Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Baby boomers are what’s wrong with America’s economy
Washington Post ^ | 11/05/2015 | Jim Tankersley

Posted on 11/06/2015 8:07:55 AM PST by MadIsh32

If anyone deserves to pay more to shore up the federal safety net, either through higher taxes or lower benefits, it’s boomers — the generation that was born into some of the strongest job growth in the history of America, gobbled up the best parts, and left its children and grandchildren with some bones to pick through and a big bill to pay. Politicians shouldn’t be talking about holding that generation harmless. They should be asking how future workers can claw back some of the spoils that the “Me Generation” hoarded for itself.

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Business/Economy
KEYWORDS: americaindecline; babyboomers; boomers; debt; debtceiling; economy; offshoring
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 181-189 next last
To: Harpotoo

You really didn’t read any of my posts?

Obama- Boomer

Congress- Comprised 90% of boomers

Voters in 2008- Boomers

“It is not too surprising that as people age, they’re more likely to vote. In the 2008 Obama-McCain election, 69 percent of boomers — aged 44 to 62 at the time — turned out compared to the 51 percent of 18- to 28-year-olds.”

http://www.nytimes.com/2012/10/29/booming/voter-turnout-for-boomers-and-millennials.html?_r=0


41 posted on 11/06/2015 8:36:06 AM PST by MadIsh32 (In order to be pro-market, sometimes you must be anti-big business)
[ Post Reply | Private Reply | To 36 | View Replies]

To: peeps36

Barack Obama has a six figure job, and he’s an idiot, too.


42 posted on 11/06/2015 8:37:00 AM PST by twister881
[ Post Reply | Private Reply | To 33 | View Replies]

To: Pelham

Your ilk put Obama and Clinton in office

http://www.nytimes.com/2012/10/29/booming/voter-turnout-for-boomers-and-millennials.html?_r=0

“The 69 percent voting rate for boomers in the 2008 presidential race was the highest since 1972, the earliest comparable year and the first time eligibility was lowered to the current age of 18.

The number of boomers registered to vote in the 2008 election — 75 percent — is also the highest, except for 87 percent in 1972, which was an exceptional year for several reasons, including the draft and the lowering of the voting age.”

Again, please tell me which generation put Obama in office?


43 posted on 11/06/2015 8:37:11 AM PST by MadIsh32 (In order to be pro-market, sometimes you must be anti-big business)
[ Post Reply | Private Reply | To 38 | View Replies]

To: MadIsh32

Simple minds like simple explanations.

Good luck with your crusade.


44 posted on 11/06/2015 8:37:44 AM PST by skeeter
[ Post Reply | Private Reply | To 41 | View Replies]

To: slowhandluke

A lot of this current nonsense started with LBJ, and boomers were too young to vote then.


45 posted on 11/06/2015 8:38:17 AM PST by smokingfrog ( sleep with one eye open (<o> ---)
[ Post Reply | Private Reply | To 14 | View Replies]

To: smokingfrog

Boomers had 3 decades to undo the damage (or at least not exasperate it) of LBJ.

A boomer President, who received votes mostly from boomers, who had a boomer Congress, gave us Medicare Part D.


46 posted on 11/06/2015 8:39:19 AM PST by MadIsh32 (In order to be pro-market, sometimes you must be anti-big business)
[ Post Reply | Private Reply | To 45 | View Replies]

To: MadIsh32

This bedwetting whiny liberal author voted for Obama and he wants to blame me? I’ve never taken anything from anyone in my whole life. I also worked for 43 years without any handouts from anyone. This candyass is crying because he’s still living in parent’s basement. All you Xer’s and milennials are going to get to reap what you sowed by voting in all these socialists.


47 posted on 11/06/2015 8:41:10 AM PST by caver (Obama: Home of the Whopper)
[ Post Reply | Private Reply | To 1 | View Replies]

To: caver

Who voted in the socialists?

Boomers

Again, boomers have been the largest voting block in America since the turn of the century.

And boomer voter turnout was the highest in 2008!

http://www.nytimes.com/2012/10/29/booming/voter-turnout-for-boomers-and-millennials.html?_r=0

“The 69 percent voting rate for boomers in the 2008 presidential race was the highest since 1972, the earliest comparable year and the first time eligibility was lowered to the current age of 18.

The number of boomers registered to vote in the 2008 election — 75 percent — is also the highest, except for 87 percent in 1972, which was an exceptional year for several reasons, including the draft and the lowering of the voting age.”


48 posted on 11/06/2015 8:42:21 AM PST by MadIsh32 (In order to be pro-market, sometimes you must be anti-big business)
[ Post Reply | Private Reply | To 47 | View Replies]

To: caver

Look how many old people are falling in love with Bernie of all people

http://www.nytimes.com/2015/05/29/us/politics/bernie-sanders-campaign.html


49 posted on 11/06/2015 8:44:03 AM PST by MadIsh32 (In order to be pro-market, sometimes you must be anti-big business)
[ Post Reply | Private Reply | To 47 | View Replies]

To: MadIsh32

That would make sense, but the younger generation isn’t blaming Clinton or any democrat at all. They hold it against conservatives. In their minds, all of their elders are to blame, even those who didn’t want all that spending to happen. We’re big gas guzzlers too. Selfish selfish selfish! No thought at all for future generations. I’m sick of being bad-mouthed like this by the younger generation. I wanted Congress to stop spending us into oblivion, still do, but yet, I’m being blamed for causing the difficulties the younger generation will have to endure.


