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The name 'boom' itself is derived from the [[Boom and Bust]] cycle, or business cycle, and exonerates [[President Franklin Roosevelt]] and the [[New Deal]] of the charge of [[socialism]].  It attests to widespread understanding of the capitalist system in [[popular cultural]] immediately after the defeat of fascism. It has been argued that Franklin Roosevelt 'saved [[capitalism]]', and without him, America would have suffered violent socialist revolution.  By 1946 when newspaper and magazines began writing about the new 'boom' in babies, both the boomers' parents, now in their child baring years, and their parents and grandparents who suffered through the deprivations of the Depression and war, well understood the boom and bust cycle of capitalism as necessary to supply a nation and its people with all the food, clothing, shelter, and national defense to protect [[democracy]] and bring about prosperity for all peoples, and that the leftwing socialist and [[totalitarian]] regimes they fought against, first in [[National Socialist]] [[Germany]], then against the [[Union of Soviet Socialist Republics]] in the [[Korean War]], were a threat to [[freedom]], [[liberty]], and human rights.  'Boom times' meant opportunity, and an end to the ferquent and unstable ups and owns of the [[New Ordeal]].  Like an 'oil boom' or 'housing boom', the 'baby boom' was born, and their parents and grandparents had, by the testimony of their own lives, throughout the Great Depression and war years, a healthy respect for the [[profit]]-motive.  [[Communism]], or anything that threatened peace, prosperity, and family by the [[McCarthyism|McCarthy era]], was harshly disfavoured.
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The name 'boom' itself is derived from the Boom and Bust cycle, or business cycle, and exonerates [[President Franklin Roosevelt]] and the [[New Deal]] of the charge of [[socialism]].  It attests to widespread understanding of the capitalist system in the popular culture immediately after the defeat of [[fascism]]. It has been argued that Franklin Roosevelt 'saved [[capitalism]]', and without him, America would have suffered violent socialist revolution.  By 1946 when newspaper and magazines began writing about the new 'boom' in babies, both the boomers' parents, now in their child baring years, and their parents and grandparents who suffered through the deprivations of the Depression and war, well understood the boom and bust cycle of capitalism as necessary to supply a nation and its people with all the food, clothing, shelter, and national defense to protect [[democracy]] and bring about prosperity for all peoples, and that the leftwing socialist and [[totalitarian]] regimes they fought against, first in [[National Socialist]] [[Germany]], then against the [[Union of Soviet Socialist Republics]] in the [[Korean War]], were a threat to [[freedom]], [[liberty]], and human rights.  'Boom times' meant opportunity, and an end to the frequent and unstable ups and owns of the [[New Ordeal]].  Like an 'oil boom' or 'housing boom', the 'baby boom' was born, and their parents and grandparents had, by the testimony of their own lives, throughout the Great Depression and war years, a healthy respect for the [[profit]]-motive.  [[Communism]], or anything that threatened peace, prosperity, and family by the [[McCarthyism|McCarthy era]], was harshly disfavoured.
    
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==Easterlin Models==
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