Boomers! The Generation of Greed? (friend, housing, single, benefits)

[le roi]

Originally Posted by Curmudgeon

Curious, isn't it? And they can be covered until age 26 even if married and/or employed if they don't have another option for coverage. But wait! I thought they were legal adults at age 18 so why are we, their parents, responsible for their coverage. Perhaps the voting age, drinking age, unrestricted car licensure age, etc. should be rolled-back so 27 is the new age of majority. But instead, (mostly) our generation and a half one back are now saddled with nothing less than a stealth tax. Yep! Curiouser and curiouser. "Tis a puzzlement!

Can't wait to see what's next but in the meantime, those children had better not call their parents "greedy" when they're still being provided for.

The healthcare law also limits the maximum a policy can cost to 3x the minimum, which is a "stealth tax" (by your standards) on the young and healthy, to pay for the old and sick.

[MrRational]

Originally Posted by le roi

...which is a "stealth tax" (by your standards) on the young and healthy, to pay for the old and sick.

Whaddaya mean "stealth"??
No one is hiding the actuarial realities involved.

[le roi]

Originally Posted by MrRational

Whaddaya mean "stealth"??
No one is hiding the actuarial realities involved.

well I'm assuming, but his definition of "Stealth" seems to be anything that isn't spelled out very blatantly in a political speech.

[Sam I Am]

Back to Greedy Boomers, please - taxes and healthcare is a whole 'nother ballgame.

[MrRational]

Originally Posted by Sam I Am

Back to (the accusation of being) Greedy Boomers, please - taxes and healthcare is a whole 'nother ballgame.

Not another ballgame at all.
If you want to use that analogy... one is the Major League the other the farm clubs.

[Sam I Am]

There are other forums or threads for healthcare and taxation, immigration, and politics.

Let's keep our comments in line with the original post. When a topic drifts too far off it's original course sometimes the entire thread has to be moved or closed.

Thx -

Sam

[Ohiogirl81]

Originally Posted by markg91359

Let's take the case of college tuition. I don't want to hear any crap about how "it was high when I went". Comparatively speaking it was not high. It was very likely the bargain of the century.

If you finished college before 1980, yes, college was a bargain; if you were born during the last five years of the Baby Boom, not so much.

Above all, I am tired of hearing people in my generation act as though this is nothing and than retreat to the comfort of their foreign cars and their large homes.

If you want my 6-year-old Mazda, it's yours. And my house is smaller than my parents'.

Originally Posted by LauraC

No one is entitled to a house. Expecting to buy one when you just get out of college is ridiculous.

Agreed. I bought my first house in 1992 -- 11 years after I graduated from college -- and was about the same age as my parents were when they bought their first house in 1964. I don't see that changing with our children's generation, either -- most of my friends' kids are in their late 20s, and most are still saving money for that down payment (saving -- what a concept, eh?).

[virgode]

You think Boomers are about greed....take a good look at the subsequent generations. In general, we're a nation of greed.

[Tek_Freek]

Originally Posted by Curmudgeon

Which makes us very thankful that we're among those who have both of them. That was a knowing choice in terms of careers and also somewhat of a sacrifice in getting there.

The key word is certainly sacrifice. Mrs. Tek and I have always lived below our means. We have owned two homes and both were valued at considerably less than we could have afforded. Our current house was paid off 10 years ahead of schedule. We paid off credit card debt every month except for two emergencies in our 40 years together. We keep cars long enough that they are paid off before it's time to buy the next one, and the payment goes into an account so we can make the largest possible down payment on the next one.

That is why we can live comfortably in retirement even though we've been (like you) hammered at least three times by the economic policies of a bunch of elected morons.

Now we get to travel the world.

[newenglandgirl]

Greed is a learned thing, from some individuals and sectors in previous generations (well hidden then - you think greed is new?), from our public leaders, from corporations and banks, all fanned by the news media and entertainment industry.

So why the need to play the blame game? Where does that get us? Idle talk.

Where are the solutions?