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Link Posted: 4/24/2019 10:14:48 PM EDT
[#1]
Eh; kinda.   They didn't necessarily squander the current wealth they had in-hand, so much as build and commit to liabilities, that make it heavily burdensome on the next generation.   Social Security is the big one, since they retire with something like 40 years left to live, yet get full SS and more expensive medical and pharma now.  Here's what the SS% of GDP has been doing.  It crept from 4.5% of the GDP in the 1980s to as high as 6% of GDP, which actually is a lot.  But not as dire as people act:


Which doesn't look so bad, until you stop and look how the next (and current) generation's wealth generation activity is fairly substantially being diminished and diverted to pay for that, which you can see in this graph.

My own opinion is because we have a smaller and smaller portion of the population actually working and making wealth, so they have to pay for everyone else.

And you can see how SS Disability grew, though not all of that is Baby boomer retiree's; as a substantial growth in the liability has occurred due to younger generations also all claiming disability coverage:


Though the oligarchy is taking their substantial cut now too, so that they can continue that trend of fairly substantial polarization of wealth that's occurred and was (likely still is) accelerating.  


It's not all bad, in many ways the average American is still wealthier than his historic counter-part.  But that wealth is considerably less than it otherwise could be, when you consider the rate of wealth generation he is producing per unit hour today, compared to his predecessor.
Link Posted: 4/24/2019 10:16:23 PM EDT
[#2]
The problem did not start with the Baby Boomers and it won't end with them.  It only became a pronounced problem under the Boomer generation because they are the first large, retiring populace that the programs under the New Deal and the Great Society initiated will have to now cough up for.  As I understand it, the gen X and or Millenial generations will dwarf them.  Then we'll see who will blame who for squandering this "fixed economic pie" you allude to, OP.
Link Posted: 4/24/2019 10:16:42 PM EDT
[#3]
And what generation brought us 87 genders, safe spaces, gender neutral bathrooms, mansplaining, Antifa, white privilege, normalizing pedophilia, and working overtime on making America a socialist shithole?
Link Posted: 4/24/2019 10:17:26 PM EDT
[#4]
They spent it all on Harleys, RVs, and Israel.
Link Posted: 4/24/2019 10:17:30 PM EDT
[#5]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
I was born about halfway through the baby boom generation.  This country is much wealthier now than when I was growing up.

So no, boomers did not squander the wealth of the nation.  What a ridiculous idea!

Now, did some individual boomers squander a great deal of wealth?  Yes, every generation has some that do.
View Quote
Wealthier?

Illusion of wealth on the national credit card.  Our standard of living is higher, our GDP is greater, and so is our debt.

I don't blame boomers as a generation, but the policies of our government and corporations under the guidance of the "greatest" generation and then the boomers and subsequent through today most definitely are at fault.
Link Posted: 4/24/2019 10:17:55 PM EDT
[#6]
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Quoted:
Yeah they fucked us. That's why I enjoy seeing them working past retirement age for insurance. I hope everything hurts all the time, and you'll be getting the cheap funeral.
View Quote
The only reason I  still work is to fuck a younger guy out of my position.
Link Posted: 4/24/2019 10:19:07 PM EDT
[#7]
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Quoted:
Eh; kinda.   They didn't necessarily squander the current wealth they had in-hand, so much as build and commit to liabilities, that make it heavily burdensome on the next generation.   Social Security is the big one, since they retire with something like 40 years left to live, yet get full SS and more expensive medical and pharma now.  Here's what the SS% of GDP has been doing.  It crept from 4.5% of the GDP in the 1980s to as high as 6% of GDP, which actually is a lot.  But not as dire as people act:
https://www.ssa.gov/policy/docs/ssb/v75n1/v75n1p1-chart01.gif

Which doesn't look so bad, until you stop and look how the next (and current) generation's wealth generation activity is fairly substantially being diminished and diverted to pay for that, which you can see in this graph.
https://upload.wikimedia.org/wikipedia/commons/thumb/7/7b/Payroll_tax_history.jpg/800px-Payroll_tax_history.jpg
My own opinion is because we have a smaller and smaller portion of the population actually working and making wealth, so they have to pay for everyone else.

