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Old 10-08-2008, 09:51 PM
 
Location: USA East Coast
4,445 posts, read 9,230,594 times
Reputation: 2123

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As a Gen Xer (those born from 1960 – 1970)….I grew up in the 1970’s….and entered the work force in the 1980’s when Reaganomics was in full swing. Like many GenXers, I watched the boomers consume jobs, money, and leverage. The spoiled boomers consumed and hoarded everything…leaving the scraps for the next generation. Boomer politicians helped ship high skilled jobs out of the country, leaving the Gen Xers with the typical Mc Job (a dead end low wage job).

By the early 1990’s cracks where starting to show, the jobs that Gen Xers had…could no longer support a real middle class American life anymore. We were expected to survive, start a family, and pay a mortgage…as real wages fell and good jobs disappeared. As a generation…., we were told “buck up”, “work harder”, or you’re a “disillusioned generation”…etc. We were forever labled cynics and slackers.

Now all we hear about is these same boomers crying about their 401k and how they are not going to be able to have “financial security” in retirement. How they are losing their business. Now that THEY are having financial trouble the world is supposed to stop.

Well…. Welcome to the @&*#& party!

I ‘am sure I’ll catch it for this comment……. but everytime I hear about another boomer whose stock portfolio is plunging and business is failing….a little smile sneaks onto my face.


I guess all I can say to the Baby Boomers now is…suck it up. I guess what goes around…comes around.
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Old 10-08-2008, 10:03 PM
 
Location: Hell with the lid off, baby!
2,193 posts, read 5,392,006 times
Reputation: 380
As a fellow Gen X'er I have to agree, for the most part. I've been frugal my entire adult life, don't buy anything I don't need or can't afford, have decent credit, and I still find it hard as hell to get by. We Gen X'ers are not the lazy, disillusioned, self centered generation we've been tagged with.

I stated for the most part, because a percentage of Gen X'ers are also responsible for this mess, but the majority of it falls on the Boomers.
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Old 10-08-2008, 10:09 PM
 
2,654 posts, read 4,957,302 times
Reputation: 1929
[quote=wavehunter007;5611323]
Now all we hear about is these same boomers crying about their 401k and how they are not going to be able to have “financial security” in retirement. How they are losing their business. Now that THEY are having financial trouble the world is supposed to stop.
quote]

As a fellower X'er I share your dislike of the Boomer generation,but can't say I have the same Schadenfruende as you for their current dillema.

When has this generation of whiny, spoiled brats ever "sucked it up"? They'll be looking for Uncle Sam to keep them in lattes and Callaways during their retirement years ( As they believe they are 'entitled to'). The boomers have the numbers & votes to get it. As usual, you & I and the rest of the Xer's will wind up paying the tab.

Boomers are like a swarm of locust who move through the land consuming everythnig they see & leaving nothing for those that come behind them. This will be no different.
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Old 10-08-2008, 10:48 PM
 
2,197 posts, read 6,930,061 times
Reputation: 1698
The public perception of Gen Xers is a group of self-centered whiners and complainers who blame everyone but themselves. Every time I try to defend us, somebody comes along and legitimizes the stereotype. Being in your 40s and still blaming your parents is a clear sign that it's time to grow up and take responsibility for your own life.

Anybody who couldn't get ahead in the 80s and 90s-- the best economic years our generation will likely ever see-- needs to check the mirror. Jobs were plentiful, salaries were rising, housing was in line with incomes, credit was readily available and student loans made an education possible for anyone willing to put in the effort. It was a time of opportunity, and many Gen Xers managed to make the most of it. Those who didn't-- well, it certainly is less painful and more convenient to cast the blame elsewhere.
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Old 10-08-2008, 10:58 PM
 
1,020 posts, read 2,341,907 times
Reputation: 547
Don't forget: they're the same generation that went to college in HOARDS, well financed by the gov, and rebelled against "the man" while there. Then, they said if you don't go to college, you will be poor forever and looked down on you. This scared many new generations into college educations that weren't truly needed, raised average prices faster than the CPI, and caused a huge divide between the upper and upper middle class and the poor. Now they're the man, with the academics telling us socialist lies so they're generation can continue to be supported by mine, GenY/Millinials. They decided NOT to pay for the same government services they enjoyed when younger, so they cut benefits, cut college funding by the government (creating a further educational divide), and any services left they didn't like were funded with debt.

