Summer is super-active; even the loons are busy dodging looping boats. The interns keep chasing after more BITN bits—just ahead. And I’m attending a retiring party tonight for an educator who walks away with full bennies + pension at 58. Not bad, eh? Especially compared to story snapshot #1…
The AP tackled a mountain of stats this week further confirming the present economic boom works for some more than others—for whom WORK will remain a key piece of their long-term survival. They hope.
23% say they don’t expect to stop working—EVER. Only 29% over 50 believe they are extremely or very prepared. And 56% of younger adults say they’re unprepared to retire.
The article is loaded with stories and stats that, according to the MYBA Armchair Economist, are nothing short of distressing. Not mentioned (as usual) but most important is the exploding income equality gap: The top 10% now hold 70% of the wealth in the USA. Beyond that, the AP story discusses stern retirement realities including health problems, longer life spans, caring for sick family, expensive healthcare and cost of living, and, of course, a crazy little thing called aging.
Good luck, everyone. We may need it.
The MYBA interns are tech-savvy, of course, so we take advantage of that AND have mandatory unplugged times daily. That’s a good idea, says this Philly Enquirer story about e-stress, which confirms, “ Several studies have linked social media use with depression, envy, lower self-esteem, and social anxiety.”
To deal with this onslaught of self-induced stress, the article offers some common-sense (yet perhaps unhip) suggestions like:
The article also acknowledges the potential upsides of SM and tech as tools, like, some folks find meditation apps effective. Others find online communities that help with various struggles. And some, we hope, get a laugh a day out of some silly post (though the article didn’t mention that)!
Hmmm. Just a few days ago, the AP reported that a PA school principal wore blackface (to portray a TV star) to a team-building exercise. This was eventually deemed not okay, so the principal was given a one-year sabbatical, and a future position as a teacher—not an admin.
A one-year sabbatical sounds pretty good right about now. So as punishments go…could be worse (as we say here in MN). As I try to think of a final comment to this odd story, I can only come up with: No comment.
Stay tuned for more BreakAways in the News. The world is watching us…