Skip to comments.Gen X stymied by baby boomers hanging on to jobs
Posted on 09/18/2011 2:04:40 PM PDT by the invisib1e hand
NEW YORK -- In Tiffany Spaulding's 12 years in the pharmaceutical industry, she has worked for three companies, two of which no longer exist, and relocated to four states.
Now 39 and living in Brookfield, Conn., she hasn't had a promotion in five years and says she sees no chance to advance, stuck behind a wall of baby boomers. She would quit and turn her hobby of jewelry design into a business, she says, if not for the home and school loans that eat up half her salary.
Spaulding, according to a new report, is a typical member of the relatively small group called Generation X, 46 million Americans born between 1965 and 1978: They're ambitious, squeezed by debt and frustrated by people who aren't retiring on schedule. More than a third hope to leave their jobs in three years, a survey of more than 1,100 members of Generation X by the Center for Work-Life Policy found.
Well, two out of three is close.
The Lamest Generation.
Boomers have to keep working because they can’t afford to retire.
Working is a great way for some/many to stay alive.
Home loans eat up half her salary?
I know the golden mean is 1/4 but in places like NY, taxes are so high and home values so high they DO often eat half a persons salary - been there, done that. That’s why I left.
Notice my tagline.
Who would have thunk it
Right, so if the slackers can only find a way to kill most of them...Hey, maybe Doctor Ezekiel Emanuel can help!
The really funny part of all this is if enough people keep electing liberals, when they finally get jobs, they can turn over about 90% of their income so their liberals can pay for my health and huge retirement benefits.
Sounds like a great plan, doesn't it?
Ah good ole Gen X - her salary! It would be easier if it were their salary (and I do hope that it wasn't an involuntary 'singlehood')
Even moving from the West increased my salary by 25% and reduced my taxes by thousands. Liberals are idiots
As a boomer who got “squeezed out” 3 yrs earlier than planned, I’m a bit surprised to read this. Because among friends, relatives, and acquaintances, the early exit seems fairly common.
Ease out the higher priced experienced help and bring in cheaper talent. I think what this girl is REALLY seeing is the Baraqqi Depression at work.
Why are they the lamest generation?
what are the odds that miserable bitch pharma rep is single because of an act of God?
Tiffany should be happy she HAS a job!!
The woman in this story HAS a job, for which she should be grateful. She is making a good salary, she just isn't moving up the ladder. Well, no one is. My youngest daughter couldn't find a job at all, right out of college. So, she is now teaching English in Japan. I'm proud of her for changing her focus, getting the training that was required and not getting too bummed by how long it took her to even get the teaching job.
This isn't going to be permanent. No matter what the media trys to tell us about this being the "new normal". It's not. It is the old normal for whenever Dems are in charge of everything. This Prez is a little worse than most, but this is what happens when we forget how bad Dems are at governing.
The problem Gex X is that if the boomers retire, they pay less or nothing into the socialist Ponzi scheme and start drawing from it so those who have decades more to work get to pay even more.
Get used to it Tiffany, there are a lot of Boomers who are going to die at their desks.
Vote Repub next time, dear.
39 years old and still paying off her school loan???
How liberals view the world: there are a fixed number of jobs and it's unfair the way the jobs are distributed. Everything in life is a zero-sum game and government should have the power to distribute the fixed amount of pie to the politically-correct interest groups.
The idea of the economy and human activity as a dynamic system is beyond their grasp.
“...and frustrated by people who aren’t retiring on schedule.”
And exactly whose schedule would that be?
All the older people that I know who are still working are doing it because they have to. And believe me, no Gen X-er can beat their work ethic (and I speak as a Gen X-er.) Give me an older worker with experience and the right attitude any day.
I could just as easily paint a picture that tries to fault "generations" for murdering their posterity.
These kind of arguments only appeal to simplistic, collectivist bigotry. It's just another way to evade personal responsibility, the payoff being an excuse from modifying one's own behavior because of being powerless over some abstraction's "fault."
"It's not fair!"
So what else in new?
I've got words of advice for these individuals fostering their resentment toward persons older than they. Look behind you, there's another, thinner but young, dumb and energetic crowd coming over the hill behind you. The line forms behind the equally stubborn and very large demographic abstraction ahead of you.
Take a number and be grateful you weren't exposed at birth or born during a plague. You might as well complain about the weather.
She’s 39. She has almost 30 more years before she reaches retirement age, if they don’t raise it by then. The Boomers will be gone long before then. She has the biggest problem for all Gen X’ers: a lack of patience. And worst of all, when she is 57 or so and refusing to move out to pasture for the younger workers because she needs things like food, shelter, and health care; she won’t remember her angst today about those people ahead of her refusing to die on her schedule.
Every generation has one ahead of them blocking the meteoric rise they think they deserve and one behind them wishing they’d die or go away.
Well at 30 bucks a month they have her right where they want her.
I disagree with that first part, but that’s a different story.
Nope. Not all...actually, I’d bet most DIDN’T!
At least the next batch can blame ritalin.
You know, I’ve never understood bitchin’ about your ‘lot in life’. There will always be people above you and below you on The Food Chain. I thank my Lucky Stars every DAY that I’m not on the bottom, LOL! And I’m not motivated, cruel or ruthless enough to be at the top; I thank my Lucky Stars for THAT as well...
Consider yourself a Free Agent, build your skills set as you go, find people that will pay you for the use of your talents and get the Ef ON with it! Your days are numbered! All of our days are numbered...
*Shakes Head, Walks Away*
Gen-xers have many of the mores of the idle rich.
I know a lot of Boomers who got the early ho too but many of them own their own businesses now.
as in, "new money" minus the "money?"
wow. talk about bankruptcy!
Boomers have to keep working because they cant afford to retire.
And because their damned Generation 'X' offspring won't move out of their basement.
After being on unemployment for 5 months I finally am starting my new job on Tuesday.....I’m thrilled and grateful!!!!!!!
“Why are they the lamest generation?”
Because they think their problem is the previous generation, when really it’s the fact that they’re all still paying off student loans at age 39, like the woman in the article.
The Boomers have a lot of negative qualities, but they didn’t come out of college 100,000 grand in debt. Or take out mortgages they had no hope of repaying.
Gen X algebra: Entitled + (seeing yourself as a vicim) x (looking for someone else to blame) = Lame
I know a lot of Boomers who got the early heave ho too but many of them own their own businesses now.
Ok, I’ll have a #3 combo with large fries and a vanilla shake. ;)
Trying to show me up, are ya? YOU put more exclamation marks than I!!!!!!!!!
I had champagne instead(:
I love how these kind of articles always bring the cranky fogies out of the woodwork to carp about how youngsters are no good these days... completely forgetting that it was their own generation that ushered in so many monstrosities in culture and politics in the 60’s and 70’s. If Gen Xers can at least blame poor parenting for their entitled attitude, who do Baby Boomers have to blame for their life-long selfishness?
Awwww geez... don’t go to work your first day DRUNK, K?
Reminds me of the service ditty:
"Old soldiers never die,
The young ones wish they would."
I’m self employed and create and provide employment
but I will still try to die quicker for you little brats ...pass me the morphine pump and some Meddle please
Last night was the last drink for a while.....I ate too much on unemployment and cocktail hour was at 3:00 when Hannity came on the radio....I had enough!!!!!
Hi! Fogie here!
Why, WE were raised by The Greatest Generation, silly!!!
The difference being..... I don’t blame them for ANYTHING good OR bad immy life.
Gotta go now for my Geritol Treatment.