That whole "me" generation pissed ME off and ruined many of the great characteristics of this great nation.
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Old 10-08-2008, 11:36 PM
 
Location: Ohio
22,798 posts, read 16,003,876 times
Reputation: 19288
Quote:
Originally Posted by wavehunter007 View Post
As a Gen Xer (those born from 1960 – 1970)…
Tweeners are 1960 to 1964. They are a socially distinct group recognized by sociologists.

Their values and belief systems are markedly different than either the Boomers and the GenXers and this has been proven repeatedly through a number of studies.

Quote:
Originally Posted by wavehunter007 View Post
Boomer politicians helped ship high skilled jobs out of the country, leaving the Gen Xers with the typical Mc Job (a dead end low wage job).
You did good up to that point.

The function of a publicly traded corporation is to make profits for shareholders. If you thought that the function of a corporation was to employ people, you're wrong. A publicly traded corporation has no such legal, moral or ethical duty to employ people. In fact, if a corporation could make profits and employ no one, it would, and it has a legal and ethical duty to do exactly that.

You, of your own free will, patronized corporations and they sold you the rope to hang yourself and you had a good time doing it.

To pay you $10/hour for 40 hours for a week, I can get 3-5 people to work for a month in Eastern Europe. I can get 12 Chinese or 30 Africans. So why should I pay you $10/hour? What are you going to do for me?

You're nothing. I don't need you, and I damn sure don't need to throw away money on layers and layers of bureaucracy, red-tape and regulations from cities, townships, counties, states and the national government. I can go to another country, deal with one layer of bureaucracy and comply with their environmental laws which are the same as in the US without having to spend $3 Million on a compliance section consisting of in-house attorneys, paralegals and legal secretaries.

And you'll still buy my stuff anyway, because you have no scruples.

Quote:
Originally Posted by wavehunter007 View Post
Now all we hear about is these same boomers crying about their 401k and how they are not going to be able to have “financial security” in retirement. How they are losing their business. Now that THEY are having financial trouble the world is supposed to stop.
Personally, I think it would be poetic justice.

I have wet dreams thinking about Boomers living in tent cities wearing shabby clothes and begging for scraps.

But it's just a dream. They're smarter than the average bear and they'll manipulate the system to get the government to take care of them, and screw us all in the end.
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Old 10-08-2008, 11:46 PM
 
5,410 posts, read 10,353,149 times
Reputation: 4488
Quote:
Originally Posted by Mircea View Post

You did good up to that point.

The function of a publicly traded corporation is to make profits for shareholders. If you thought that the function of a corporation was to employ people, you're wrong. A publicly traded corporation has no such legal, moral or ethical duty to employ people. In fact, if a corporation could make profits and employ no one, it would, and it has a legal and ethical duty to do exactly that.

You, of your own free will, patronized corporations and they sold you the rope to hang yourself and you had a good time doing it.

To pay you $10/hour for 40 hours for a week, I can get 3-5 people to work for a month in Eastern Europe. I can get 12 Chinese or 30 Africans. So why should I pay you $10/hour? What are you going to do for me?

You're nothing. I don't need you, and I damn sure don't need to throw away money on layers and layers of bureaucracy, red-tape and regulations from cities, townships, counties, states and the national government. I can go to another country, deal with one layer of bureaucracy and comply with their environmental laws which are the same as in the US without having to spend $3 Million on a compliance section consisting of in-house attorneys, paralegals and legal secretaries.

And you'll still buy my stuff anyway, because you have no scruples.
You might have missed something in all the "free market" (bs) smokescreen around the looting of America, Mircea. The G actually helped pay for and encouraged the debasing of the Middle Class -- here is an example --

Overseas Private Investment Corporation

Government Agency that pays US business to export jobs.


