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.
Gen X & Y had all better take some caregiving classes, for when Medicare/Medicaid runs out of gas, which it will, you'll see judges handing out court orders to haul their elderly parents out of Long-Term Care Facilities and be forced to take care of them! That luxury is going to come to a crashing end: dumping the elderly into nursing homes.
And what they do with them under their care, well let's save ourselves the horrors of thinking about it!
I wouldn't put it past the younger generation to institute measures like they have in the Netherlands, which goes beyond Physician-assisted suicide, where over there, Doctor's can terminate a person's life, terminally ill, without a patient's consent.
And for the younger set that have always had an axe to grind against us Baby Boomers, they'll finally get their revenge!
It's interesting how things have changed. The reason the Japenese took over the auto market is they made cars that last while we made cars that were flashy but intended to be replaced every few years. Back then you bought things like clothing to last.
No, the reason the Japanese took over the auto market is that they created an improved manufacturing/design system that enabled them to produce better cars for less money. American manufacturers for decades ignored Japanese systems and instead stuck with out-dated ford like (the man) systems. The same thing is happening today in China, people as yourself think its "because its cheap", but in reality Chinese businesses have made sufficient process innovations and are simply better manufacturers than their US counterparts.
This "USA is #1" thinking has been a disease since the 1940's, it has prevented Americans from learning from people in other nations.
As for the boomers, yes, their collective action certainly "ate their children future". For ~3 decades the boomers consistently increased their entitlements, lowered their taxes while cutting programs for younger generations and forcing tax increases on younger generations. So younger generations are now expected to pay more taxes, get less in return.....while they walk with all the entitlement programs they promised themselves.
Younger generations need to fight back, do not accept two tier systems. If benefits have to be reduce, they should be equally reduced for everyone in the system. Don't accept cuts to education and other youth related expenses unless there is equal cuts for programs that effect older generations. The boomers will continue their generational theft unless younger generations do something about it....
But who are these people that moved significant numbers of "good" jobs abroad so shareholders would earn more and CEOs would earn a lot more
Interesting article in The Economist, a 10 page spread, on reshoring. Companies who outsourced are now reshoring to their own countries, creating lots of jobs across the country. 2 auto plants closed in Mexico, back to Michigan they go! GE is bringing them home, new plants in Kentucky!
Yup! That's didn't last long, did it!! Chinese and Indian wages growing too fast, strikes, time to come home!
True the baby boomers are stealing but not nearly as much as the poor.
Think about it all the debt is from social security Medicare and welfare which go overwhelmingly to the poor. We get rid of this wealth distribution and we can save this country.
The best thing about that generation is they didn't go around whining and crying about how bad life was. They got up every day and kept going. They worked two and sometimes three jobs to put food on the table. If they needed temporary assistance, they took it. But they didn't make a way of life out of it. They had more integrity than the moochers of today. That generation didn't like government intrusion in their lives. It's not that way today. People today want the government to do everything for them. Okay, not all but a good portion of them and if you don't believe it, read some of the comments, not only here but on other sites. It's a generation of crybabies and everything is me, me, me.
How do you know people didn't complain? Were you there?
With an unemployment rate of 20% during the Great Depression, people worked 2nd and 3rd jobs? Really?
A lot of people actually didn't "get up every day and keep going," since the suicide rate increased by 50% during the Great Depression. Maybe they didn't complain, they just killed themselves. Nah, let's be realistic, people have been complaining for all of human history. Of course, the whiners didn't make compelling human interest stories so their pity parties are lost to time.
Please tell us more about how in the olden days people walked up hill both ways to work their 6 jobs and never complained about anything, about how righteous, moral, and hardworking everyone was. "Every generation imagines itself to be more intelligent than the one that went before it, and wiser than the one that comes after it." -George Orwell. It's a trite story older than time of revisionist history viewed through rose-tinted glasses.
They didn't like government intrusion in their lives?
FDR created the Federal Emergency Relief Act (FERA) in May 1933. The act provided for $500 million in grants to state governments "to aid in meeting the costs of furnishing relief and work relief and in relieving the hardship and suffering caused by unemployment in the form of money, service,
materials, and/or commodities to provide the necessities of life to persons in need as
a result of the present emergency, and/or to their dependents, whether resident,
transient, or homeless."
Welfare, as a percentage of state spending, increased from 2.2% to 19%, while total spending increased 2.5x (more if you factor in deflation).
The National Recovery Administration (NRA) was formed in 1933 as part of the First New Deal. It set minimum prices, wages, and competitive conditions in industries, strengthened unions, and limited farm production in order to raise prices. Most businesses supported it and the public boycotted those that didn't. The Second New Deal added social security and the Works Progress Administration. FDR was so popular he was elected to three terms.
That generation strongly favored big government. They were about a mile to the left of today's society.
Furthermore, you do realize that 8 million people in America have 2+ jobs, nearly 1/3 of the workforce is looking for a second job? That the age group most likely hold 2+ jobs is 20-24?
Good post. Can genX or Y really relate to people culturally from the great depression? The contrast is so extreme!
Unfortunately, they can't, however, the fact the depression era generation lived through what they did is proof that gen x and y won't die. They just need to let go of something that never was theirs. Yes, their parents had a brighter future at their age but it's different for every generation. You are not born entitled to what the generation before you had. The problem is that instead of finding ways to navigate their reality, they just want to whine that they don't have their parents reality. No one ever said life was fair. Each generation has it's battles to fight.
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.