And you can see how SS Disability grew, though not all of that is Baby boomer retiree's; as a substantial growth in the liability has occurred due to younger generations also all claiming disability coverage:
https://www.ssa.gov/policy/docs/chartbooks/disability_trends/chart01.gif

Though the oligarchy is taking their substantial cut now too, so that they can continue that trend of fairly substantial polarization of wealth that's occurred and was (likely still is) accelerating.  
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/idsoFdCI5b2s/v1/-1x-1.png

It's not all bad, in many ways the average American is still wealthier than his historic counter-part.  But that wealth is considerably less than it otherwise could be, when you consider the rate of wealth generation he is producing per unit hour today, compared to his predecessor.
View Quote
Yep
Link Posted: 4/24/2019 10:19:30 PM EDT
[#8]
Every generation blames the one before.....
Link Posted: 4/24/2019 10:20:35 PM EDT
[#9]
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Quoted:
The only reason I  still work is to fuck a younger guy out of my position.
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Quoted:
Quoted:
Yeah they fucked us. That's why I enjoy seeing them working past retirement age for insurance. I hope everything hurts all the time, and you'll be getting the cheap funeral.
The only reason I  still work is to fuck a younger guy out of my position.
Link Posted: 4/24/2019 10:20:55 PM EDT
[#10]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


"Social Security has problems, but running out of cash isn't one of them

The big question a lot of folks (especially millennials) are probably asking about Social Security, given its many problems, is this: When, exactly, will the program run out of cash?

Believe it or not, the honest answer, assuming no changes to the way Social Security is funded, is never."
https://www.fool.com/retirement/2018/11/09/heres-when-social-security-will-run-out-of-cash.aspx
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Quoted:
Quoted:
Quoted:
Don't  know... we'll just have to see if the majority of Boomers stop working and paying into the system first.
It's coming. SS will pay out more than it takes in within a year or two, the first time it's had this happen in nearly 40 years. This is also not likely to be corrected and by current estimates the trust fund's reserves will be entirely depeleted by 2035.


"Social Security has problems, but running out of cash isn't one of them

The big question a lot of folks (especially millennials) are probably asking about Social Security, given its many problems, is this: When, exactly, will the program run out of cash?

Believe it or not, the honest answer, assuming no changes to the way Social Security is funded, is never."
https://www.fool.com/retirement/2018/11/09/heres-when-social-security-will-run-out-of-cash.aspx
Perhaps you should consider a better source. Perhaps the Social Security Administration?

The Trustees project that the combined trust funds will be depleted in 2035, one year later than projected in last year’s report.
Social Security’s total cost is projected to exceed its total income (including interest) in 2020 for the first time since 1982, and to remain higher throughout the remainder of the projection period.
Link Posted: 4/24/2019 10:21:27 PM EDT
[#11]
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Quoted:
No, The Greatest Generation did.

Roosevelt, Truman, Kennedy, Johnson, all elected by The Greatest Generation.
View Quote
Sure, but it was Woodrow Wilson who fucked the entire world.

Everything since is just consequence, minutia.
Link Posted: 4/24/2019 10:21:27 PM EDT
[#12]
You heard wrong.

Read Nomi Prins' All The Presidents' Bankers.   It'll tell you how it was engineered for a long time.

Bubba started free trade, which allowed the jobs to be offshored on the promise that we could successfully transition to a service economy.  Corporations off shored themselves to avoid taxes.  We used to make everything we needed.  Not now.
Bubba signed the legislation to repeal Glass-Stegall.
CFTC's proposal to regulate derivatives was shot down during Bubba's reign in office.  
Banking practices with leveraged MBS and derivatives is what blew up the banks and required the bailout in 2008.
Link Posted: 4/24/2019 10:21:42 PM EDT
[#13]
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Quoted:
Boomers have raped and pillaged this country
View Quote
LOL.

Not a single Boomer voted for LBJ and his Great Society, the programs that set us on the path to our current situation.  Not a single Boomers was eligible to vote until the 1968 election.

The massive expansion of the welfare state was mostly the doing of the so-called "Greatest Generation", who eagerly abandoned the principles of self-reliance they learned during the Great Depression in order to get someone else to pay for their freebies.
Link Posted: 4/24/2019 10:23:11 PM EDT
[#14]
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Quoted:
I'm neither Boomer or Millennial, and I think the notion is ridiculous.
If you can't get what you want out of this country it's your fault, no one else's.

