Just curious why you group X’ers with the Boomers? I am an Xer and from I understand I will be lucky to get the money I paid into Social Security back with zero interest.
You have to lump the Xers with Boomers, otherwise it wouldn’t all be about the Millenials, and they can’t have that.
>> I am an Xer and from I understand I will be lucky to get the money I paid into Social Security back with zero interest.<<
I am a Boomer and am 100% sure I won’t see a dime. It was the so-called “Greatest Generation” that screwed us all with the Ponzi schemes of medicare and Social Security (as well as the Welfare State).
The Boomers only sin is working to older age. The Millennials and Whiners should have learned how to work when they were young instead of getting awards for using the potty properly (God knows the kids I see coming out of College don’t know the meaning of the “w” word).
Anyone younger than 55 who thinks he/she will see a DIME of Social Security is delusional. SS is exactly zero in my retirement planning.
I’m an X, too.
As much as I’d like to sit back and blame our current problems on the boomers, I can’t. I have to be honest with myself.
All the crap that’s been passed by Congress the past few years required the votes of Xer’s who are now serving in Congress. All the state and local governments that are being mismanaged and financially destroyed have our hand in their destruction.
We’ve participated in - and even designed - some of the most fiscally irresponsible financial vehicles that have been bringing the markets to their knees. We embraced sub-prime lending, real estate flipping and etc...
And worst of all: it’s our generation that’s raising the current crop of whiners going through our schools. Those are OUR kids that we’re not educating to be self-sufficient, productive members of society.
Our hands aren’t quite as dirty as the Boomers, but they’re pretty dirty.