Thursday, April 27, 2006

Elder Workers

Traveling is an eye opening when contrasts are obvious. I think I travel enough to see at least four times a year different regions, and contrast with changes are normal, but this past year one constant contrast is too darn obvious, and is the amount of elder people doing menial jobs, and with the many that I ask why they are doing the job, the majority say they need the money. That cannot be good for any one.
The largest segment of the population entering the labor force is the segment of 65-75 year olds. It is also the largest growing segment of the population in developed countries. Yes, we are growing older and beautiful and for most poor in assets or enough income to eat or have decent living standards, not everything is capital a large amount is due to the lack of soul. We have become extreme on religion and soulless in caring.
Proportionally, the elder are also the largest segment with lowest standard of living and most are at peril of pauper living. With children, elders are the largest age group in poverty.
What is wrong with a community or country which loses respect of its elders and young and allows them to be paupers?
It might seem acceptable for ideological reasons but is unacceptable as evolutionary purpose.

Where you can see this elder growth is in the areas where service industry thrives.
Geographically, states like Florida and Georgia where wealthy retirees are finding a pleasant retirement other retirees are finding jobs to supplement their pauper income.
The reason is the fact that most of these pauper retirees thought they were “middle class” at some point of their lives.
The fact of the matter is that to be in the middle of the pack that is in a society that has at least seven clear social classes: Super Rich more than $100 million in assets, The Bourgoises more than 25 Million in assets, the Millionaires from 2 million, the Middle Class more than 400K in assets, the educated worker class more than 150K in assets, the poor up to 50K in assets, the pauper no assets or negative assets.

In my recent post “Do You Know Your CPI” had the purpose of stating the fact that most people do not realize that if they do not know their assets they are setting themselves to be part of this large and growing working class group of pauper elders.

There is a new ingredient to the equation of jobs for the elder that is illegal workers and illegal employers. If there is a serious effort to apply the law, those new jobs that will be emptied by enforcing the laws on legal residency and employees might find a replacement pool of workers from a segment that was left unattended, and a segment that is marginalize in jails. Here is an opportunity to continue poverty!
I am encountering more and more elders working and I regret the experience and the situation should be rectified with decent pensions.

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