We know now that there was no "trust fund" earning interest.
Lockbox!
-PJ
Posted on 06/15/2015 12:22:04 PM PDT by Cincinatus' Wife
Couldn’t have said it better, myself.
Only if you count their offshoring industries.
Were previous generations bombarded with the constant commercials that we seem to get?
I don’t call them the Boomers.
I call them the Locusts.
We know now that there was no "trust fund" earning interest.
Lockbox!
-PJ
In fact it was government and the greedy corporations looking for more suckers when as things became obscenely expensive, like homes, cars, schooling, insurance, medical etc...
What they did was convince all the woman they had to have careers. Stay at home moms were portrayed as stupid fat simpletons. Fact is the corrupt corporations were looking for more low wage employees. Endless lines of them.
Now millions of “career” women are suddenly working at chicken licken, Walmart and auto parts stores are wondering how they got so screwed. Ya seen the attitudes of most of these people?
They can’t afford to stay home and have babies and raise families. They have no insurance or worthless insurance they’re forced to pay for.
And since few can afford all these traditional family things, like babies, the government just imported tens of millions more low wage illegal to fill the holes. They have lots of babies, regardless if they can afford them. Government then got the what’s left of the middle class to subsidize millions of their imported low wage workers. A win win for the employers!!
You need an update.
Multi-generational cooperation (harkening back to pre-hippy standard operating procedure) would soften the blow quite a bit and help society to rebound more quickly and with less pain.
Leave the Koch Brothers out. Unlike almost all other monied interests, they actually push for pro-market policies, rather than government hand-outs to their companies or regulations that prevent the entrance of competitors, suppress disruptive technologies, and the like. That is why the left hates them so much: they can’t be co-opted to support the expansion of state power. It has to do with their business model: they run their companies’ divisions as if they were all small start-up companies. What’s good for the Koch Bros. is by-and-large what’s good for new entrants into the market, small businesses included.
I'm not terribly upset. (I just hope I stay employed.) Methinks the article is describing more that glamorous "culture" of retirement, which IMHO will fade away as rapidly as shuffleboard.
I never saw myself playing golf in Florida. Not one of those happy, cultured people on the retirement home brochures resembles me. For me, it's a straight road to the assisted living facility. In between I hope to work while God gives me the strength.
No :)
I knew one old lady who would only watch tv after she had cleaned her house and dolled herself all up (so the tv people would only see her at her best :)
Silly, but the old bird got a lot done in her life!
Nobody likes a whiner, moaner, groaner, complainer. Leastway, success doesn't.
That's the job hoarding the article was complaining about.
If you wonder why you are working so hard to get a job, please note that a lot of these guys are sitting on theirs or at least working part-time.
-PJ
If ya believe that you'll believe anything. They'll have most of the boomers and their kids living in poverty and working until they drop dead. Government even looted their Social Security money which was confiscated from them at gun point.
Were there.
I bet this same author supports policies like Obamacare, which has put a huge squeeze on the middle class and increasing the corporatization of healthcare providers and putting small independent practices out of business.
A better idea might be to watch the grandkids to give the kids a much needed/appreciated leg up. We are only as successful as our kids prospects are bright. It’s time to get on the same team and ditch this obsession with naming every decade or so.
Among other societal characteristics that supported wealth creation.
“By the way Social Security I paid into, dont make it sound like its a liberal given free bee.”
Meh, people take out in benefits WAY more than they paid in. It’s a welfare program disguised as something else.
"When the whole world brought its savings to the United States, people of mediocre skills and slack work habits could afford big houses, expensive vacations, and (at taxpayer expense) generous pensions. Why Americans expected to live well indefinitely on the largesse of foreign investors is a question for the psychiatrists, not the economists."
--Spengler, Asia Times
That may be true of your Boomer acquaintances, but not of me or most of the Boomers I grew up with. Most of my friends, all of my first cousins, and I were brought up in lower middle class families and were first generation college graduates. A college education, debt free, at a state university was affordable back then, even for kids from modest backgrounds. My parents worked hard to provide what we had, and I am grateful to them for that, but it was definitely not a third-base upbringing. From them, I learned the value of hard work, education, and thrift. As a result, I expect to retire in the next two years at a comfort level that would be almost unimaginable to them. If that's being sanctimonious, so be it.
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