Think God for Mom and Dad

Thank God for Mom and Dad and the fact that they grew up in a time when their friends and neighbors weren’t sending their jobs overseas and they could actually pursue the American Dream and pay off their house over a 30 year period.

The article pretty well says it all, but for you corporate executives, both large and small that are not willing to see what you are doing to the American economy, or you are drinking from the CNBC and WSJ Koolaide, all I can say is shame on you for destroying your country and I hope your own parents refuse to invite you for Thanksgiving or Christmas this year and if they do, I hope that they give you a piece of their mind because its obvious that you didn’t listen to them as a kid when they tried to teach you to put God and Country First!

Nearly 1 in 7 parents with grown children say they had a “boomerang kid” move back home in the past year, according to a study being released Tuesday by the Pew Research Center. In a turnabout in the rite of passage in which a college graduate finds a job and an apartment, many are returning to their parents’ empty nests because of tight finances or as they pursue an advanced degree.

“The journey home for Thanksgiving won’t be quite so far this year for many adults,” said researchers Wendy Wang and Rich Morin, who wrote the report. “Instead of traveling across country or across town, many grown sons or daughters will be coming to dinner from their old bedroom down the hall.”

Pew’s survey and analysis of government data found that the share of adults 18 to 29 who lived alone declined from 7.9 percent in 2007 to 7.3 percent this year. Drops of that magnitude were also seen during or immediately after the recessions of 1982 and 2001.

Roughly one-third, or 35 percent, of boomerang kids said they had lived independently at some point in their lives but had to move back in with their parents. About half of the grown children worked full- or part-time, while 25 percent were unemployed and 20 percent were full-time students.

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