Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
DH and I are boomers and are frugal almost to a fault, so we definitely aren't part of the gimme generation. Plus, we didn't have kids, so we didn't get a chance to ruin it for them, lol.
If you want to blame someone for something, it's always easy to blame the previous generation, sure why not. Hey, let's blame the current generation, that's always fun.
I don't understand the vitriol and blaming. We are just all humans trying to do the best we can. As a young "boomer" and parent of millennials, I see the stress and anxiety they operate under. Who knows why, but it is harder for young people today than it was for me and my friends, and unlike many of you hardworking, frugal living saints, my friends and I all partied, did drugs, spent money carelessly but still got ahead... Sure I grew up and worked hard (eventually) but I could easily have gone down the tubes before I did. I was lucky. Now, in my ever-so-humble opinion, we all have an obligation to address the huge challenges of our world (global warming, the ever-increasing concentration of wealth in a tiny minority of people and structural racism come to mind) so that those who follow us can also have the chance to live healthy, happy lives.
Yeah, the Boomers raided the pantry. By save for a rainy day, they meant go get an unaffordable pension. Not all got them, but it's been a recurring thing seen time and time again in companies over my lifetime. How are we going to afford the pensioners? My God, the trinket industry for ridiculous sombraros will positively die if we cut the pensions.... But hey, they got equality moving so fiscal bankruptcy should be forgiven right?
I used to get pissed about it. Then I realized the Boomers were just riding the high tide of labor strength in the US. It's the not values, or choices or work ethics. It's manufacturing competing against a bombed out world....and like all groups, there's a group of bastards that moved the country in ways we'd likely change if we could. Sure, I can hide behind the numbers games, but our little GenX wouldn't have done better. Plenty morons here too.
Now the millenials are going to save/disrupt us all. If that doesn't make you religious, I have no idea what would. Gen Z looks promising though.
Boomers did not invent pensions. Pensions were a standard fixture, with many conditions and requirements, in most industries or sometimes provided by labor unions. it was common for workers to be employed with the same company for decades. With the war on unions the reliability of those pension plans came into question. When corporations had to balance pension plans against CEO compensation and benefits to investers, the workers were thrown under the bus along with the pension plans. Baby Boomers had nothing to do with that, either.
This question was posed on Yahoo! Well, what do you think? Did you? Post yes or no examples below. Did baby boomers ruin the chance for their kids to ever retire?
The reviver was a participant in the thread 10 years ago, and pretty much agreed with blaming Boomers for the crash of 2008. Much of the thread was “wait and see what happens in 5-10 years, the changes will be obvious”, which of course, never happened. As every generation gets older, they take on more of the traits and values of the previous older generation. The constant is that no younger generation ever learns that. They all think they are different and will make the world better. THEY will accomplish what the previous couldn’t. Yawn.
They've had a lot of issues and contributed to a lot of problems, but the problems are systemic and go back further.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
