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Tue Jun 26, 2012, 05:14 AM

If you are a business-owner and your clientele base ages and dies off, who will buy your product?

Last edited Tue Jun 26, 2012, 05:59 AM - Edit history (1)

I saw this firsthand as my Aunt's boutique clothing business "died" off as she aged. She was as vigorous as ever, and still a crafty entrepreneur, BUT her customers were a very niche-y bunch of women. Right across the street from her shoppe was the Bell Telephone office (chock-ful of most of the women workers in our town ...aside from the waitresses, nurses etc and others who wore uniforms at their jobs). There was also a "business school", where they churned out class after class of "newly liberated" young women who would go on to become secretaries, office managers, stenographers ...think Mad Men..for real).

For about 20 years she had a little goldmine, and more customers than she could accommodate sometimes. She ordered with them in mind, and they paid her back by being loyal shoppers.

During the '60's , I was her one and only employee, so of course she started catering to the teen-set, but we were a fickle bunch, and we shopped all over the place.

But she still had her loyal phone company/business school ladies.

but I digress....................

The one thing she did not figure into her business plan was that slowly but surely automation/mergers and family creation would eat into her sales, and then of course as women "retired" and stayed home with babies, they no longer shopped on their lunch hours and they no longer needed new dresses, shoes, coats & jewelry.

The final blow was, after many years, the women who stayed loyal to her shoppe, started really retiring.

Her shoppe was a small fish in a sea of malls that sprang up, and the death knell probably was due to that as well, but the real business-killer was the fact that her specialty clientele "outgrew" her place, and new customers either were pickier or more fickle or both.

The health care insurance industry is facing a similar fate sooner rather than later, and they should be on their knees, kissing Obama's feet, instead of behind him with a dagger.

WHO WILL PAY THEIR EVER-INCREASING PRICES FOR COVERAGE?

The ONLY thing that has kept them viable & has made their CEOs rich-beyond-all-comprehension is the HUGE pool of Boomer-workers who caught the tail-end of what was left of the "American Dream" job market.

The workers **(C.O.B) who followed the Boomers, are likely to be at opposite ends of the wage-spectrum. A few will be in speculative or highly-prized/paid occupations and will always sit at the front of the Gravy Train, still making big bucks and retaining the ability to pay high premiums, but the majority are having wages lowered/eliminated; they are clinging to a raggedy rope as they are dragged down the tracks behind the caboose and they can no longer even participate in the [strike]ponzi[/strike] scheme.

The "mandate" was the bon mot tossed into the gaping maws of the insurance companies, to force people to continue to "buy" from them. If SCOTUS axes it, the insurance companies have the MOST to lose, since their product ...."permission slips" is becoming too costly for the 99%ers, and the 1%ers don't "need" the coverage.

The "Greatest Generation" is dying off, and they have been on Medicare for a very long time now. The "Largest Generation" is ticking days off the calendar as they too graduate into Medicare, and out of the clutches of **"G.B.I.C."

The "<insert appellations here> Generations" that follow are mostly uninterested and unable to participate in the scheme as we go forward.

Just how on earth does a generation of **"E.C.D" get into the "game"...or even want to play the game.

** Children of Boomers
** Greedy Bastard Insurance Companies
** Extreme College Debt



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Response to SoCalDem (Original post)

Tue Jun 26, 2012, 05:26 AM

1. just so you know

the younger Boomers are losing the American dream right along with the workers who follow them

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Response to Skittles (Reply #1)

Tue Jun 26, 2012, 05:33 AM

2. Yep.. anyone 45-64 is in a real mess

I have only 2 more years until I turn 65 and I am anticipating that birthday more than any other..even 16 or 21..whodathunkit

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Response to SoCalDem (Reply #2)

Tue Jun 26, 2012, 07:19 AM

9. I'm right with ya... Never dreamed I'd find myself unemployed and unemployable

 

At 56. I'm living off of my savings now and will run out of momey just about the time that SS kicks in, at which time I'll need to survive on 20% of my former income.

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Response to Flatulo (Reply #9)

Tue Jun 26, 2012, 10:36 PM

14. and we still have to wonder if SS / Medicare will still be around

it's like they want us all to just fucking die

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Response to Skittles (Reply #14)

Wed Jun 27, 2012, 01:55 AM

15. They DO.

When the largest generation "leaves the building", the population will be more manageable.

The people who came after us are more malleable, are used to lower wages, are deeply in debt, and are used to being treated like shit by government and bosses.

We are the last vestiges of an era in the US, when at least SOME politicians tried to fix what was broken.

In the future, the pols won't even have to try because the take over will be so complete.

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Response to SoCalDem (Reply #15)

Wed Jun 27, 2012, 02:46 AM

16. I remember the pre-Walmart days

absolutely

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Response to SoCalDem (Original post)

Tue Jun 26, 2012, 05:41 AM

3. Rec'ced

Excellent post. Great analogy. I'm still 8 years away from Medicare and 8 years is a LONG time to go without medical care.

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Response to Le Taz Hot (Reply #3)

Tue Jun 26, 2012, 06:02 AM

6. I am NO expert, but I firmly believe that anxiety & fear can make you sick

and of course the advertising every 3 minutes about all the horrible diseases/meds side effects/ cancer hospitals are not helping either ..

I have nearly worn out my mute button ..

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Response to SoCalDem (Original post)

Tue Jun 26, 2012, 05:56 AM

4. If the Supreme Court axes the individual mandate, the health insurance market will collapse.

Prices will rise at such an unsustainable level that large segments of the population that have not yet dropped coverage, will drop coverage. The few who can afford the gold-plated policies will continue to do so, and the rest will drop out or downgrade coverage to sub-par insurance policies or whatever they can afford.

If a collapse does occur, a lot of people are going to die prematurely, and the only silver lining in that cloud is that it may be enough of an event to force a real reform of the system. On the other hand, if the Court keeps the individual mandate, our health care system will be put on life support indefinitely. It won't be the best system in terms of overall health care outcomes and cost containment, but it won't collapse either, and anyone who attempts to reform it for better will encounter many institutional hurdles and entrenched opposition from both right wing Democrats and extremely right wing Republicans.

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Response to SoCalDem (Original post)

Tue Jun 26, 2012, 05:59 AM

5. That's why the GBIC got their filthy vampire fangs into Medicare, aka Part D.

 

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Response to SoCalDem (Original post)

Tue Jun 26, 2012, 06:06 AM

7. When I saw your title, I thought u were talking about the Republican Party.

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Response to crazylikafox (Reply #7)

Tue Jun 26, 2012, 08:00 AM

10. Me too!

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Response to Bosso 63 (Reply #10)

Tue Jun 26, 2012, 10:40 AM

11. They are planting the seeds of their own destruction

but our wimpy media keeps propping them up instead of telling the truth about them..

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Response to SoCalDem (Original post)

Tue Jun 26, 2012, 06:08 AM

8. The new old people. For every senior who passes, a new one becomes that age. More or less.

Except that in the coming years, there will be fewer, because the birth rate was lower after the boomers.

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Response to SoCalDem (Original post)

Tue Jun 26, 2012, 10:41 AM

12. Well, that's an easy answer.

We simply need to cut government regulations on the health care insurance industry, and lower taxes on corporations and the rich. That'll take care of the problem lickety split. It's true! It will! I don't need to explain it, justify it or provide data and reports on why it will work, it just will.

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Response to Thav (Reply #12)

Tue Jun 26, 2012, 07:23 PM

13. Oil wells & wishing wells fix everything..if taxes are just low enough

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