Only in GD can someone expect personal responsibility from others but blame all their failings/hardships on someone else.
Well, maybe DU, as well.
View Quote
Damn straight. You live in the most prosperous time man has ever seen and live in the Greatest nation in the world.most people posting here are probably middle class making household incomes close to $100k a year. If you can't figure out how to live below your means and save for retirement it's your own damn fault. Stop blaming others and take responsibility fore your actions!
Link Posted: 4/24/2019 10:23:22 PM EDT
[#15]
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Quoted:
Wealthier?

Illusion of wealth on the national credit card.  Our standard of living is higher, our GDP is greater, and so is our debt.
View Quote
Yes, wealthier.  The standard of living is much higher, the GDP is greater. But the debt as a per centage of GDP is lower than it was at the time the first boomers were being born.

I would bring up the Ricardian Doctrine of Equivalence, but every time I do I am accused of being a 19th century philosopher-economist.
Link Posted: 4/24/2019 10:23:54 PM EDT
[#16]
...
Link Posted: 4/24/2019 10:24:21 PM EDT
[#17]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
LOL.

Not a single Boomer voted for LBJ and his Great Society, the programs that set us on the path to our current situation.  Not a single Boomers was eligible to vote until the 1968 election.

The massive expansion of the welfare state was mostly the doing of the so-called "Greatest Generation", who eagerly abandoned the principles of self-reliance they learned during the Great Depression in order to get someone else to pay for their freebies.
View Quote View All Quotes
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Quoted:
Quoted:
Boomers have raped and pillaged this country
LOL.

Not a single Boomer voted for LBJ and his Great Society, the programs that set us on the path to our current situation.  Not a single Boomers was eligible to vote until the 1968 election.

The massive expansion of the welfare state was mostly the doing of the so-called "Greatest Generation", who eagerly abandoned the principles of self-reliance they learned during the Great Depression in order to get someone else to pay for their freebies.
yep, I think I alluded to that earlier in the thread, No Boomer Voted For FICA either.
Link Posted: 4/24/2019 10:24:57 PM EDT
[#18]
We first need to agree on what constitutes a "Boomer".

Baby Boom Generation:  anyone born from 1946 to 1964.

Baby Bust aka Generation X:  anyone born from 1965 to 1982.

Millennials:  Anyone born from 1983 to 2000.

Keep in mind that most Boomers weren't able to vote until the 1970s, because the voting age was 21 back then.
Link Posted: 4/24/2019 10:25:16 PM EDT
[#19]
Double glitch.
Link Posted: 4/24/2019 10:25:21 PM EDT
[#20]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
No, The Greatest Generation did.

Roosevelt, Truman, Kennedy, Johnson, all elected by The Greatest Generation.
View Quote
yup, and the fucks who elected O

10 f'ing trillion
Link Posted: 4/24/2019 10:25:23 PM EDT
[#21]
Link Posted: 4/24/2019 10:26:16 PM EDT
[#22]
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Quoted:
Perhaps you should consider a better source. Perhaps the Social Security Administration?

View Quote View All Quotes
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Quoted:
Quoted:
Quoted:
Quoted:
Don't  know... we'll just have to see if the majority of Boomers stop working and paying into the system first.
It's coming. SS will pay out more than it takes in within a year or two, the first time it's had this happen in nearly 40 years. This is also not likely to be corrected and by current estimates the trust fund's reserves will be entirely depeleted by 2035.


"Social Security has problems, but running out of cash isn't one of them

The big question a lot of folks (especially millennials) are probably asking about Social Security, given its many problems, is this: When, exactly, will the program run out of cash?

Believe it or not, the honest answer, assuming no changes to the way Social Security is funded, is never."
https://www.fool.com/retirement/2018/11/09/heres-when-social-security-will-run-out-of-cash.aspx
Perhaps you should consider a better source. Perhaps the Social Security Administration?

The Trustees project that the combined trust funds will be depleted in 2035, one year later than projected in last year's report.
Social Security's total cost is projected to exceed its total income (including interest) in 2020 for the first time since 1982, and to remain higher throughout the remainder of the projection period.
But it won't run out of money and 2090 is a long time off.

