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Old 05-23-2011, 12:04 AM
 
Location: Los Angeles area
14,022 posts, read 16,955,449 times
Reputation: 32179

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According to poster User I.D. in a thread in the Business, Finance, and Investing Forum entitled "Means test Social Security and Medicare?", you Boomers are really hated by the younger generations. First, I say "you Boomers" because I am slightly too old to be one. Second, I do not particularly agree with User I.D. and I have been partially rebutting him in that thread. However, it was his vehemence which surprised me. His basic thesis is that Boomer entitlements amount to a theft of money from the younger generations. What do you think?

 
Old 05-23-2011, 12:42 AM
 
24,511 posts, read 34,144,222 times
Reputation: 12779
I'm young and the one thing that is evident about boomers is that they created a larger gap between upper and lower middle class. I don't hate them for it though. It's not all that bad.
 
Old 05-23-2011, 01:00 AM
 
Location: SF Bay Area
14,330 posts, read 19,027,348 times
Reputation: 18436
I find such criticisms as useless and meaningless as the older generation trying to convince Britney Spears' fans that her music sucks.
 
Old 05-23-2011, 03:47 AM
 
64,699 posts, read 66,183,819 times
Reputation: 43112
i blamed my fathers generation for all the ills of the world as well as getting drafted into the peak of viet nam.

todays generation blames the baby boomers and the ills they created and their kids will blame them.

does anything ever really change? noooooooooooo.

everyone thinks they got it the worst.....
 
Old 05-23-2011, 03:52 AM
 
Location: Texas
42,253 posts, read 49,796,479 times
Reputation: 67083
I am 35 and I don't have bad feelings towards the boomers.

In fact, I think their generation was probably the last one who knew what hard work and self-respect meant.
 
Old 05-23-2011, 04:54 AM
 
Location: The Triad (NC)
26,875 posts, read 57,924,091 times
Reputation: 29302
Like most political arguments... they aren't completely off base.

But also like most political arguments...
the closer you look into the rhetoric the more there is to pick apart.

The one big hitter though, the one indisputable truth... is the crushing debt load that has been created for the next generation to inherit... nothing of the sort has been done to a succeeding generation since the collapse of the Roman Empire.

Arguments about the how and why it got to that point seem like little more than rearranging deck chairs on the Titanic.

Arguments about the how and why to fix the problem? It seems that strategies to avoid taxes is more important to most of the so called "conservatives" than actually solving the problems rooted in no jobs, no income, and no income taxes which they have the most influence over...

In the background is the largest inter-generational transfer of wealth in the history of the world...
and the simultaneous dismantling of estate taxes... hmmm.

Last edited by MrRational; 05-23-2011 at 05:05 AM..
 
Old 05-23-2011, 04:57 AM
 
Location: Manassas, VA
1,559 posts, read 3,052,664 times
Reputation: 836
I'm 36. It seems the folks in there 20s coming out of school think they should be making as much as someone who is in their 50s....because the 20 something generation (or the Y generation?) has it much worse than any other generation. And why should they have to wait to have nice things that the 50 or 60 year old already has???? At least that's what I hear quite a bit....
 
Old 05-23-2011, 05:15 AM
 
Location: Central Maine
4,641 posts, read 5,342,682 times
Reputation: 4782
Quote:
Originally Posted by Escort Rider View Post
According to poster User I.D. in a thread in the Business, Finance, and Investing Forum entitled "Means test Social Security and Medicare?", you Boomers are really hated by the younger generations. First, I say "you Boomers" because I am slightly too old to be one. Second, I do not particularly agree with User I.D. and I have been partially rebutting him in that thread. However, it was his vehemence which surprised me. His basic thesis is that Boomer entitlements amount to a theft of money from the younger generations. What do you think?
Seems to me (born 1952) that most hatred can be traced to either ignorance or envy, or both.

I can't speak for other boomers, but I'm very comfortable with what I accomplished and didn't accomplish during my working career as well as my family life. I started on my career at age 21 - after military service and without a college degree - and retired at 55.

I am not rich, never will be rich, and never sought to be rich. I believed in hard work, in saving, in living life within my means, and in NOT keeping up with the Joneses.

What other generations think about my generation doesn't really matter to me, nor does what members of my own generation think about me.

And I will never understand the need for many people to find someone to blame for their lot in life. Life is what YOU make of it.
 
Old 05-23-2011, 05:53 AM
 
Location: The Triad (NC)
26,875 posts, read 57,924,091 times
Reputation: 29302
Quote:
Originally Posted by vermonter16 View Post
I'm 36. It seems the folks in there 20s coming out of school think they should be making as much as someone who is in their 50s...
I'm the father of two one in and one close to that age cut off (28 & 31)
What you say doesn't describe them or any of their (admittedly overindulged) friends either.

What I've personally observed that these 20somethings want is what they were led to believe was there
and what their parents and grandparents had. Heck, even what their older cousins had just a few years ago: Jobs.
Real jobs. Ideally the jobs they prepared themselves for when in college with a track to advancement and growth.

The salary and benefits available to them are a whole other set of discussions
 
Old 05-23-2011, 05:54 AM
 
Location: Nebraska
4,179 posts, read 9,120,242 times
Reputation: 9523
Waah waah waah.
1) I started working when I was 14. Yes, REAL work, at a REAL job; I had to ride a bike 5 miles to work after school. (Uphill. Both ways. In the snow.) I have rarely been without at least one job, sometimes two or three. I worked da__ed hard for everything I got, planned and plotted and determined where I was going and how I was going to get there.

2) I spent 20 years in the political arenas, trying to tell people that the government was out of control, that it needed to be put in check, that money was being spent way too fast for way too many things. Everyone who wanted more taxpayer-paid handouts - from the corporations to the welfare mamas - refused to listen. I supported candidates who were into reform, and when they got elected and enacted reforms, the entitlement people got mad and voted them out. I told people how their money was being spent, and their main reaction was - "Where's MINE?" o, yeah, there were a lot of folks who wanted - demanded - government Welfare from the top to the bottom, but I was never one of them. So painting us all with the same tar brush is just a way to stereotype and avoid personal responsibility. Just as I never owned a slave, nor did anyone in my family, I don't feel guilty about not paying reparations to the descendants of slaves. I only owe for what I have done, not for what my 'generation' has or hasn't done.

I'm not ashamed; I never stole from any one, never even robbed an employer of time, much less a pen or pencil, never lived off of anyone once I left my parents' house. If they can say the same, then I'll listen to what they have to say and respect their opinions. I'll take full responsibility for my own actions, but for no one else's.
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