<transcript><audio_80>graduate will have four to five career changes before he or she retires sometime in the in the mid or late 70s uh and and for it is important to recognize of course that it is anglos who are overwhelmingly disproportionately overrepresented among</transcript><transcript><audio_81>the senior folk in America because they were the ones who've been born here in the 20s and 30s um in early 40s because there was no one else only Europeans had been allowed to come to this country and we have not seen anything yet that incredible period</transcript><transcript><audio_82>after World War II when the rising tide lifted all boats when America emerged out of that war the sole economic power in the planet with enormous technological innovations for the war effort then turned into commercial uh consumer goods and the average American</transcript><transcript><audio_83>man wherever he was on the up escalator literally doubled his income in real terms between 1950 and 1970 making more money every year and those were the years when we celebrated the stay-at-home housewife mother in</transcript><transcript><audio_84>Suburbia the average American woman gave birth to 3.6 children and the baby boom was launched upon the land preceded and followed by Baby Bus Generations so for 60 years it's been this bulge going through the system demographers talk</transcript> graduate will have four to five career changes before he or she retires sometime in the in the mid or late 70s uh and and for it is important to recognize of course that it is anglos who are overwhelmingly disproportionately overrepresented among the senior folk in America because they were the ones who've been born here in the 20s and 30s um in early 40s because there was no one else only Europeans had been allowed to come to this country and we have not seen anything yet that incredible period after World War II when the rising tide lifted all boats when America emerged out of that war the sole economic power in the planet with enormous technological innovations for the war effort then turned into commercial uh consumer goods and the average American man wherever he was on the up escalator literally doubled his income in real terms between 1950 and 1970 making more money every year and those were the years when we celebrated the stay-at-home housewife mother in Suburbia the average American woman gave birth to 3.6 children and the baby boom was launched upon the land preceded and followed by Baby Bus Generations so for 60 years it's been this bulge going through the system demographers talk
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