"But that wouldn't leave Social Security bankrupt and unable to pay any benefits. Even if Congress does nothing to shore up the system by 2034, Social Security will be able to pay out 79 percent of promised benefits until 2090. The last time Social Security nearly depleted its reserves was in the early 1980s, when Congress shored up the program by gradually increasing the full retirement age from 65 to 67 and started to tax benefits based on income levels."

https://www.aarp.org/retirement/social-security/info-2016/debunking-six-more-myths-about-social-security.html
Link Posted: 4/24/2019 10:27:39 PM EDT
[#23]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Damn straight. You live in the most prosperous time man has ever seen and live in the Greatest nation in the world.most people posting here are probably middle class making household incomes close to $100k a year. If you can't figure out how to live below your means and save for retirement it's your own damn fault. Stop blaming others and take responsibility fore your actions!
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
I'm neither Boomer or Millennial, and I think the notion is ridiculous.
If you can't get what you want out of this country it's your fault, no one else's.

Only in GD can someone expect personal responsibility from others but blame all their failings/hardships on someone else.
Well, maybe DU, as well.
Damn straight. You live in the most prosperous time man has ever seen and live in the Greatest nation in the world.most people posting here are probably middle class making household incomes close to $100k a year. If you can't figure out how to live below your means and save for retirement it's your own damn fault. Stop blaming others and take responsibility fore your actions!
Yep, anyone can end up wealthy but most refuse to do it.
Link Posted: 4/24/2019 10:28:38 PM EDT
[#24]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
All I know is my parent's pension is six figures until the day they die. That is a deal that nobody from my generation will ever receive.
View Quote
Nice, but it can be taken away.  Ask some Monsanto retirees.  We do have insurance now against a company that’s paying retirees pensions going bankrupt, but there’s no guarantee it will be what they were paid before.
Link Posted: 4/24/2019 10:29:46 PM EDT
[#25]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Eh; kinda.   They didn't necessarily squander the current wealth they had in-hand, so much as build and commit to liabilities, that make it heavily burdensome on the next generation.   Social Security is the big one, since they retire with something like 40 years left to live, yet get full SS and more expensive medical and pharma now.  Here's what the SS% of GDP has been doing.  It crept from 4.5% of the GDP in the 1980s to as high as 6% of GDP, which actually is a lot.  But not as dire as people act:
https://www.ssa.gov/policy/docs/ssb/v75n1/v75n1p1-chart01.gif

Which doesn't look so bad, until you stop and look how the next (and current) generation's wealth generation activity is fairly substantially being diminished and diverted to pay for that, which you can see in this graph.
https://upload.wikimedia.org/wikipedia/commons/thumb/7/7b/Payroll_tax_history.jpg/800px-Payroll_tax_history.jpg
My own opinion is because we have a smaller and smaller portion of the population actually working and making wealth, so they have to pay for everyone else.

And you can see how SS Disability grew, though not all of that is Baby boomer retiree's; as a substantial growth in the liability has occurred due to younger generations also all claiming disability coverage:
https://www.ssa.gov/policy/docs/chartbooks/disability_trends/chart01.gif

Though the oligarchy is taking their substantial cut now too, so that they can continue that trend of fairly substantial polarization of wealth that's occurred and was (likely still is) accelerating.  
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/idsoFdCI5b2s/v1/-1x-1.png

It's not all bad, in many ways the average American is still wealthier than his historic counter-part.  But that wealth is considerably less than it otherwise could be, when you consider the rate of wealth generation he is producing per unit hour today, compared to his predecessor.
View Quote


This chart assumes all salary employees work 40hrs per week. Because, you know, all salary employees today head out at 5pm and don't do any work until they head into the office the next day at 9am.
Link Posted: 4/24/2019 10:30:07 PM EDT
[#26]
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Quoted:

Sure, but it was Woodrow Wilson who fucked the entire world.

Everything since is just consequence, minutia.
View Quote
truth in this too
Link Posted: 4/24/2019 10:31:46 PM EDT
[#27]
The Hard Timers fucked us by electing Wilson who swung the balance of WW1 and led to the rise of Hitler. Then the Greatest Generation fucked us by voting in FDR who aided and abetted his communist friends in the USSR which eventually subverted most of our educational institutions, which were able to successfully mindfucked the Boomers and most of the Millineals.

