And of course, it will be the boomers who suck up all the available Medicare money and Social Security funds.
Because little Johnny is the me, me, me, now, now, now and daddy doesnt want to upset him. After all, his friends have new jeeps. Johnny can't be odd man out.
I won't deny that the boomers have the me, me mentality, but their kids have it in spades. Xer's I know a few years back were spending like there was no tomorrow because 'the business cycle had been defeated' & it was all blue sky from now on. Many of them were dumfounded when brokers made the first of a series of margin calls back in '99.
And of course, it will be the boomers who suck up all the available Medicare money and Social Security funds.
Boomers are the last people you should be complaining about re: SS. They were born into the system and have been contributing to it their whole lives. You're better off blaming those who benefit from it but who have not contributed. Believe me there are tens of thousands of those.