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Glad to hear it, and I'd say much the same for most of the Millennials I know. But millions of Boomers out there make a hobby of trashing the millennials. It's common as dirt.
A lot of the anti-boomer sentiment out there is just a reflection of all the hate Boomers have piled onto the millennials. That was a one-way street for a LONG time with Boomers trashing Millennials when they were still KIDS. Now those kids are largely grown up and hitting back... and boomers just can't understand where it's coming from.
And you gotta admit that the Boomers are a self-righteous bunch who had post-war prosperity handed to them on a platter. Boomers who by and large *created* the system in which millions of Millennials are now struggling. Boomers who got rich off their childrens' futures, leaving a mountain of debt and pension obligations that can likely never be paid. Boomers who now get Socialist Security income and Medicare Socialized Medicine... decrying millennials who get none of that as entitled socialists.
Nah... ya'll made your own bed.
I’m Gen x, so I have no dog in this fight, but who is going to inherit all that “great wealth” when the Boomers die?
Plus, Social Security and Medicare are received AFTER a lifetime of paying into it. And many die before they are even eligible to use it. That is a lot different than expecting it BEFORE paying into it, and expecting it for an entire lifetime.
I keep seeing "boomers" bashing "millenials", "gen Z" bashing everyone, etc. Can we just stop? Most of us older adults were children once too. We were young, naive and convinced we knew everything. Heck, some of my generation were the "hippies" of the 60s and 70s. Woodstockers, etc. We got older, went to work, paid taxes, got kicked in the teeth by life a few times. And grew the F up.
Today's kids are no different. There is an old saying-"If you're not liberal at 16, you have no heart. If you're not conservative by 30, you have no brain". Some truth to that. The naivety of youth always gets smacked in the face by reality.
If there is anyone to blame-it is the older generation-that raised the younger generations, and demanded and expected so little. It put these kids years behind in terms of learning about life. Catering to their every whim, buying them everything they desired, instilling no discipline or sense of responsibility. They will learn-the same as we all did-but instead of maturing to some extent in their teens, it's now in their 20s.
The whole concept of "generations" makes no sense. It's a continuous flow.
I’m Gen x, so I have no dog in this fight, but who is going to inherit all that “great wealth” when the Boomers die?
Plus, Social Security and Medicare are received AFTER a lifetime of paying into it. And many die before they are even eligible to use it. That is a lot different than expecting it BEFORE paying into it, and expecting it for an entire lifetime.
By and large, the Medical-Industrial Complex will inherit all that wealth. Via the system that Boomers created.
Socialist Security *is* socialism. The government takes money from younger workers and gives it to older workers. I'm not saying this is a bad thing... I'm just saying that Boomers are benefitting from socialism while condemning millennials for being socialist.
The same is even more true of Medicare. Oldsters receive MULTIPLE times what they paid in, even adjusted for inflation. Again, not saying this is a bad thing. Just pointing out that it's paid for directly by other (younger) people. So we have millions of fat/happy boomers benefitting from socialized medicine... while decrying the very idea of socialized medicine for anybody else.
And keep in mind that the boomers receiving this socialism while decrying socialism are also on average a LOT more wealthy than the millennials paying their bills.
But that's one of the hallmarks of being a right-winger of any generation. Cushy socialism for me because I deserve it... brutal capitalism for everybody else who isn't as deserving as me.
By and large, the Medical-Industrial Complex will inherit all that wealth. Via the system that Boomers created.
Socialist Security *is* socialism. The government takes money from younger workers and gives it to older workers. I'm not saying this is a bad thing... I'm just saying that Boomers are benefitting from socialism while condemning millennials for being socialist.
Tye same is even more true of Medicare. Oldsters receive MULTIPLE times what they paid in, even adjusted for inflation. Again, not saying this is a bad thing. Just pointing out that it's paid for directly by other (younger) people. So we have millions of fat/happy boomers benefitting from socialized medicine... while decrying the very idea of socialized medicine for anybody else.
But that's one of the hallmarks of being a right-winger of any generation. Cushy socialism for me becaise ai deserve it... brutal capitalism for everybidy else who isn't as deserving as me.
Social Security resembles a Ponzi scheme more than it does socialism. In socialism, you get the payment even if you never paid into it.
And with Medicare, that statement about getting reimbursed multiple times your payment may not be true for high earners. Unlike Social Security, there is no limit on the amount you pay in. You pay it all year long no matter how much you already paid.
Social Security resembles a Ponzi scheme more than it does socialism. In socialism, you get the payment even if you never paid into it.
And with Medicare, that statement about getting reimbursed multiple times your payment may not be true for high earners. Unlike Social Security, there is no limit on the amount you pay in. You pay it all year long no matter how much you already paid.
The vast majority of people by definition are not "high earners". So my statement is true for the vast majority of people. Also "high earners" effectively pay a much lower rate for medicare and social security because taxable income for those is capped. But benefits aren't means tested. So they can cry me a river
Both programs are a form of socialism. Wealth redistribution from the young to the old. I'm not saying that's bad- in fact they're good programs IMO.
I'm just saying that Boomers' anti-socialism hysteria rings a bit hollow when they're getting government checks in the mail. Paid for in large part by the same millennials that they love to condemn as entitled socialists.
I believe that deploring "kids" is an honorable ancient tradition. And by "ancient," I mean they were doing it 2000 years ago in ancient Rome. So it's not likely to stop now.
The vast majority of people by definition are not "high earners". So my statement is true for the vast majority of people. Also "high earners" effectively pay a much lower rate for medicare and social security because taxable income for those is capped. But benefits aren't means tested. So they can cry me a river
Both programs are a form of socialism. Wealth redistribution from the young to the old. I'm not saying that's bad- in fact they're good programs IMO.
I'm just saying that Boomers' anti-socialism hysteria rings a bit hollow when they're getting government checks in the mail. Paid for in large part by the same millennials that they love to condemn as entitled socialists.
I think most high earners would opt out of both if they were given the choice. If they were allowed to put all that Medicare money into a HSA, it would be worth millions by the time they turn 65. And they could leave that to their survivors. For social security, if you put the money in the market at an average 6% return, you would likely make out better than your social security check.
But if you are going to force them to pay into it, it is only fair that they take the benefits. After all, they weren’t given the choice.
I think most high earners would opt out of both if they were given the choice. If they were allowed to put all that Medicare money into a HSA, it would be worth millions by the time they turn 65. And they could leave that to their survivors. For social security, if you put the money in the market at an average 6% return, you would likely make out better than your social security check.
But if you are going to force them to pay into it, it is only fair that they take the benefits. After all, they weren’t given the choice.
Not sure why you think I care about high earners.
They've benefitted mightily from our system- which they largely control. Far as I'm concerned, they can pay for it too.
Disagree with me? Better go buy another politician
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