Had FDR not provided Lend Lease and other forms of aid to the USSR during WW2, the Nazis and the Soviets would have ground each other to a pulp and we could have waltzed right in and had established a free Europe and Russia, and the USSR along with their friends in DC would have never been able to subvert our country.

Can't remember who said it, but we outlived the USSR in the Cold War. Unfortunately they hit one of our arteries before collapsing and now we're bleeding out as well. I'd say the US is in cataclysmic depression and full on socialism by 2024. Record Corporate Debt, Record Student loan debt, record govt debt, record deficits, record govt obligations. Our society is an interest rate hike away from failure. Let that sink in.
Link Posted: 4/24/2019 10:36:06 PM EDT
[#28]
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Quoted:
Boomers kicked the can down the road, but the root cause of the socioeconomic issues we're dealing with started generations prior.

I will say that most have no conception of how good they actually had it.
View Quote
The thing that always comes to mind when I read things like this is how do you ever know until the partys over?

How were people supposed to know that the gravy train was going to end?

And when?

I just dont get the mindset of able bodied young men not going out and getting theirs, but rather sitting idly by wishing they had what others had.

Here I am working double shifts, hauling scrap, working odd jobs for cash and living pretty darn well by most peoples standards.

I guess Im just fucked in the head being happy and thankful every day.
Link Posted: 4/24/2019 10:37:35 PM EDT
[#29]
Nah. They dindu nuffin.

Quoted:
The thing that always comes to mind when I read things like this is how do you ever know until the partys over?
How were people supposed to know that the gravy train was going to end?
And when?
I just dont get the mindset of able bodied young men not going out and getting theirs, but rather sitting idly by wishing they had what others had.
Here I am working double shifts, hauling scrap, working odd jobs for cash and living pretty darn well by most peoples standards.
I guess Im just fucked in the head being happy and thankful every day.
View Quote
When growth ends, zero sum starts up again. Two responses: work harder for the same outcome, or accept less.

Many people in both groups. The bitterness comes from falling for loved ones' counsel. Boomers talked a big game about every generation having it better than their parents and buying a university certification as part of it.

Millennials got medieval Chinese social dynamics instead of the American dream. No big deal in the big picture - that's what most people get - but most people are told that's what they're getting.
Link Posted: 4/24/2019 10:38:07 PM EDT
[#30]
My 2 Uncles lived to 98 and 99 and collected huge SS pensions.  My mother is 92 and has less benefits because the Goverment changed the rules but she will collect another 3 years at least.  I work in a Emergency Room and about 1/2 the people we serve never worked, will never work and collect as they call it "SSI".  So there's a lot of blame to go around.
Link Posted: 4/24/2019 10:39:36 PM EDT
[#31]
Link Posted: 4/24/2019 10:40:04 PM EDT
[#32]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
short answer:  yes...

Their parents, the Greatest Generation, fought WWII.  They left for France and the Pacific at 17 and 18, fought overseas for years, came home, used the GI Bill to get an education or a trade, then worked their asses off to pay off the tiny house they built.  The lived depression-era living, saving a little of each paycheck and accumulating a small nest egg.

Their children, the Boomers, lived in an age of plenty.  They grew up, often with new schools.  They went to college in a time when tuition was cheap and you actually could pay your way with a part time and/or summer job.  The started work in an era when the corporate pension existed: Work 20, 25 years, retire at 55 with 60% pension.  Had inexpensive health insurance.  They voted themselves great government handouts and ran up a zillion in national debt.  They started the "But I Want it Now" lifestyle.  They spend 110% of what they earned, have nothing set aside for retirement, and are relying on someone else to care for them.  They had it all:  Cheap college, cheap housing, great benefits.  They stand to benefit from the greatest transfer of wealth in history, as their parent die and leave them the nest egg.