And maybe you missed NAFTA and the rest, as well? Most of US were against it. The G put it through, anyway in total violation of the Constitution. This is not a free markets and best cost thing going on.

This is and has been intentional with harmful intent.
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Old 10-09-2008, 12:13 AM
 
Location: where you sip the tea of the breasts of the spinsters of Utica
8,299 posts, read 12,882,362 times
Reputation: 8068
The real differences were between the WW2 generation and the following generations. The main difference between Boomers, X, and Y has been in the slogans each prefers .... I haven't noticed any real difference in personal values and lifestyles, once you account for different fads. Rainbow tribes are Hippies. Hippies were Beatniks. They all became somewhat more conservative after reaching 40, settled down, had families and steady jobs.

But all are less civic-minded and responsible on average than the WW2 generation.
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Old 10-09-2008, 01:41 AM
 
1,020 posts, read 2,341,907 times
Reputation: 547
Quote:
You did good up to that point.

The function of a publicly traded corporation is to make profits for shareholders. If you thought that the function of a corporation was to employ people, you're wrong. A publicly traded corporation has no such legal, moral or ethical duty to employ people. In fact, if a corporation could make profits and employ no one, it would, and it has a legal and ethical duty to do exactly that.

You, of your own free will, patronized corporations and they sold you the rope to hang yourself and you had a good time doing it.

To pay you $10/hour for 40 hours for a week, I can get 3-5 people to work for a month in Eastern Europe. I can get 12 Chinese or 30 Africans. So why should I pay you $10/hour? What are you going to do for me?

You're nothing. I don't need you, and I damn sure don't need to throw away money on layers and layers of bureaucracy, red-tape and regulations from cities, townships, counties, states and the national government. I can go to another country, deal with one layer of bureaucracy and comply with their environmental laws which are the same as in the US without having to spend $3 Million on a compliance section consisting of in-house attorneys, paralegals and legal secretaries.

And you'll still buy my stuff anyway, because you have no scruples.
You're dead on. We need to PROVE that we Americans are still the **** and worth that 10 or 20 bucks and hour. And, I have NO problem doing just that, going above and beyond and showing my employer that I'm worth that much and more, and without me, he/she will get lackluster results and thus lackluster profit.
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Old 10-09-2008, 02:00 AM
 
706 posts, read 1,206,688 times
Reputation: 438
Quote:
Originally Posted by Mircea View Post
Tweeners are 1960 to 1964. They are a socially distinct group recognized by sociologists.

Their values and belief systems are markedly different than either the Boomers and the GenXers and this has been proven repeatedly through a number of studies.



You did good up to that point.

The function of a publicly traded corporation is to make profits for shareholders. If you thought that the function of a corporation was to employ people, you're wrong. A publicly traded corporation has no such legal, moral or ethical duty to employ people. In fact, if a corporation could make profits and employ no one, it would, and it has a legal and ethical duty to do exactly that.

You, of your own free will, patronized corporations and they sold you the rope to hang yourself and you had a good time doing it.

To pay you $10/hour for 40 hours for a week, I can get 3-5 people to work for a month in Eastern Europe. I can get 12 Chinese or 30 Africans. So why should I pay you $10/hour? What are you going to do for me?

You're nothing. I don't need you, and I damn sure don't need to throw away money on layers and layers of bureaucracy, red-tape and regulations from cities, townships, counties, states and the national government. I can go to another country, deal with one layer of bureaucracy and comply with their environmental laws which are the same as in the US without having to spend $3 Million on a compliance section consisting of in-house attorneys, paralegals and legal secretaries.

And you'll still buy my stuff anyway, because you have no scruples.



Personally, I think it would be poetic justice.

I have wet dreams thinking about Boomers living in tent cities wearing shabby clothes and begging for scraps.

But it's just a dream. They're smarter than the average bear and they'll manipulate the system to get the government to take care of them, and screw us all in the end.
I suspect Mircea has wet dreams for many reasons.
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