July 12th 2013

When Boomers Bail. How demographics will sort communities into winners and losers. Mark Lautman.

Governor’s Technology and Economic Development...

When Boomers Bail. How demographics will sort communities into winners and losers. Mark Lautman. 2011. ISBN 9780981786933.  I volunteer with my City on an Economic Development Committee. In researching the topics I found Lautman’s book. To say this book blew my mind is to  say a tempest is a mild wind.  The author has earned his chops as an US Economic Development specialist for years.  He says that the shortage of trained , qualified people is the biggest threat to community prosperity there is.  We are approaching at time of zero labor – Where there are more jobs than the people to fill them and the rest of the population is unskilled, underage or retired.  Where the “supporting”  workers are much fewer than the ‘supported” ones.  The book clearly states out the issues, the obstacles, what will happen if nothing is done and things to do. I especially appreciated his data gathering and metrics for knowing where the community is and where it is going.   Quite a far sighted book , that a casual reader will pooh pooh – at his/her peril.  Public and private impacts are huge.  Quite a bargain book on the Kindle.

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