Grandparents Sharing Family Burdens Of The Economic Crisis

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Grandparents are stepping up, and the American family may never be the same.  A few years ago, a key microtrend was the Working Retired — aging Americans who were so enjoying work and health that they either wouldn’t retire or were starting second careers altogether. One incidental effect was that grandparents weren’t around to help their adult children with the kids — putting a squeeze on those younger families, and giving a boost to daycare and nannies. New helicopter parents were increasingly reluctant to call upon their parents, and when they did their parents were often too busy or preoccupied.

 

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