The children of Boomers?:  Lets see.  they are inheriting an essential broke country.  Education is now unaffordable.  Those that go to college will have massive debt.  When they start work, their real wages - accounting for inflation- are considerably lower than the Boomers.  They will not have a pension, instead get a 401K.  Those few that do have pensions are in "tier 5" or some altered plan that requires higher contributions, longer work span, for far less benefits.  When they marry and have kids, family insurance plans are far more expensive.  Oh, and since the Boomers still demand more than their fair share of the pie, this generation will pay higher taxes, which are funneled directly to the Boomers.

Boomers lived in a gravy age, consuming the wealth of their parents, and they are now - as a generation - going to impoverish their children and grandchildren....
View Quote
Welp, better just move out of the country and avoid that trap, right?

Surely there is someplace better for you.

Right?
Link Posted: 4/24/2019 10:40:19 PM EDT
[#33]
I have no tattoos, no rock concerts no fancy cars, no drugs, cigarettes, data plans,  but i have acreage and no debt.
Just because you squander your earnings instead of investing them, don't bitch to me about your poor choices.
Link Posted: 4/24/2019 10:40:41 PM EDT
[#34]
BTW, the wars have really squandered our wealth.  Don't forget all that military spending to fund them.  
Aren't we $22 trillion in debt now?
Link Posted: 4/24/2019 10:40:51 PM EDT
[#35]
I think it's more a case of corrupt politicians of both parties squandering this nations wealth and passing overly restrictive laws preventing up and coming generations from grabbing a piece of the pie. What if Johnson had been shot instead of Kennedy no Great Society, or war on poverty. It wasn't us who created all these programs sucking wealth out of the productive elements of society. What if greedy socialist unions never killed off the goose that laid the golden egg, or we had gotten sucked into pointless wars? Thing is, most of us just happened to be born at the right time in history. You got a gripe? Go take it up with your political master.
Link Posted: 4/24/2019 10:43:09 PM EDT
[#36]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
All I know is my parent's pension is six figures until the day they die. That is a deal that nobody from my generation will ever receive.
View Quote


,
,
,
,
,
,
,
,
Lets say this fantasy were true, have you fucked up so bad as their child that they will spend it all and you'll get no inheritance?

Or just not enough?

Thats not a good look.
Link Posted: 4/24/2019 10:43:16 PM EDT
[#37]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
short answer:  yes...

Their parents, the Greatest Generation, fought WWII.  They left for France and the Pacific at 17 and 18, fought overseas for years, came home, used the GI Bill to get an education or a trade, then worked their asses off to pay off the tiny house they built.  The lived depression-era living, saving a little of each paycheck and accumulating a small nest egg.
View Quote
I always get a kick out of the fetishizing of the "Greatest Generation".  Yes, they kicked the shit out of the Nazis and Imperialists, and for that they deserve our thanks.

Then they came home and built a comfortable Welfare State for them to retire in and passed on the bill to their kids and grandkids.

Social Security?  It was on the books before the first Boomer was even a drunken celebration grope after WWII ended.

Medicare?  Passed in 1965, before the Boomers were even eligible to vote.

Medicaid?  Passed as part of the same bill.

Food stamps?  Passed in 1964.

The Immigration and Nationality Act, the main source of our current immigration nightmare?  Passed in 1965.

Even the Viet Nam War was a result of Greatest Generation senior officers trying to fight Nazis in Western Europe instead of guerillas in Southeast Asia.  And a Greatest Generation CinC who tried to make the war cheap and easy so it wouldn't threaten his pet programs.

Much of our current fiscal problems were baked into the cake long before the Boomers even thought about retirement.  And it was the Greatest Generation who did the baking.
Link Posted: 4/24/2019 10:47:43 PM EDT
[#38]
Link Posted: 4/24/2019 10:47:57 PM EDT
[#39]
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Quoted:
Boomers have raped and pillaged this country
View Quote
The folks who decided to give away the voting franchise to everyone with a heartbeat are the ones who fucked it up. This happened before most of us were born. Enjoy the ride.
Link Posted: 4/24/2019 10:51:25 PM EDT
[#40]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
https://lh4.googleusercontent.com/rbkV6JLYUN7xfnd35T06it-It0qMfMn3Guybb1n7EcJxBLOVVY70Q-XitIkjSXGNAmST6nWsb-BtUT_3-1yFm_pogu9KK6sXiweeKb-AtXUDo1D_ub7jDgQxIlYRq5uCUg=s412

,
,
,
,
,
,
,
,
Lets say this fantasy were true, have you fucked up so bad as their child that they will spend it all and you'll get no inheritance?