50 posted on 11/06/2015 8:44:12 AM PST by FamiliarFace
[ Post Reply | Private Reply | To 1 | View Replies]

To: MadIsh32

A disgusting rant by a liberal loon looking to divide the country yet another way. KMA Washington Post!


51 posted on 11/06/2015 8:45:18 AM PST by PLOM...NOT! (With guns, we are citizens. Without them, we are subjects.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MadIsh32

“Again, please tell me which generation put Obama in office?”

Yours, buster. Somehow you think that you can tell who the boomers voted for simply by looking at the number that voted. Sloppy logic but then you’re looking for an excuse.

Boomers had already seen fools like Obama in the 60s. It was all new and exciting for your hipster-neck beard generation.


52 posted on 11/06/2015 8:45:34 AM PST by Pelham (A refusal to deport is defacto amnesty)
[ Post Reply | Private Reply | To 43 | View Replies]

To: FamiliarFace

To have endured years of abuse by the libs, the media and finally our own party and then have to listen to this crap is really too much.


53 posted on 11/06/2015 8:45:50 AM PST by skeeter
[ Post Reply | Private Reply | To 50 | View Replies]

To: MadIsh32

Well if if you don’t like Boomers like obama then support rubio! He’ll set it right for you:-) Cause you know US boomers now only make up 77M of the US’s 320M population!


54 posted on 11/06/2015 8:46:23 AM PST by Harpotoo
[ Post Reply | Private Reply | To 46 | View Replies]

To: slowhandluke

There is no generation that has paid more in taxes and then had it squandered than the boomers. Our monies have been stolen, our SS has been stolen, our property taxes have turned into rent and our sons and daughters died for nothing.

Don’t tell me our generation is worthless. We at least still show up for work on time as we can read a clock and we show up sober. We are still paying for your idiotic life style, sleeping in our basements, eating our food and driving our cars. You spend meaningless time surfing social media sites, playing electronic games and watching porn. You complain about no work available when you have wasted 5 years of your life getting a useless degree in the “mating cycle of the African tse tse fly” and “womens African studies” all along obtaining student loans worthy of a really nice house.

Maybe you should have been thrown out the door on your ass at 18 and gotten a job as a welders helper, a plumbers helper or maybe ditch digger.

The only thing we are guilty of is giving you too much. Too many cars, too much allowance, too many cell phones, too may trips and too much freedom hoping it would promote your independence and responsibility. We did fail.


55 posted on 11/06/2015 8:46:36 AM PST by biff
[ Post Reply | Private Reply | To 14 | View Replies]

To: MadIsh32

No guilt here, boy.

Served my country, worked my butt off, STILL working although I could retire.

You darn right I’ll draw every penny of my SS and Medicare that I PAID FOR.

I smile when you remind me that receiving what I was FORCED AT GUNPOINT to pay for chaps the heinie of the whiners in the Me Generation.

No matter what you and your journalist pal think, it won’t change, either; to deny boomers near retirement age the benefits which they were promised — and to which they have contributed — would be political suicide. So get used to it!

Think of it as what you snot-noses earned for giving us Obama.


56 posted on 11/06/2015 8:47:32 AM PST by Nervous Tick (There is no "allah" but satan, and mohammed was his demon-possessed tool.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Pelham

http://money.usnews.com/money/retirement/articles/2008/11/19/the-baby-boomer-vote-sandwiched-again


57 posted on 11/06/2015 8:48:08 AM PST by MadIsh32 (In order to be pro-market, sometimes you must be anti-big business)
[ Post Reply | Private Reply | To 52 | View Replies]

To: MadIsh32

from article:

“Boomers soaked up a lot of economic opportunity without bothering to preserve much for the generations to come. They burned a lot of cheap fossil fuels, filled the atmosphere with heat-trapping gases, and will probably never pay the costs of averting catastrophic climate change or helping their grandchildren adapt to a warmer world.”

If this doesn’t warn readers of this writer’s stupidity, then nothing else will.

There has NEVER been an election in the United States where just one generation of voters held sway. There are always three generations voting.


58 posted on 11/06/2015 8:48:50 AM PST by odawg
[ Post Reply | Private Reply | To 1 | View Replies]

To: MadIsh32

Well that’s what’s happens when lazy no where gens shirk their civic duties like you do! Just like now you leave US to do the WORK/VOTING for you and then when you don’t get the outcome you desire you blame US. Your argument here is childish just as you seem to be. Childish and LAZY!


59 posted on 11/06/2015 8:50:13 AM PST by Harpotoo
[ Post Reply | Private Reply | To 48 | View Replies]

To: MadIsh32
The Urban Institute has estimated that a typical couple retiring in 2011, at the leading edge of the boomer wave, will end up drawing about $200,000 more from Medicare and Social Security than they paid in taxes to support those programs.

There's an awful lot of nonsense here (global warming, etc.), but this quote really takes the cake.

Of course they (we) get more back than they put in. You expect that of an investment. Getting back just what they put in would be bad enough; getting back in inflated dollars what you put in in uninflated dollars would be highway robbery.

The real problem here is the Ponzi Scheme nature of Social Security. The money put in isn't invested in anything. It's paid out to those already retired, with the intention that those currently paying in will in turn get paid back from the taxes paid by the next generation. That's a perfect recipe for disaster. It was lauded as "a compact between the generations," but those who would have to pay in later weren't around to agree to any such "compact." After they were born, they were told they were bound by it, but they had no voice in whether to accept that burden.

As for the boomers looting job opportunities, the author fails to note that most of the problem arises from government burdens on the economy: taxes and regulation.

60 posted on 11/06/2015 8:50:20 AM PST by JoeFromSidney (,)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 181-189 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson