That is real sweet, calling me sugarshorts. I like it.
Aren't you in some boomer's will? Most young people are. You see yall think we are all "using it up" and taking it all. We have been in a way, I agree with that. But most of us are "hoarding" for the next two generations.
So a huge transfer of money is going to occur in the next thirty odd years from us pre boomers and boomers to our children and theirs. Our kids will be in their fifties for the most part and will be prudent with it and with their children's part.
I do think that will solidify a chasm in American life between the haves and the have nots and for that reason think repeal of the estate tax may be a bad thing. My children and grandchildren won't support that however anticipating dividing the spoils and Grannie and Gramps pass over.
I was born in 1967, so my parents are the boomers. I'm too late to be a boomer and to early to be Gen X'er. So, I'm surrounded on side by a whining group of greedy bastards who believe they accomplished something in the 60's on one side, and on the other, the next geeneration of over-indulged idiots who couldn't find their own behinds with both hands and a road map.
One sucks the lifeblood from me and the other will be running things when I'm on the far side of the hill. Considering the possibilities, tell me why I shouldn't be concerned for my future?
BTW, my parents squandered whatever they had. I'm not worried about being in anyone's will because I've always looked out for myself and worked for myself. Perhaps if more people had that kind of idea we wouldn't be having this discussion right now.