Or just not enough?

Thats not a good look.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
All I know is my parent's pension is six figures until the day they die. That is a deal that nobody from my generation will ever receive.
https://lh4.googleusercontent.com/rbkV6JLYUN7xfnd35T06it-It0qMfMn3Guybb1n7EcJxBLOVVY70Q-XitIkjSXGNAmST6nWsb-BtUT_3-1yFm_pogu9KK6sXiweeKb-AtXUDo1D_ub7jDgQxIlYRq5uCUg=s412

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Lets say this fantasy were true, have you fucked up so bad as their child that they will spend it all and you'll get no inheritance?

Or just not enough?

Thats not a good look.
No, I have a successful career and load up my 401k and IRA like everyone else. My parents won't ever need to touch their savings.
Link Posted: 4/24/2019 10:51:35 PM EDT
[#41]
People from all generations have had a hand in the destruction of our way of life.

Trying to blame one generation for the evils in our country is beyond stupid.

The generational blame game is another tactic by the Left to divide people into warring tribes.
Link Posted: 4/24/2019 10:52:20 PM EDT
[#42]
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Quoted:
LBJ, and the rest of Congress that voted in the Great Society, Not Boomers, FDR, and Congress that voted in Social Security, Not Boomers. President Nixon and the Congress that took us off the Gold Standard and let the dollar free float......not Boomers.
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This guy gets it. I was born in 1955, right in the middle of the Babby Boom. I get a lousy $1,000/ from my 1st employer when I turn 65. The Greatest Generation (My Parents) were the ones that got to retire in their 50's at half pay. Even my wife who has 40 years with the same company had her pension frozen and based on what she made over a decade ago.
It was their generation that was in charge of the unions and the City and State governments when all this stuff was put into play and if we were lucky we caught the tail end of it.
Link Posted: 4/24/2019 10:55:59 PM EDT
[#43]
Idiots
Link Posted: 4/24/2019 10:57:25 PM EDT
[#44]
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Quoted:
Every generation blames the one before.....
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And all of their frustrations come beating on your door.....
Link Posted: 4/24/2019 10:57:51 PM EDT
[#45]
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Quoted:
Boomers have raped and pillaged this country
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indeed we are the 20th and 21st century version of the mongol horde..

Link Posted: 4/24/2019 10:58:37 PM EDT
[#46]
Get back to work you twinks.  I retired years ago, and when I hit SS age, there better be some SS $ left.   If not, my beer and ammo budget may take a hit.
Link Posted: 4/24/2019 10:58:43 PM EDT
[#47]
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Quoted:
We first need to agree on what constitutes a "Boomer".

Baby Boom Generation:  anyone born from 1946 to 1964.

Baby Bust aka Generation X:  anyone born from 1965 to 1982.

Millennials:  Anyone born from 1983 to 2000.

Keep in mind that most Boomers weren't able to vote until the 1970s, because the voting age was 21 back then.
View Quote
Generation X or Gen X is the demographic cohort following the baby boomers and preceding the Millennials. Demographers and researchers typically use birth years ranging from the early-to-mid 1960s to the early 1980s. Wikipedia
Period: 1961 – 1981
Link Posted: 4/24/2019 11:00:08 PM EDT
[#48]
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Quoted:
indeed we are the 20th and 21st century version of the mongol horde..

https://www.ancient-origins.net/sites/default/files/field/image/Subutai.jpg
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Boomers have raped and pillaged this country
indeed we are the 20th and 21st century version of the mongol horde..

https://www.ancient-origins.net/sites/default/files/field/image/Subutai.jpg
That reminds me, I have to get out the horse and saddle tomorrow, it's just the right weather for some saddle cooked meat.
Link Posted: 4/24/2019 11:00:58 PM EDT
[#49]
I coulda' been a contender but the man kept me down.
Link Posted: 4/24/2019 11:03:22 PM EDT
[#50]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
And all of their frustrations come beating on your door.....
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Every generation blames the one before.....
And all of their frustrations come beating on your door.....
I know that I'm a prisoner, to all my father held so dear...
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