MEET THE 'ECHO BOOM': The 80 Million People Who Will Save The American Economy

Flickr / breezy421The Great Recession may have delayed the plans of many recent college graduates.

But the "Echo Boom" generation — the sons and daughters of Baby Boomers — are too numerous to be kept down.

There are 80 million of them, and they're out to save the American economy.

All of the normal things that drive the economy — household formation, entering the workforce, etc. — will be driven by this slice of the population.

Thanks to the Echo Boom...

• Stocks will go up
• More households will be formed, leading to a recovery in real estate.
• The national income will surge.
• Lots more spending will happen.

We wanted to explain why, despite the licks they've taken, this group will end up bailing out the economy.