Back in 1955, Tennessee Ernie Ford sang a song that would go on to be a huge hit for him. It was called Sixteen Tons.
"....Another day older and deeper in debt
Saint Peter don't you call me 'cause I can't go
I owe my soul to the company store..."
As I read the words to the song, I couldn't help thinking how some things just NEVER seem to change. If you're a baby boomer sharing a birthday with me today, HAPPY BIRTHDAY. If you're a baby boomer deeper in debt, welcome to the club---there's plenty of us out here!
According to an AARP Sponsored study:
* The rate of bankruptcy filings among those ages 65 and older has more than doubled since 1991.
* Americans age 55 or older have experienced the sharpest increase in bankruptcy filings.
* Americans age 34 or younger have experienced the greatest decrease in bankruptcy filings.
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1 comment:
Despite the sobering news about debt and bankruptcy filings, I do wish you and all those boomers with birthdays on June 21st a festive celebration of your natal origins. Even in the toughest of times, we need to mark those special occasions with joy and fun.
So, happy, happy birthday, dear Beverly!
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