And you know, the baby boomers are getting older, and those off the rack clothes are just not fitting right any longer, and so, tailor-made suits are coming back into fashion.
There's an age group that's just not being entertained - the boomers. There's a void out there. It's nice to be one of those who can fill that void.
Bonds as an asset class will always be needed, and not just by insurance companies and pension funds but by aging boomers.
Baby boomers don't go out as much, they aren't interacting with each other and they would rather stay home and watch TV. That's the audience for a guy like me, unless I'm doing 'Bad Santa.'
We've been lucky because quite a few young people keep coming to see us play. We couldn't tour as much as we do if we could only count on the baby boomers.
As the baby boomers like me are retiring and getting ready to retire, they will spend whatever it takes - and they're the wealthiest generation in our country - to make themselves live an enjoyable life in their retirement years.
Any politician that says no tax revenue or zero spending cuts does not deserve reelection. Our hole is so deep in this country with the debt and the debt service, the interest on that debt, before the big expenses come for Social Security and Medicare - for we baby boomers in a few years - that everything has to be on the table.
The Boomers have modeled a set of bad habits, and one grand gesture is not going to unwind all those bad habits.
Like the 'little emperors' of one-child China, too many Boomers were taught early that the world was made (or saved) for their comfort and enjoyment. They behaved accordingly, with a self-indulgence that was wholly rational, given their situation.
The Boomers will eventually have to accept that it is not possible to stay forever young or to stop aging. But it is possible, by committing to show up for others in community after community, to earn a measure of immortality.
