't afford. So, the best thing any business in America could do right now is to learn how to sell to Boomers. It's not just good for business – it's good for the economy.'

My husband and I feel we're doing exactly that. We spend when we need to, but aren't afraid to say "no" when it's prudent to do so. We demand good value and great customer service. We'd rather pay a bit more and get personal attention than hang out at big box stores scarfing up mega tons of stuff as we might have done once. Let's hear it for frugal and prudent boomers who will, once again, contribute value and ardor to this countries well-being.

Print | posted @ Wednesday, June 03, 2009 8:21 AM

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